ECommerce is the death knell of the traditional department s

E-Commerce is the death knell of the traditional department store\" - Please discuss the impact of E-Commerce on traditional department stores. You should also discuss the impacts of E-Commerce from the perspective of the consumer and the society both in developed and under-developed countries

Solution

E-commerce is the future of shopping, traditional department stores need to adapt or they will die.

Take for example Walmart, they understood the growing market of online shopping so instead of fighting against it by creating expensive marketing campaigns they went online as well , so you can order most of their products online and will be deliver to your house.

Many businesses have closed due to e-commerce because they haven’t been able to adapt.

As a customer you can purchase millions of products online, you can read the reviews of other customers and take your decision if buy it or not. If you shop at Amazon you will release that Amazon will offer you the product from various vendors and you can choose the one you want based on the price, shipping and handling and overall rate of the vendor.

From the perspective of the customer, you get to buy whatever you want from your house or office, no need to go to the store, you can even do it from your smartphone, saving time and money because when you shop online most of the products are less expensive.

Another plus of e-commerce is that you can shop for products that are not available in your country. You can send it directly to your country using international shipping and paying duties and taxes.

In develop and under developed countries this method is great, new entrepreneurs open their virtual stores and look a market to serve, this generates job positions and every one wins.