logo

Assignment on The Future of Retail Store

4 Pages710 Words39 Views
   

Added on  2020-04-01

Assignment on The Future of Retail Store

   Added on 2020-04-01

ShareRelated Documents
The Future of Retail StoreName of StudentName of UniversityDate
Assignment on The Future of Retail Store_1
A retail store is a small business store which can handle a small volume of goods. This kind of store is rapidly growing everywhere. Since the retail stores are situated in most places, they are known to attract many customers and could be considered the backbone of the business economy (Loudenback & Kelley, 2013). The retail store usually deals with purchaseand distribution of products to the customers. Business analysts believe that internet options will enable retail businesses to reach many customers. This is possible with online operations where customers can access the stores online and do their purchases in the same manner. The future of retail stores is therefore seen to be inclining towards online operations (Jain & Jain, 2012). It is estimated that in few years to come, online selling and buying will become a normal activity that would be practiced by many people. The operation of an online store is simple, safe, safe and affordable because one does not need a complicated physical store that would be visited by the customers. However, the main challenge is transporting the product to the physical location of the customer. Benefits of operating an online storeIt is believed that this kind of digitizing business provides competitive and convenience pricing of goods. Online shopping also provides a chance to interact socially with other sellers and buyers online. In this way, many people come together through a platform that brings a huge number of people together. Although the capacity of retail shops is minimal, online shopping would publish their existence to the whole world (Jenster & Hover, 2014). It also provides the opportunity to conduct online marketing which is somehow less expensive as compared to the other form of marketing that requires the physical
Assignment on The Future of Retail Store_2

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Comparison Between Physical Stores and Online Shopping- Report
|6
|784
|224

Online Shopping in Australia - PDF
|16
|4704
|53

ERetailing EMarketing Case Study: Alibaba's New Retail Experience and Future of Supermarkets
|12
|4227
|361

Research and Decision Making.
|12
|3697
|4

e-Commerce Future Assignment PDF
|13
|3088
|140

Foundations of Marketing | Assignment
|5
|1053
|17