How does the globalism trend affect the local storeSolutionA

How does the globalism trend affect the local store?

Solution

As people now a days have an access to global market, the local stores have been affected. Through internet people can have everything on their fingertips. They are buying everything from the comfort of their homes or from their mobile phone with much convenience and are reluctant to go the local stores to buy things.

globalization has also increased competition to the local market. With many seller in the market the buyers have better options to choose from which has resulted in lowering the proce of the local products.