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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In
this
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current trend, online shopping has grown tremendously which is a making all shops in towns and cities to close their business. I totally agree with
this
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statement, in the current essay we will encounter how internet shopping is a threat to physical stores.
To begin
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with, online shopping agents are providing the same goods and quantity in a much lesser value than nearby shops.
This
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is because there are no intermediaries in case of the online market, a user directly goes to the website of the service provider and places the order and gets the product, which makes the cost of the product cheaper compared to shop in the town and cities, as they have to make some margin and
hence
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increase the cost of the product.
For instance
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, mobile phones are comparatively cheaper in online stores than nearby shops.
Also
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, in online shopping users gets ample of discount from the company as they don't have to pay an extra amount to any offline market dealers.
In addition
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to
this
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, in recent time companies directly launch many products exclusively via online and they don't provide
such
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products to the stores in town and cities.
This
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is a major impact for shops as new and latest products are only available in online stores,
thus
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offline stores are not able to match the demand of the public.
For example
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, many latest mobile phones are launched exclusively on the Amazon website which is not available in the shops in local areas.
Thus
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to conclude, as the online market provides a lot of new arrivals and huge discount to the consumers which a shop in the city or town can not offer, people are choosing online shopping rather than offline shopping.
This
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is the major reason why in future physical shops will be closed and everything will be available online
Submitted by v.aadharsh 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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