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Write 5 pages thesis on the topic has the internet shifted power to consumers

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Write 5 pages thesis on the topic has the internet shifted power to consumers. Other types of products are furniture shopping that allows consumers to conveniently make their purchases online without the hassle of actually going to the outlet and placing the orders.

Online shopping is a highly easy and convenient option for consumers. Also, some organizations have the facility of a money-back guarantee if any customer is not satisfied with the actual product and service that has been received by the consumer once the order was placed online. Also, online shopping allows consumers to choose their preferences and customize the product options according to likeness. Dell computers, for example, allow consumers to customize their laptop details, and accordingly, the products for the consumers are formed.

With the advent of the internet, consumers now have a lot of awareness and knowledge about the different varieties and ranges of any certain product. The quality, composition and all other details of the product can be known. The companies that are providing a typical type of product can be known through the internet. This increases the options from which the customers have to make a choice. Market knowledge is known by the consumers and the decisions of the consumers are based upon the knowledge of the market. Before us there was no internet, consumers had to travel physically and then gain knowledge about the market, and that too only a few markets could be studies but now having complete knowledge about the market is not at all a difficult process. As we know that knowledge is power, and consumers are empowered highly with the knowledge that they receive through the browsing of the internet.

Organizations usually develop strong marketing intelligence tools for catering to their customers. This aspect again has empowered consumers strongly via the internet. Consumers, if they get attracted to an advertisement online may click it and then develop interest for buying the product or not.

This shows that organizations need to compete in their marketing intelligence areas so that they can target the consumers and attract them towards their products and services. Consumers usually base their decisions on advertisements that catch their attention and prove their worth in a single glance rather than probing deep down in their details.