Why Online Shopping is Here to Stay

Information and Technology News

Why Online Shopping is Here to Stay

It is rather
frightening when you look back at the speed and pace of the digital revolution
– how far we have come – and the future looks like something out of a sci-fi
movie. We are about to roll out 5G, which gives 10 times the data speed, and
with Bitcoin emerging as the major player in the digital currency pack, the
stage is set for a virtual economic global marketplace.

Ongoing Interaction

Digital technology
is in the process of morphing with human society, and as time passes, it
becomes increasingly more obvious that we are heading for a world without a
traditional retail industry as such, rather there will be huge Amazon-style warehouses
that deliver goods using drones. The current health situation is pushing people
to online shopping, as one does not have to leave the home and the products are
delivered to your door, while sticking to social distancing rules, and many
tech gurus are predicting that AI will change the world in many ways.

Enhancing the
Customer Experience

If we look back to
30 years ago, if you wanted to buy stone floor bathroom tiles, this would involve spending half the day
at a builder’s merchants or huge home improvement facility, whereas, today, you
simply search with Google and you will find many online suppliers of the best
ceramic and stone tiles, all at trade prices and in most cases, with free
delivery.

Reducing your
Carbon Footprint

Buying from an
online supplier means you don’t have to use energy to travel and with products
delivered in an eco-friendly way, our roads will be less polluted, as traffic
is greatly reduced. The traditional retail industry has been suffering for the
past 4-5 years, as more and more consumers turn to e-commerce, and the hardest
hit is the small corner shop retailer, who simply can’t compete with the low
online prices.

Cashless
Society

The current health
situation reminds us that digital currency is a safer option that physically
handling notes and coins, plus there is a growing interest in digital
currencies like Bitcoin, which will eventually replace cash. This does not mean
you will be restricted to buying online, as QR codes can be used to pay for
goods in a traditional retail store using your mobile device, but the general
trend will be towards e-commerce, for obvious reasons.

Consumer
Protection

When shopping
online, you enjoy the same rights that you have when purchasing in a retail
outlet, so this eliminates the risk of being scammed with an online purchase.
Obviously, one should do one’s research when buying anything online, and if you
use Amazon, you will have full consumer protection. Admittedly, at the
beginning, e-commerce was at risk of fraudsters, yet today, it is almost
impossible to scam people online.

With the emergence
of AI and virtual reality, we are about to witness a technological explosion
that allows people to interact in a cyber way, and with more and more people
connected to virtual reality, the World Wide Web will be an essential part of
our lives.