An increasing number of people are buying what they need online. What are the advantages and disadvantages for both individuals and companies to shopping online?

As technology has advanced recently, people prefer to buy things virtually rather than physically going to the shop. It has both pros and cons to the customers as well as to the selling firms. I will be explaining them in the upcoming paragraphs.

Firstly

, corporations have more profit margin available to them because they have fewer operating expenses.

In other words

, companies do not have to worry about maintaining the office spaces for their employees.

Secondly

, it escalates the market of the industries and they can advertise their products to every corner of the nation through the internet.

Moreover

, patrons can save time and energy by shopping from home. Easy return policy of these online ordered goods is like icing over the cake.

However

, it has various negatives too. To embark on, masses do not get the chance to physically verify and see the material ordered. There is a high probability of fraud in

this

field.

For instance

, one of my friends ordered an I phone from

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ocal website but when he opened the box, he discovered that a Chinese cell phone modified as an apple phone was provided to him.

Although

this

platform benefitted all, it made small scale firms to disappear from the market. Tiny organizations have less budget so they are not able to invest high amounts in adverts. In the nutshell, it is worthwhile to say that technology will keep on expanding in the coming years,

therefore

, individuals and businesses should learn to utilize these advances for their gains and prosperity.