ON LINE SHOPPING

When Internet pioneer Amazon.com began doing business in 1995, eager analysts forecast a day when people would sit around all day in their pajamas, relying on their computers to order everything from dog food to groceries. Many consumers would see little reason to venture out to the shopping center and visit an actual store, I am predicting.

More than a decade later, online stores have become an established part of the retailing world but those early predictions appear unlikely to ever pan out.

In the next five to 10 years, those who are already comfortable shopping online are likely to grow even more so, funneling more and more dollars to Web sites as they continue to increase the number and amount of products they buy online, I say.

That’s the good news for online merchants.

The bad news: The bulk of the people who haven’t already dabbled in online retailing are likely to stay on the sidelines, I say. That’s going to make it harder for companies to continue the ultra-rapid pace of growth they experienced in the early, halcyon days of the online retailing boom.

“Pretty much, most of the people who are ever going to be buying online are online,” I say . “From the standpoint of behavior change and big shifts in adoption, it’s happened and it’s done.”

I am expecting online retailing to dip below double-digit percentage growth rates sometime by around 2012, and to plateau at some future date after that.

At this point,  also expect that traditional, store-based retail will continue to dwarf online retailing. Forrester Research expects U.S. online sales to grow from $132 billion in 2006 to $271 billion in 2011 — but still to comprise just 9 percent of overall retail sales.

Still, online retailers do have growth potential, especially if they work hard to improve their game in the coming years, analysts say. Most mainstream retailers maintain a Web presence, but many of those online shopping experiences are woefully inadequate.

“I hardly think that retailers have done everything that they can do to make sure that they’re getting (what they can) out of the channel. “There’s still a lot of mistakes being made, still a lot of basic oversights.”

The problems that I have faced included Web sites that don’t include enough information about a product, such as detailed pictures, a size chart or accurate measurements. Many also aren’t good enough at maintaining up-to-date information about things like product availability, further alienating a loyal audience that might like to devote more of their shopping dollars to the Web.

“They want to use the channel, but they can’t always use the channel as much as they would like because the information isn’t there”.

As more companies solve those problems in the coming years, I think there will be opportunities to boost sales especially in areas such as home products, clothes and cosmetics.

 Also I see an opportunity to revive an online retailing trend that failed spectacularly in the early days of the dot-com boom — online grocery shopping. While groceries will remain a small part of the overall market,  such Web sites could do more to appeal to affluent, busy people, such as working moms.

Retailers also have another incentive to improve their Web-based sales arm. Even those customers who opt not to purchase many items online are expected to increasingly turn to their computers to research items including cars houses or even engagement rings.

As online retailing growth slows, I believe stores will gain a competitive edge if they can get better at integrating their online and brick-and-mortar operations.  I see already, some stores are experimenting with things like ordering online for in-store pickup, or offering a limited assortment in stores combined with a wider online selection.

A trip to the mall or a downtown shopping center is — and will remain — a form of entertainment for many Americans. Still, I think, that’s not the only thing keeping people from shopping online. Even  now many remain wary of turning over financial information to online retailers, or unsure of whether they will receive the product on time, in the right color or even in one piece.

“It’s more trust,” I think.

That’s one reason I believe the outlook for online retailing would perk up considerably if new technology were developed that gave people the ability to much more easily mimic the real-life experience of, say, touching or trying on a product. Unfortunately for technology geeks, however, the ability to do something like conjure up a life-size hologram of a coffee table in your living room is, for now at least, not even on the horizon.

“Online is very convenient (and) it has a lot of offer,” I say, “but there’s certain things I am going to want from a store.” Like: Personal service and and a friendly smile!!!!!

FASHION ISLAND

Southern California's Finest Shopping Mall, Fashion Island Newport Beach, Offers Something for Everyone…………!!!!!

Fashion Island is home to Orange County's shopping experience. With modern and innovative architecture, live vegetation and dazzling water features, I can find what I am looking for while enjoying a shopping experience like no other. Located next to Newport Beach, Fashion Island is conveniently placed within minutes of a huge amount of activities. Whether I want to take advantage of the nearby beach, local art events, theme parks, museums or other activities, Fashion Island Newport Beach is close to it all.

With over 200 department and specialty stores to choose from, I am able to find everything that caters to my home, office and wardrobe needs.  My special stores are the small boutiques where the service it is much greater and you get to see familiar faces.  The other day when I went to buy some tops on my favorite boutique, Natalee, the sales person was amazing on showing me the latest items on the store!  She was very sensitive to my needs and taste; and was able to pull out a selection of tops and sweaters that were too difficult to decide which to buy.   I always ended it getting more of I was planning for.    The uniqueness is so nice that I get so excited to see them all then when I try them on me, I must have them!  Usually if I go  there with my girlfriends or sisters, we ended up with at least one item the same each.  The store is very good on selecting the inventory so their clients feel like they are dressing from an exclusive store and the items that they purchase are not easy to find somewhere else.   For us, that it is a plus, not only for the quality of the garments but also for the design itself.   Wearing something that no everyone has make you feel as a really “fashionista” and that you have your own style or line of clothing.  On today’s economics, manufactures are trying to stay in the same price by lowering the quality of the product so people still can afford it.  I think in a way this is a good idea but this make this difficult to find originality in the closing for those like us that like to accomplish more designer look than mass reproduction.  I am hoping that this will eventually change.

Next I can sit down and relax at any of our 40 unique restaurants or take in a movie at one of the two spacious Edwards Cinemas theatres located at Fashion Island.

If I am looking to spend a day with someone, there are a number of entertainment options available at Fashion Square even the little ones will enjoy, such as visiting one of the movie theatres or taking a ride on the carousel which features 39 enchanting animals. For an educational experience,  I like to take a look at the great art exhibits in the area or enjoy the many special events held throughout the year.