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Online shopping guide – How to shop smartly

Alexandru Marginean

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Online shopping has taken the world by storm. Whether it is clothing, footwear, or food, we heavily rely on our devices to get us what we want. A significant benefit of online shopping is that you can shop whenever you want to. Even if it is midnight, you can place an order for that concert ticket you absolutely need.

The convenience and comfort of online shopping drive consumer behavior in favor of the ecommerce industry.

The way the world shops has evolved. More and more people are bypassing brick and mortar stores in favor of online ones. According to Statista, the immense growth in the ecommerce industry has aided the industry in accumulating revenues of more than $2.8 trillion in 2018. This figure is also bound to grow as more digital natives approach adulthood.

However, there is one source of concern. There are many scammers and threats looming online. While people shop online for different reasons, the necessity to shop smartly stays constant. With a little effort, consumers can ensure their shopping experience is secure.

Here is how you can ensure your online shopping experience is safe and smart.

Use trusted sites

Firstly, always make sure you are shopping from a reputable online store. A little research never hurts and can potentially save you from getting ripped off. If you are ordering from the official website of a big ecommerce giant, you can relax. But if you are ordering from a fishy new site, perform due diligence.

Shopping from a trustworthy site reduces the chances of getting exploited. Moreover, online stores should exercise transparency and allow product reviews. That brings us to the next step.

Read product reviews

On sites like eBay and Amazon, a multitude of products is listed. How would you know which products are worth buying? Reviews can help in the decision-making process. Too many one-star reviews are a red flag and indicate that you should not make such a risky purchase. On the other hand, numerous five-star reviews suggest that the product is worth a go.

Always be on the safe side and check the product reviews before finalizing a purchase. Never waste money.

If you don’t need it, don’t buy it

Respecting your financial resources will go a long way. Did you know that the average US consumer annually spends $5,400 on impulse purchases? Online shopping is tempting, and that is why you should keep a constant check on yourself. Before you finalize a purchase, you should ask yourself whether or not you need every single item that is in your cart.

If you don’t need an item, you shouldn’t buy it. There is no point in spending more than you actually need to.

Respect your budget

When you respect your wallet, great things will happen in your life. You will be able to take that vacation you always wanted to, or buy that car you admire. Nothing is difficult if you put your mind to it.

Even wearing great fashion on a budget isn’t impossible. You can find reasonably priced leather jackets in New York or California easily. Additionally, you can even compare the prices of specific items and choose the one which is the most reasonable. Perhaps you can wait for an online sale or use a promo code. Care about your financial resources and life will become a breeze.

Never compromise on security

Shopping on a site without a valid SSL certificate is a bad idea. An SSL certificate or a ‘Secure Sockets Layer’ encrypts and secures sensitive data that could otherwise be misused in the wrong hands. Scammers need a single chance to get hold of passwords or credit card numbers.

Online scammers use critical pieces of personal information to impersonate individuals and extract cash through credit cards and loans. According to Norton Lifelock Cyber Safety Report, over 118 million people belonging to sixteen different countries were found to be victims of identity theft in 2018. The least we can do is to ensure that we are protected from this avoidable scam. Make it a point never to share personal information on a site that isn’t secure.

Have a strong password

Being careless puts you at risk. So you should never compromise on the strength of your password. This quick-fix will help you stay safe during your online shopping spree. Instead of allowing anyone to intrude in your id and meddle with your private information, you should be secure.

In this decade, there is no excuse to have a weak password.

Know the shipping and return policy

Being more informed about the policies of the store helps in making the right decision. According to a recent survey, 77% of the respondents reported that they abandoned an online purchase due to negative shipping experience. So individuals can save themselves from unnecessary heartbreak if they read the shipping and return policy before filling the cart.

The more informed you are, the better it is for you for a good shopping experience. However, you should make sure your information is safe.

Protect yourself against malware

Pervasive malware programs can potentially steal your passwords and target sensitive data like credit card numbers. In the first half of 2019, there has been a 60% increase in the number of victims of malicious software. With respect to the realities of the internet today, preventive action is a must.

You should never ignore the danger of malware. Before shopping online, make sure the device you are using has an active and efficient antivirus. Browser-based vulnerabilities are the most exploited. Therefore, don’t permit your browser to automatically use its password-saving features. Use a reputable password manager instead.

Don’t divulge unnecessary details

A reputable ecommerce site will never ask you for your social security number. Be careful when you see a website asking you for fishy information. The odds are that such a place is not worth shopping from anyway. Always trust your gut feeling and abandon the cart right away.

Identity theft is rampant, so you should do your best to protect your information. Always use your internet when you shop online instead of relying on a public network. Divulging more than you need to will lead to dire consequences.

Final thoughts

There is a plethora of ecommerce sites that you can use to purchase what you want. However, shopping online is not for the faint-hearted. Buy from reputable websites that have a valid SSL certificate and be respectful of your financial resources. Cybercrime is abundant. So a little research can help you become a smarter consumer and save you from unnecessary losses. Whether you are shopping online for a cool jacket or a pair of sneakers, be vigilant.

 

Author Bio:

About Ashley Rosa: Ashley Rosa is a freelance writer and blogger. As writing is her passion that why she loves to write articles related to the latest trends in technology and sometimes on health-tech as well.  She is crazy about chocolates. You can find her at twitter: @ashrosa2.

 

Artificial Intelligence

The Use of Artificial Intelligence by Startups and SMEs panel discussion moderated by Dr. Robert Skalina (WH Partners) at TCE2019 Prague

Zoltán Tűndik

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Leading law expert and tech compliance advisor to moderate the AI-related panel discussion at PICANTE TECH Conference Europe 2019.

 

The future is almost here and there are more and more talks about AI being a key part of our daily life. But, it seems we are not quite there yet as most of the services that are available are not the real independent AI which is feared by many doomsday preachers.

At PICANTE TECH Conference Europe (TCE2019), which will take place in Prague on the 3rd of September at Vienna House Andel’s Prague, we have put together an artificial intelligence-related panel discussion which will highlight some of the most recent topics that are discussed in the sphere and can benefit many in the upcoming period.

The panel discussion will be joined by Andjela Todorovic (Software Engineering Intern at Cubic Corporation), Jiří Třečák (CEO at Supernova), Aleksander Kijek (Chief Product Officer at Nethone) and last but not least, Vojtech Chloupek (Partner at Bird & Bird).

The futuristic thinking panel discussion will be moderated by Dr. Robert Skalina, Senior Advisor at WH Partners.

REGISTER HERE to secure your seat!

About Dr. Robert Skalina

Robert Skalina is a Czech Advocate as well as a Registered European Lawyer in Malta. He is based in Prague and works in Malta regularly.

He is financial services and corporate lawyer and provides advice to a wide range of investment managers, advisors and funds, including private equity and hedge funds. Robert also regularly advises clients in the gaming/gambling industries and has vast experience in the area of mergers and acquisitions and complex cross border transactions.

Robert has previously held the position of head of legal of a London based investment advisor active throughout the EMEA region. Prior to that, he served as legal counsel for the largest retail bank in the Czech Republic.

Robert graduated with an LLM cum laude from the London School of Economics. He holds a Master of Laws degree from the Charles University in Prague. He provides advice in English, Czech and Slovak.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

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Fintech

The Rise of Fintech in Europe (panel discussion) will be moderated by Simon McDermott (TECH.eu) at TCE2019 Prague

Zoltán Tűndik

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TECH.eu’s Business Development Director to take on the role of moderator for the Fintech-related panel discussion at PICANTE TECH Conference Europe 2019.

 

As mentioned in earlier press releases and news pieces, Fintech has been and is among the key trending subjects in Europe and also worldwide when it comes to technological developments.

There have been several Fintech unicorns coming out from Europe and these come under the form of TransferWise, Revolut, Monzo and Klarna.

The global Fintech investments have peaked at 35.16 billion EUR in 2018 and it is predicted that in 2019 the number will keep growing.

At PICANTE TECH Conference Europe (TCE2019), which will take place in Prague on the 3rd of September at Vienna House Andel’s Prague, we have put together a mega panel of experts which consists of experts in the field of Fintech.

The panel discussion will be joined by Jean Paul Fabri, Managing Director of ARQ Economic & Business Intelligence, Jakub Hytka, Senior Manager at EY, Andrei Cosma, Senior Associate at Simion & Baciu and Petr Ložek, Head of CEE Technology Consulting at PwC.

Such a seeded panel discussion needs a bright mind in order to work, and this is why we have invited Simon McDermott, Business Development Director at TECH.eu, to moderate the panel.

REGISTER HERE to secure your seat!

About Simon McDermott

Simon’s career as a business developer began with tech monsters Cisco Systems and then Intel Corp. Later, Simon co-founded Attentio, a pioneer in social media analytics and ever since than have worked with software start-ups and scale-ups helping them define go-to-market strategies and executing on that.

With tech.eu, Simon moderates panels, takes on the role of master of ceremonies at fireside chats for major technology events and explain their value proposition to corporate clients.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

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Artificial Intelligence

Artificial Solutions Wipes the Board with Four Podium Positions in Stevie 2019 International Business Awards Including Most Innovative Tech Company of the Year

Vlad Poptamas

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Photo source: aithority.com
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Artificial Solutions® (www.artificial-solutions.com), the leading specialist in enterprise-strength Conversational AI, announced today it has won awards in four Stevie® 2019 International Business Awards that were announced earlier today. The company was a Silver Stevie Winner in the prestigious Most Innovative Tech Company of the Year, Software Development Solution of the Year, and Artificial Intelligence/Machine Learning Solution of the Year. It was also a Bronze Stevie Winner in the IoT Analytics Solution category of the Awards.

The Stevie Awards are the world’s premier business awards. They were created in 2002 to honor and generate public recognition of the achievements and positive contributions of organizations and working professionals worldwide. In short order the Stevie has become one of the world’s most coveted prizes. The International Business Awards® (IBA) are open to all organizations worldwide: large and small, public and private, for-profit and non profit and attracted over 4000 entries.

“Recognition in any award is an honor. To win four International Stevies in four key tech-categories, including the highly contested Most Innovative Tech Company of the Year is amazing and a massive endorsement of the whole team at Artificial Solutions who have worked so hard to make Teneo an industry-leading solution,” comments Andy Peart, CMSO of Artificial Solutions.

Stevie Award winners were determined by the average scores of more than 250 executives worldwide who participated in the judging process from May through early August.

Most Innovative Tech Company of the Year recognizes overall achievement in product innovation. Artificial Solutions entry included the wide range of advanced enhancements made to Teneo in the last 12 months that has raised the bar for other conversational AI platforms. Judges commented that Teneo’s hybrid approach and broad support linguistic and lexical factors is truly impressive and that the company really streamlines the digital transformation journey using the sophisticated AI platform.

Teneo Developers, launched earlier this year, was honored for the best tool or resources for designing, creating or testing software applications. Judges for the Software Development Solution category commented that Visual UI platform to solve the problem of conversational UI is interesting. The problem being solved here could have very high returns.

Teneo’s revolutionary hybrid approach was awarded in the Artificial Intelligence/ Machine Learning category that recognizes solutions that enable computer-based systems to exhibit intelligent behavior in complex situations to solve problems, communicate with people, and perceive and interact with the physical world. Judges commented: Very impressed with how they combined classical ML with advanced NLP. Their use cases are great, and they managed to solve real and practical problems for companies.

The IoT Analytics Solution category recognized Teneo as one of the best applications for measuring and transforming Internet of Things (IoT) data into business intelligence. Judges commented that it showed Innovative use of cutting-edge technology and was a feature rich analytics solution while adhering data privacy laws.

The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2019 IBAs received entries from organizations in 74 nations and territories.

Nicknamed the Stevies for the Greek word for “crowned,” the awards will be presented to winners at a gala awards banquet at the ANDAZ Hotel am Belvedere, Vienna, Austria on 19 October.

 

SOURCE Artificial Solutions International AB

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