Why is it cheaper to buy watch from an online watch shop?

in #shopping7 years ago

For the past, few decades the use of the Internet for shopping purposes has been rising exponentially fast. Nowadays almost everything can be done using mobile internet facility which has enhanced the overall shopping experience.

Purchasing merchandise like gorgeous watches from online stores is no longer unusual. Even though people still visit retail stores physically but the online markets are undeniably a fast-growing economy. Purchasing watches from online stores like other products is definitely hassle-free and more economical.

Reasons for buying watches from online stores
One might be faced with the dilemma while deciding to acquire a quality watch that whether he/she should visit the nearest stores or use a click to view numerous watches uploaded in online shops. To resolve that dilemma one should review the following points regarding the advantages of purchasing watches online.

The product is cost effective
People are often misled into thinking that retail shops give huge discounts that cannot be offered by online shopping sites. This misconception needs to be clarified. Watches that are available online can be sold directly by the manufacturer to the customers whereas in retail shops the product travels from one hand to the other before it reaches the customer. In this way watches sold at retail shops are priced higher than watches sold directly by the manufacturing company through the online market. The direct dealing between the purchaser and the seller/manufacturer cuts down the cost of the product considerably which accounts for the discounted rate.

Competition decreases the cost
In case of retail shops the competition is within a particular locale where in the same area there can be two or three shops selling watches; sometimes there is also no competition as there is only one shop but online shops have to compete with innumerable other online stores featuring different brands and for that reason watches are cheaper online because each merchant wants to sell more products and it is a common trend that shoppers prefer discounts and look for lower prices.

Lower rates due to quick comparisons
While physically visiting a shop for buying a watch one can compare prices only after visiting each shop separately and then to facilitate proper comparison one has to note down the prices of different brands which is an added burden. The rate of watches in normal stores is higher because the sellers know that it is not possible for all customers to make price comparisons efficiently by visiting all the shops in the vicinity.

But in the case of online stores the manufacture/seller knows that any potential customer can browse through a variety of watches and compare their prices with just one click and can even save that data for future reference. The customer gets an efficient and quick result of the price comparison and can definitely select the store which offers the best price.
Thus, watches available online are cheaper compared to their counterparts available in retail shops.

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