E-tailing will lead to the end of local retailers

E-tailing will lead to the end of local retailers

Don’t be surprised with the word e-tailing. It is nothing but the other name for e-retailing where people buy the retail products by using electronic media. First it was restricted to the personal computers and laptops but now it is frequently done on the Smartphones. The word e-tailing started to get meaning in late 1990s. It works on the business to consumer model. B2C is an independent business models but a subset of ecommerce. The e-tailing shops are getting popular day by day. Even the online companies are now listed on the stock exchange. It is going on massive scale. Seeing the present scenario, do you think that e-tailing will lead to the end of local retailers?

Yes

• The customers find it easy to use the e-tailing sites to shop that will slowly give place to a wider global market leading to end of local retailers.

• Time is the major problem in today’s world as people might be free but occupied with technology. In such a place, only e-tailing will work.

• Consumers will prefer e-tailing stores as they find it convenient to search the types of goods they want.

• Inflation is rising up and so people think it best to find the best rates on e-tailing websites and save some bucks. Idea is to use the price discrimination effectively.

• e-tailing websites are updated quickly, so the new products get available quickly. It makes buyers prefer e-tailing over local retailers.

No

• No matter what, people cannot get the joy and happiness they get when they shop with local retailers.

• E-tailing has to solve many problems linked with the use of the personal data when people shop. Recently, eBay site was attacked by illegal elements.

• People will prefer to shop from local retailers as the graphic representation cannot take the place of live samples.

• E-tailing stores need a complete knowledge about how to use the technology to develop the business. Everyone has not got the technical expertise to enter into e-tailing world.

• E-tailing is linked with the other major problems including the use of the digital products and delivery of the products.

• Local retailers are always going to stay as all the people are not tech savvy. Moreover, there are people who just love to hop around.

Conclusion

There are many benefits e-tailing offers to the customers. It is in the form of more flexible transactions in terms of time, price and convenience. Moreover, it suits the modern lifestyle of people. In fact, the big brands now launch their products first online and then opt for local retailers. The trend is specially getting popular in electronics and mobile market. After all no one will want to miss out the dynamic pricing benefits. The e-tailing world is growing but it doesn’t means that it is the end of local retailers. If people buy one thing from e-tailing websites they buy other five things from local retailers. It might affect the business to some extent but can never prove fatal to the local retailers.