Please give me a summary of the following text of no more than 100 words: “Online shopping has grown significantly in recent years, and is an integral part of our modern society. Consumers have become increasingly accustomed to the idea of ​​buying products and services online, and businesses are gaining an increasingly important presence in the digital world.
With the increase in online shopping, it is natural that consumers who shop online have also increased. As it stands in 2023, the number of “digital shoppers” is estimated at 2.64 billion. This constitutes 33.3% of the world population. In other words, one in three people you see around you is an online shopper.
The number of online shoppers has been increasing in recent years. In 2023, there are 80 million more digital shoppers than in 2022 — a 3.1% year-over-year increase. Given the upward trend, the potential for an e-commerce store is huge. A deeper look into these e-commerce statistics would help budding e-commerce store owners better understand the direction of online shopping.
Understandably, along with the increase in online shopping, there is also a significant increase in online stores. The appearance of e-shops has been a major revolution in the world of commerce in recent years. With the growth of the internet and easy access to e-commerce, customers can now purchase products from any part of the world with just a click.
Especially after the Covid-19 pandemic, the number of e-shops increased significantly. Consumers found themselves increasingly choosing to shop online as they had to limit their travel and avoid gatherings in physical stores. 62% of consumers now make more purchases online than before the pandemic.
In addition, in the Covid-19 pandemic, a significant change in consumer behavior was observed with forced removal from stores due to measures to avoid the spread of the virus. Shopping for food and essentials has gone online to a large extent, accelerating the growth of e-shops and online shopping platforms. Therefore, consumers now have the possibility to buy even the most basic goods with greater ease and from their home, without the need to visit physical stores. This trend shows that the success of e-shops is not only limited to high-tech items and luxury products, but also to basic product categories that concern everyday consumer needs.
However, e-shops are not necessarily only a positive phenomenon, as their development has also led to some challenges. One of them is the increase in fraud and unwanted activities in e-shops, such as fake websites and credit card fraud. Another challenge is increasing competitiveness as more and more businesses move to the digital environment and look for ways to acquire customers and increase revenue.
Due to the above, this change in the way of shopping raised the issue of data security and protecting consumers from all these scams. Following this, e-shops must be aware of and comply with the various legal frameworks that exist, such as the EU General Data Protection Regulation (GDPR) and copyright regulations. In addition, they must ensure that product deliveries are safe and provide the necessary support to consumers for any problems that may arise.
Overall, e-shops have changed the way we buy and consume everyday goods. This has given consumers greater convenience and flexibility, but has also created new challenges for consumer safety and protection. For this reason, it is important to have a good legal framework for e-shops that will ensure that consumers have full confidence in their purchases. Consumers must be able to trust e-shops, feel secure that they will receive their products in the best possible condition and that their personal information will be protected.
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