New technologies and ways of buying and selling are transforming the lives of consumers.

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It is undeniable that technology has changed many aspects of human life. The course of purchasing things has been affected too, involving the use of new technological breakthroughs
such
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as the internet. In
this
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essay, I will explain the impact of technology on commerce.
First
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of all, in order to save time, people prefer using e-commerce for buying all kinds of things. Time has become a treasure in
this
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hard-working world and going to purchase is no longer an option.
For example
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, there are some applications that allow purchasing essential goods bringing them in front of our houses, without expending a lot of time in the supermarket making long lines.
Moreover
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, e-commerce has impacted reducing the prices of goods and services. The companies are looking for the optimization of their costs avoiding high expenditures in the rent of commercial places. As a consequence,
this
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measure has impacted positively the prices of the products. To illustrate
this
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, in the past some companies
such
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as travel agencies usually have big spaces to receive customers. Currently, most of those companies have become virtual stores.
As a result
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, now their prices are cheaper than in previous years.
Furthermore
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, the internet makes it easier and faster to find out items in all categories. The online market offers a huge range of goods and services doing just one click.
For instance
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, searching engines like google permits us to find a huge range of outputs in any place around the world.
This
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is not possible in a traditional way of purchase that has a reduced offer. To sum up, new technologies not only have changed many aspects of human life but
also
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have changed the way of doing things that in a traditional way couldn’t be better.
Submitted by Andrea Barreto on

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Topic Vocabulary:
  • transforming
  • consumers
  • buying and selling
  • new technologies
  • revolutionized
  • consumer experience
  • e-commerce
  • convenience
  • range of options
  • mobile payment systems
  • transactions
  • challenges
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