More and more individuals do online shopping In this upcoming pragraphs I will disuss individuals use more online spopping than offline and what are the effect of internet Shopping on Stores and communities.
To commence with, nowadays individuds prefer more online shopping than offline Shopping because it saves time, To explain it more, in the modern time every one have busy lifestyle and in online shopping individuals did not need to spend time and money on travel as well as, the availability of all of things on apps like naptol, amazon, Flipkart in these online shopping apps individuals get many discounts because many producers directly sells their product without the help of intermidate that reduce the price of product as a result, online shopping platform can Save money as well as time. for example, a article was published In the times Stated that due to 80% discount in online Shopping in 2019 the percentage Increased by 75%.
However, due to more and more online shopping lead threat for shops owner. To elaborate, the product sold by retailers are high cost compare to online platform because the profit of wholesaller are included In the price of product and the retailer is also include thier margin that’s why final cost of product is high in Shops and customer rather than purchase same product by retailers the prefer to buy it from online platform as the same product is available cheaper due to this, the shops owner con’t face the Compitation. For example, to open wallmart in US more than 2 Lakh shopowner lost their business.
To conclude, individual prefer more online Shopping because it can save time and money but due to this the small shops owner’s Can’t Survive in this compitative market.