Your money. Your way.

Blog

Achieve your financial goals with insightful tips and information

Find funding

Online Shopping: When to and When Not to Shop Online

When should you shop online vs when to shop in person.

Today, many more people shop online than ever before. There are many benefits to shopping online from not having to leave your home and avoiding crowds to leveraging online promotions and saving money. However, there are drawbacks to shopping online as well. Learn more about the benefits and drawbacks of shopping online.

Benefits of Shopping Online

Online shopping was already growing in popularity before the pandemic, but in a year with stay-at-home orders, online shopping was the only option for many consumers across the country. The U.S. is one of the leading e-commerce markets in the world with online shoppers projected to reach 230.5 million in 2021.

There are many reasons for that growth including convenience and price. The advantages of online shopping include:

  • Always open, you can buy any time
  • Not having to leave home
  • Can shop on-the-go
  • Not having to deal with parking
  • No crowds
  • No aggressive sales people
  • No long checkout lines
  • No dressing room lines
  • Easy to comparison shop
  • Can leverage online promotions
  • Access to reviews

Many online retailers can charge less, because they have less overhead than brick-and-mortar locations.

Drawbacks of Online Shopping

While there are many advantages to shopping online, there are drawbacks as well. Some disadvantages to online shopping include:

  • Can’t try on items in person to confirm the right fit
  • Shipping costs
  • Some online retailers charge return fees
  • Can’t confirm quality until you receive the item
  • Delayed shipping times
  • Can be hard to get in touch with customer service
  • Extra charges for gift wrapping

To have the best online shopping experience make sure to read the fine print. Read return policies on your specific item. Read reviews before making a purchase. Comparison shop to secure the best price.

Too much online shopping can lead to high-interest credit card debt. If you need to consolidate credit card debt to pay it off faster a personal loan can help. Get the cash you need in as soon as 24 business hours at BrighterPays.com. Make your request today.

This post is not intended to be a solicitation for a loan. BrighterPays provides these blogs for entertainment and informational purposes only. Remember to consider all your financial options before making any decisions related to credit.