Online Shopping Summary
Online shopping has become highly prevalent in todays society. This was not always the case however, as online exchanges were not accepted as an appropriate form of purchasing and business. E-commerce has revolutionized the way that consumers are using the market and the way that businesses are run. A Australian financial resource has stasted that " Revenue generated by Australian online retailers is expected to increase 8.6% per annum over the five years through 2011-12 to be worth $10 billion. This will include growth of 9.1% in 2011-12". (Financial Source Below)
This shift towards online transactions is expected to increase in the upcoming years ahead due to the convinience of electronic transactions. Overall it is expected that electronic commerce (E-commerce) will be in use for many years ahead due to the increased demand for easier and more convinient ways for exchanges to occur between businesses and consumers.
This shift towards online transactions is expected to increase in the upcoming years ahead due to the convinience of electronic transactions. Overall it is expected that electronic commerce (E-commerce) will be in use for many years ahead due to the increased demand for easier and more convinient ways for exchanges to occur between businesses and consumers.