The growth of online shopping will one day lead to all shops in towns and cities closing. Do you agree or disagree ?

In
this
technological world, E-Commerce has taken the world by storm. Some people opine that
this
issue could lead to millions of local shops in markets shutting their operations due to lack of demand. I agree with the statement and will attempt to justify
this
concern with an apt example. Nowadays, people are shifting to online E-commerce websites for essential as well as non-essential shopping.
For Instance
, while earlier, citizens would visit markets to buy daily groceries, fresh ingredients are delivered through professional services at their door-step.
This
cause has many reasons.
Nevertheless
, online shopping is cheaper than buying locally as these companies do not have to invest in large infrastructures and pay an exorbitant amount of rent.
Moreover
, with the introduction of same-day delivery, it has become convenient and time-saving for the citizens who require items instantly.
Also
, there are various deals through shopping online which encourage consumers to buy more than they require.
Furthermore
, The growth of online shipping websites has had a detrimental impact on the local markets. To start with, a lot of shop-owners are incurring problems selling the unsold inventory,
therefore
, finding it hard to shell out a huge amount of rent for their shops. It has
also
led to a decline of local craftmanship due to negligible demand for high-priced quality products, which have been substituted by low-quality and low-priced products with additional online discounts. To conclude, I accord with the theory of the diminishing effect of local shops and markets due to the elevating demand for E-Commerce goods and services which has resulted in a disbalance of income between the wealthy owners of websites and the poor owners of local shops, markets and shopping complexes.
Submitted by kartikrakeshchopra on

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Topic Vocabulary:
  • e-commerce
  • brick-and-mortar
  • physical stores
  • online retailers
  • retail apocalypse
  • digital economy
  • consumer behavior
  • sustainability
  • commercial landscape
  • high-street
  • consumer trends
  • augmented reality
  • showrooms
  • carbon footprint
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