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

Nowadays, online shopping has been increasing day by day. It has many benefits to individuals including, attractive discounts, and time-saving; on the other ,hand

companies

also

have their advantages, as it has decreased the cost of building stores, and increased the number of consumers.

However

, people have to face disadvantages

such

as fraud in online shopping, and lack of shopping experiences;

moreover

, industries

also

faced its cons

such

as marketplace saturation, and being highly competitive. On the one hand, online shopping has saved time for consumers by placing the order from their place.

In addition

, it

also

offered lucrative discounts to them.

For instance

, season-end sales, festival sales, are some of its examples; where a consumer can avail of any product at a discounted price.

Furthermore

, it has benefited manufacturing

companies

, as it has multifold the demand by targeting global users.

Moreover

, it has diminished the cost of opening a store and bearing expenses

such

as

,

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rent, employees, salary, electricity bill, and several more.

Thus

, digital shopping is profitable for both industry and individuals. On the flip side, lack of shopping experience and fraud seems to be an obstacle for people. To exemplify, many sites sell counterfeit products, and no delivery of items are among the problems faced by society. While

companies

also

faced consequences

such

as saturation of the market, and increased competition as online shopping provides an option to a person to compare prices and running discounts on an item easily.

Therefore

, these reasons seem to be a disadvantage to them. To conclude,

Although

there are some drawbacks of shopping online, its advantages outweigh its disadvantages as its advanced technology is profitable for both personal and

companies

.