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

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expeditiously evolving world, there has been a growing trend of purchasing goods via

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eb. It is

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believed by some that

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will eventually lead to

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hutting of brick and mortar stores. I strongly believe in

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assertion and

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essay will discuss the reasons behind

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inclination.

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with, the vital reason for the closure of physical stores in future is that consumers are quite satisfied with the unique shopping experience provided by online sites.

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is because they have wide varieties of shopping options to choose from coupled with fast and reliable delivery channels which makes most of the customers prefer websites over traditional stores.

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, recently, in Bengaluru

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,

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many renowned stores had to shut down because of the change in shopping preferences of customers.

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, given the fact that e-commerce companies have entered into almost every sector, there is a high possibility that retail stores will eventually perish. Another compelling reason that the web giants will succeed over retail shops is that they have a larger capital base and lower overhead cost. These companies have an enormous net worth to afford substantial marketing cost to penetrate the market despite the competition from the stores.

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, Amazon has launched a plethora of drones for initiating faster delivery which would decrease the manpower cost dramatically.

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,

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these companies incur huge capital expenditure, the income generated over a period of time is multifold which makes them market leaders and

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lead to the elimination of the traditional stores. In conclusion, it can be anticipated that web stores will acquire the entire market share in the future because they provide exceptional client service and are efficiently able to reduce overhead expenditure.