Good to see Good to shop But becareful don't get con.

Thursday, January 15, 2009 Y 6:45 AM

Reflections

Jingxia’s Reflection
Blog shops are getting more and more popular in today’s society. It is a good way for young people to enter into real business industry, also to show their passion in entrepreneurship with a little amount of capital. However, they are facing some problems encountered to blog shops. Such as online transaction safety, blogger ethics, integrity, etc. To run a successful blog shop, the owners should first satisfy the customers with needs, build good relationships with customers and be sure that they give right information on their products. The owners should make sure that the website is protected with software that flight against virus and hackers and make sure that the customer identities are well kept in the database.

Products online are usually cheaper than in physical stores because blog shops help reducing the cost. However, unlike physical stores, customers only know the products through the information given by the owners, customers and owners do not meet each other. This makes cheating and misunderstanding easier. Both customers and owners must play fair, honest and keep to whatever agreement made between them. Those are the basic ethical issues for blog shops to gain a good reputation.

From the project, I learnt that it is never easy to run a business, as we have to watch out for so many things. We need to have knowledge of different fields in order to protect ourselves from unnecessary troubles. Bottom line: Do business with heart not just brain, be fair and ethical.


Yingxuan’s reflection
After doing this assignment, I realize that there are more ethical issues involving online blog shops than I had known before. Although there are countless benefits of online shopping, it can create a thorny situation when the process goes poorly. Most large online retailers are inventing new ways to make fraud more difficult. However, the criminals are constantly responding to these developments with new ways to manipulate the system. Therefore, it is more advisable for online shoppers and sellers to be aware of the most current technology and scams to fully protect your finances.

Another difficulty I discovered during the course of this project when dealing with online shopping is the delivery of the products. Most companies offer shipping insurance in case the product is lost or damaged. However, if the buyer opts not to purchase insurance on their products, they are generally out of luck. Some shipping companies will offer refunds or compensation for the damage, but it is up to their discretion if this were to happen. Therefore, it is important to realize that once the product leaves the hands of the sellers, they have no responsibility.

As such, we can deduce that no matter what form of ways we use to start a business, there will always be pros and cons to it. Therefore, be it buyers and sellers, it is always advisable to understand who and what we are dealing with in order to safeguard ourselves.

Lebbillie’s Reflection
Through this project, I have increased my knowledge on Blogshop and its ethical issues. Right now, the blogshop “industry” in Singapore is growing, especially among the youths. More and more people are shopping online. Though blogshop seems to be a causal way of purchasing things, we are actually entering into a legal binding contract once we confirm the order. Therefore, we got to be careful not to breach the contract.

As the demand is high, some buyers will take advantage of the situation and cheat the seller to gain money, vice versa. Moreover, as transactions are taken place virtually, one’s identity can be hidden easily. This makes it easier for one to behave unethically.

However, I have learnt several ways to prevent you from getting cheated. I feel that the most important way for buyers to protect themselves is to always be careful in which blogshop they are visiting. Buyers should check the blogs’ reputation before purchasing. As for sellers, I feel that they should do constant check on their transactions with the bank before posting out their goods or giving a refund. By taking precautions, we have reduced the chance for one to cheat.

Finally, I believe that honesty is the best policy. Every one of us should act with integrity. This would allow more people to trust online shopping and make it an enjoyable process.