How Canadians Are Saving Money By Online Shopping : The Saturday Weekend Review #253

Over the past decade, online shopping has drastically re-shaped the retail landscape in Canada, introducing greater savings and more convenience in shopping and helping struggling families make their dollars go as far as possible. With cheap, fast delivery options available and less overhead than traditional retailers, online stores are able to offer much lower prices than their brick-and-mortar counterparts. And as online shopping re-shapes shopping behavior, brands that used to draw most of their profits from traditional outlets are now moving a growing part of their business online to stay competitive — which in turn is expanding the number of options available and keeping costs down. Most shoppers now understand that they can save significant amounts of money by shopping over the Internet, which is why e-commerce is now the fastest-growing segment of the $23-trillion global retail market. However, as more and more retail businesses develop sophisticated online sales strategies, navigating the sheer volume of e-commerce sites has become a challenge in and of itself. This has spurred the rise of a number of online shopping tools and marketplaces that allow Canadians to find the best prices for the products they need without having to spend hours scrolling through different […]

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