Online shops and shopping trends are taking over the brick and mortal stores. With the advancement of technology, this trading mode has become a way of life for many customers. This is definitely a good way for people to shop since they no longer need to travel and spend a lot of money on fuel or transportation cost. People simply enjoy the opportunity to shop whenever they have a few spare moments. Interesting enough, people can embrace the fact that they can browse the online shops from the comfort of their home or office with access to Internet. Moreover, people can enjoy the endless shopping possibilities and the great amount of choices traditional brick-and-mortar stores are lacking.
This significant trend has spread to the rest of the world, with market surveys shows great surge of online shopping particularly in Asia. Just like other parts of the world Singapore boasts of one of the highest Internet users who shop online. An article published in The Straits Times wrote that almost $689m was spent online previous year according to data from Euromonitor International. A survey report further reports that over 26000 Internet users in the year 2008 found that 8 out of 10 Singaporeans shopped online, and this number has drastically increased since then. In fact, there is a huge surge of transaction for retail categories such as travel products, books, apparels, clothing and even tickets. This steady growth has resulted in more savvy shoppers, since the recent trend has allowed shoppers to be able to compare rates much more and conveniently.
The wide-spread recognition and popularity of shopping online has also added to the entrepreneurial will of many savvy Internet users, with many grabbing the chance to set up a cost-effective e-commerce. With maximum sales and profits for both shoppers and retailers, it seems to overpower the world and will be declared a popular and constant trend for the years to come.
It is also recorded that an average of 3 to 5 new stores are added each day. Presently there are more than 4000 listed local online shop Singapore. Existing online stores are all experiencing increased sales. The retailers dedicated to giving a differentiated and elite shopping experience. Most important of all, the shipping cost that these online sites charges is usually not that high too. So, it is time join online community and make big profit while saving a burden.