Online shopping in Pakistan is on the ascent like other countries in the world. Many reliable new online shopping stores are coming into existence and providing quality products with excellent customer service.
Pakistan is a developing country, and its population has crossed 230 Million.
It is the fifth-largest county in the population category and the 33rd-largest country by area, spanning 881,913 square kilometers (340,509 square miles). Its coastline is 1,046-kilometre (650-mile) long along the Arabian Sea and the Gulf of Oman in the south. Its approximately 40% population consists of young people. Its economy is developing with a large and rapidly growing middle class.
Pakistan has more than 33 million internet users in Pakistan. It ranks among those countries where internet use is high.
Pakistan has significant IT experts involved in e-commerce, website design and development, software engineering, and information management on a digital level.
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Some Global Stats About Online Shopping
In the last twenty years, online shopping has exceptionally developed globally. This development has happened with an accretion rate of 13 percent. It is equal to sales worth 2.9 trillion dollars. According to the statistics, these figures will reach 4.5 trillion dollars by the end of 2021, and by 2040, 95 percent of shopping will be online. Globally, the share of online shopping is 25 percent of total shopping.
There are 440 million online customers in China only. In terms of sales, the United States is the declared leader of online shopping with more than $9 trillion in sales. These sales figures are three times higher than Japan and four times higher than China.
Just like any other sector of the economy, online shopping has both pros and cons. However, its benefits are much more striking than the disadvantages.
Disadvantages of Online Shopping In Pakistan
First, let us analyze the disadvantages for consumers of online shopping in Pakistan.
Consumers can not touch or examine the products they want to purchase in substance. It becomes difficult for them to scrutinize the characteristics of these products. Resultantly they might acquire inferior products. In this case, consumers are dissatisfied, and there are high chances they will discard such products. It means their money gets wasted.
Furthermore, online shopping makes people concerned since there are various online shopping websites in Pakistan. And the customers of online shopping might see the same products on several websites. Usually, the prices for these items differ, ranging from plausible to prohibitively high-priced. It makes decision-making a bit difficult for the consumer of online shopping in Pakistan.
Advantages of Online Shopping In Pakistan
At the same time, there are so many advantages for people availing themselves of the shopping convenience provided by online shopping stores in Pakistan. Buying from these online shopping stores allows consumers to scrutinize goods and analyzing prices between these online shops.
Online shopping in Pakistan equips customers with a wide range of choices. On these online shopping stores, there is no restriction on physical space. Therefore, an array of diversity for a single item is available. Consumers now have a facility of such websites that perform different comparisons for them, these include price, specs, extra features, deals, and a lot more. With the help of these websites consumers can make more proper decisions to purchase what they like after taking prices, sizes, and designs into consideration.
They may obtain a beautiful dress at a virtual shop at a more affordable price than any brick-and-mortar store. So these online stores now provide freedom to customers. People now have the facility of a huge market where they can purchase the most appropriate item.
Some people prefer online shopping because when the purchased product reaches their address through courier, they consider it as a gift to them from themselves. This feeling is very amusing for such people.
Online shopping saves the time of consumers. We know that life in metropolitan cities is quite busy and fast. These big cities have traffic problems, there are parking issues, too. So online shopping saves the time of consumers. They need not go outside and stuck in traffic or face parking issues. They can purchase their desired products just with a click while remaining at their place. Their purchased items are presented to their doorstep by these online stores in a reasonable time.
We can conclude confidently that online shopping has many advantages for consumers. These stores have become very caring over time. They now present in-demand products for their customers. Consumers have fancied this trend, and online stores have seen healthy growth in their business and revenues. It is above board that online shopping stores are facing cutthroat competition and striving hard to become the ultimate choice of their customers.
Positive Contribution in Economy by Online Shopping Stores
Online shopping in Pakistan is gaining high popularity, and new online stores are coming into the market to cater to this requirement.
New job opportunities are appearing. The living standard of people is progressing.
These online stores are contributing to the economy of Pakistan. This sector of the economy can help in the socio-economic development of Pakistan.
Online shopping stores are contributing to increasing enterprise competitiveness and improving their share in global trade. New manufacturers are emerging to supply products to these online stores.
In conclusion, although online shopping in Pakistan has some unfavorable characteristics, the benefits surmount these.
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