The analysts forecast the online apparel, footwear, and accessories market in the US to grow at a CAGR of 16.17% during the period 2018-2023.
Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product’s availability and pricing at different e-retailers. As of 2016, customers can shop online using a range of different computers and devices, including desktop computers, laptops, tablet computers, and smartphones.
An online shop evokes the physical analogy of buying products or services at a regular “bricks-and-mortar” retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from other businesses, the process is called business-to-business (B2B) online shopping. A typical online store enables the customer to browse the firm’s range of products and services, view photos or images of the products, along with information about the product specifications, features and prices.
Online stores typically enable shoppers to use “search” features to find specific models, brands or items. Online customers must have access to the Internet and a valid method of payment in order to complete a transaction, such as a credit card, an Interac-enabled debit card, or a service such as PayPal. For physical products (e.g., paperback books or clothes), the e-tailer ships the products to the customer; for digital products, such as digital audio files of songs or software, the e-tailer typically sends the file to the customer over the Internet.
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The report also profiles some of the major players functioning in the Global Online On-Demand Food Delivery Services Market, on the basis of various factors such as the company overview, revenue, product offering (s), key development (s), business strategies, Porter’s five forces analysis, and SWOT analysis. Some of the major players profiled in this report include Amazon, Gap, J. C. Penny, Macy’s, Sears, Walmart, Academy Sports + Outdoors, Amway Global, ATG Stores.com, Backcountry.com, Best Buy, Blue Nile, Cabela’s, Costco, CustomInk, Daniel Smith, Dell, Eastern Mountain Sports, E-Bay, Factory Green, Groupon, Ideel, Kroger, Target
The availability of a wide variety of merchandise, price comparison features, and extended applications to check with friends about a new purchase, alongside consumer engagement initiatives on social media platforms, have favored the demand for online retailing in the US. Apparel, footwear, and accessories have also gained online traction, as they are relatively small-ticket items and have low perceived risk related to product delivery and returns. Online retailers gain due to the prevailing internet penetration rate and consumers’ comfort while transacting online. Moreover, the growing use of smart digital gadgets such as tablets and smartphones enable consumers to ease their online shopping experiences.
Online On-Demand Food Delivery Services Market Segmentation
The Online On-Demand Food Delivery Services market is segmented based on Application & product type. Product Type Segmentation (Apparel, Footwear, Accessories), Industry Segmentation (PCs, Smartphones, Tablets), Channel (Direct Sales, Distributor) Segmentation
Based on geographies Online On-Demand Food Delivery Services market has been analyzed as:
North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC)
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