Thursday, April 9, 2009

Social Shopping

E-commerce is a part or we can say comes under social shopping, where people use there knowledge to build new and new contacts. One of the main reasons of social shopping to getting famous is that people tend to interact with people more and more so to publicize there products and services in social network. One of the other main reasons that makes the social shopping more interesting is that it makes the gathering of information tough. There are certain social sites which provides or in fact are ready to give the details of there users to various other retails companies that believe in opting for social shopping network.

Social shopping gives both the retailer and the customer a platform where they can either decide whether to go for a deal or not. It also helps the retailer what actual cost will help him gain better profits . Similarly as a customer you get a chance to choose which kind of a product will actually cost you less and what are the different services that the different vendors are providing, hence helps you in many ways.

With the upcoming of social shopping new trends like the concept of “shop together” has been started by many retailer, by upcoming of this we generally come to know about the whole data of the product,like what is the exact cost of this product at wholesale price, also we can come to know what is the product used for,how many people have actually bought the product. Hence social shopping has many advantages and is helpful in many ways. The craze for social shopping is on the rise as social networking gives everybody a chance to interact with other users , gives them the opportunity to discuss about there products features , there terms and conditions and moreover helps them publicize the product.

Social shopping is mostly done online, take an example of “facebook” or “orkut”, where the companies are giving the advertisement of there products socially that too on regular basis. By doing this the number of chances of buying a product by the people rises. Example of social shopping sites are-productwiki, kaboodle etc

Therefore social shopping is defined as the combination of both social media and e-commerce., it includes key points like friends,groups, various discussions, comments etc.

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