As
More Markets Go Online, Checkout Begins Behind the Computer
As technology is becoming an increasingly important part of society, the Internet is becoming an increasingly unavoidable part of business. However, Joe Porricelli Sr, the vice president of the Porricelli food stores, warns retailers that the Internet is still in experimental stages for both shoppers and sellers. Online grocery sales are still very small, making up less than one percent of total supermarket sales in the US in 1999; clearly there is significant potential for growth.
· Consumer’s resistance to change, possibly limiting adoption rates of online services.
· Many consumers don’t like the idea of not being able to touch or see items before purchasing. This presents a challenge to retailers in changing consumer’s perceptions of grocery shopping.
· Privacy issues: some consumers object to using credit cards online. Others are reluctant to use online services because they know that everything they buy is recorded, and in most cases the information is easily accessible to manufacturers.
· Some consumers complain about the limited number of brands available from online stores, and the amount of time it takes to search different categories to place an order.
· Consumer unfamiliarity with technology and frustration with slow modems and computer glitches.
· Integrating the Internet into a business is a major process, requiring considerable investments in both money and time. For example, staff need to be trained to cope with the new technology.
· Online coupons that can be printed our for in-store use.
· There are Internet sites not built around stores, which allow customers to bid on the price they want to pay for groceries which they can get from existing markets.
· Priceline customers can pay for grocery items online with a credit card, and then go to a participating store with a print-out of their order to pick up.
The intangible benefits the Internet can bring to consumers lives are also of importance. For example, some online-grocers strive to make their websites as creative and fun for consumers as possible, in an attempt to ease the stress from people’s lives. Others realise that time is an increasingly finite resource and focus on providing time saving online delivery services.
From the supermarket’s point of view the rise of online grocers is increasing competition within the industry and is even threatening the existence of some companies. “There was a time when you had to worry about a new grocery shop store opening down the road. Now, you have to worry about the grocery stores that are available in people’s homes” (Porricellli).