Assessment | Technology’s role in the transformation of the retail sector.

Technology’s role in
the transformation of
the retail sector

ROLE OF TECHNOLOGY IN THE DISRUPTION OF THE RETAIL INDUSTRY
• Convenience is one of the
major factor for which the
customers are inclined
towards online shopping
(Harris, Patricia, et al).
• Technology has helped the
customers to get everything
by remaining within the
house
• A single click helps in
getting the desired product
• Variety of products are
available in online shopping
• It becomes easier to compare
the products

INDUSTRIES WHICH HAVE SHAPED THE TRANSFORMATION
• The online shopping
sites tends to disrupt
the retail business.
• The social media
platforms also tends to
play a significant role
in the transformation
of the business
• The first online
shopping site was
established by the
amazon company in 1995
followed by that of the
EBay.

STATISTICAL AND DATA IMPACT OF THE INDUSTRY
• The sales of the e-commerce constitutes
to the ten percent of the total sales
of the U.S by the quarter of the year
2018.
• Studies claims that the about sixty
nine percent of the total population of
the United Arabs have conducted online
shopping for even once.
• Twenty five of the total population of
the Us as and the united states of Arab
have purchased something or the other
form the online networking sites.
• The people belonging belonging to the
region of Korean tends to buy groceries
rather than going to the shops
directly.