On­line shops a mixed bag of ben­e­fits

Geraldton Guardian - - News - Greg Hornsby

There are many op­por­tu­ni­ties to spend money on­line.

These in­clude on­line shops, in­app pur­chases, buy-and-sell ser­vices, cloud ser­vices, bill-pay­ing, bank­ing ser­vices and more.

We are bom­barded by ad­ver­tise­ments try­ing to lure us into im­pulse-buy­ing. One day there might not be any phys­i­cal shops any­more, so this will be aca­demic. But for now there is still a choice. So what are the pros and cons of spend­ing our money on­line?

There are many ad­van­tages of on­line pur­chas­ing. If time is pre­cious, it is cer­tainly quicker to shop on­line. There is no travel to and be­tween shops in­volved.

You can also visit a much larger range of stores on­line and there is a much larger range of prod­ucts.

Many prod­ucts are only avail­able on­line.

Prod­ucts are cheaper on­line than in phys­i­cal shops.

This is be­cause on­line stores have lower over­heads and be­cause of much stronger com­pe­ti­tion.

It is also much eas­ier to com­pare prices and prod­ucts be­tween dif­fer­ent shops on­line.

There are many web­sites that spe­cialise in do­ing the com­par­isons for you to find the best avail­able price for a given prod­uct.

But there are also dis­ad­van­tages. Re­search shows peo­ple are more prone to im­pulse-buy­ing on the in­ter­net.

Re­turn poli­cies and pro­ce­dures of on­line stores vary greatly.

When you shop on­line, you don’t get the ben­e­fit of the knowl­edge of sales­peo­ple. It is also eas­ier to ne­go­ti­ate on price in per­son.

When buy­ing on­line, you need to be care­ful of se­cu­rity is­sues with pay­ment. Hav­ing your credit card de­tails fall into the wrong hands could be dis­as­trous.

With per­sonal shop­ping, you bring your pur­chase home with you, but with on­line shop­ping, you have to wait for it to be shipped.

Do the pros out­weigh the cons? Not re­ally.

There will be times when buy­ing on­line is bet­ter and times when you pre­fer to go to a shop.

Ei­ther way, you need to be care­ful how you spend your hard­earned money.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.