Why the Growth of Online Shopping Will Not Lead to the Demise of Brick-and-Mortar Stores
The number of online shoppers has steadily grown over the last two decades. In addition to saving time, online shopping is immensely convenient—all a customer must do is log-on to a retailer’s website, select the items in which he or she is interested, make payment, and voila! The items will be delivered without the shopper ever leaving the house, or even the bed. Why then would someone go to a physical store to queue, fight the traffic coming back home, and waste valuable time when a better way to shop is readily available thanks to the internet and ecommerce apps? The death of in-store shopping is nigh, right? Wrong. While it is true that ecommerce and online shopping have impacted physical shopping, with some brick-and-mortar entities being pushed out of business, it should be noted that online shopping will not completely bring about the demise of the ‘few’ remaining physical stores. Comment by Andrew J Ogilvie: Delivered without home…or delivered to the shopper’s home Comment by Andrew J Ogilvie: Kinda confusing Comment by Andrew J Ogilvie: Big sentence with a lot of ideas…maybe break up? Comment by Andrew J Ogilvie: These become plural and so it takes a plural verb (have)… http://www.quickanddirtytips.com/education/grammar/compound-subjects
In fact, the exact opposite is occurring. While massive retailers like Amazon have been influential in phasing out “main street” type establishments, that trend was already taking place with the likes of Wal-Mart and its effect on physical retail locations. Perhaps more tellingly, Amazon has recently opened its first brick-and-mortar store. Amazon opening a physical store is probably one of the most significant signs that brick-and-mortar will not go away. Consumers want personalized service in some shopping situations, even if they combine their brick-and-mortar or in-person experiences with shopping online. The reasons why consumers will still use, or in some cases even prefer, shopping in brick-and-mortar settings is they want to touch, feel, or try on a product. Most retailers like Amazon are also learning that they need both a brick-and-mortar presence as well as an online one to truly remain competitive in the long run. Comment by Andrew J Ogilvie: Of what? If you look at the previous sentence it could almost read as “the opposite of not completely taking over” which would read as “Taking over” Comment by Andrew J Ogilvie: Word choice?
As many experts point out, approximately 85% of all retail sales still occur in stores. The major retailers from TJ Maxx to Target are synchronizing but also segregating...
The ability to create a more effective knowledge management and learning system is more important than just creating an online store and populating it with products, which is a key lessons learned through much of the analysis for this report (Molla, Heeks, 2007). The internationalization of e-commerce then is the antithesis of one-size-fits all; it is rather the ability to tailor e-commerce strategies with accuracy and precision to the
E-Commerce and Business Process E-Commerce Defined E- commerce as modern business methodology Characteristics of internet and traditional markets Benefits of E-commerce Critical Success Factors of E-commerce E-commerce applications Types of E-commerce business models Security and legal issues Apple Company and E-commerce Business and E-Commerce Implementation of E-commerce Conventional market approach vs. modern market approach E-Commerce Applications Types of E-Commerce models E- commerce defined: E-commerce is broadly described as "utilizing online sources as well as tools to perform business in a far better way - more effectively
E-Commerce Information Systems The situation facing one insurance company is that growth is good, so good the company is expanding rapidly and needs to implement a database system to store client details and general information, to be accessed by other employees as needed. The knowledge held within the company is currently divided between existing paper-based systems, the computer systems, and members of the staff. The company at this time has 4
The crux of this challenge however is the distribution and fulfillment system, an area Amazon.com for example had streamlined for low-quantity orders before ever launching their website and online store. This equates to what Elberse and Oberholzer-Gee (2006) mention as the ability of online retailers to in effect feed the creation of long-tail markets by representing thousands of products online and fulfilling them through synchronized order management and supply
E-Commerce and Internet E-commerce Brief overview of the business The business that requires a website is a local food store called People's Food Community that sells organic products and buys produce from the local farmers. This business is local in every sense and they cater to people who are health-conscious and support local farming and community. They have their own deli, bakery and salad bar that is popular among a good section of
E-Commerce and Business Technology In reading the text readings for this week, what one deep concept (contained within a paragraph not a page) interested you most which was relatively new information to you. How will it be helpful to you in your career? Tell us in a 3 to 4 paragraph essay with a cite of the idea in the text plus a cite of an additional source on the topic
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