The cost of running an online store is significantly lower than the cost of running an online store. Stores such as Amazon do not store their products but instead have different retailers (who compete against each other) sell their products. Most of these retailers will only have a warehouse with one or two employees. This reduces operating costs trickle down to the price of products such as TVs and Samsung phones.
Online shops are always in competition, and this leads to reduced costs for Sony, Apple and Samsung products, 4K TV sets, and many other gadgets. When you have hundreds of retailers on the same online platform, each one will try to outdo the other, and one way to do that is to lower prices.
During shopping holidays such as Black Friday, all online stores stick to traditions. Black Friday is more gigantic online than it is in brick-and-mortar stores. As such, you can save money to buy your Samsung Galaxy, your iPad, or iPhone during these holidays where there are lots of discounts.
When shopping online, it is easy to compare products and prices. For instance, if you need a specific smart watch or a speaker, you may find different retailers within the same platform sell the products at different prices. Here, you choose the retailer offering the lowest price.
Besides the low prices, online shopping is highly convenient in that goods are delivered to your doorstep. You order what you want, say home security system, at the comfort of your home, which saves you gas you’d otherwise use driving to the store, and then the item is delivered to your door.