Technology and E Commerce in 2020
Document Type:Coursework
Subject Area:Business
(Lubián, np), states that the Internet is diminishing the value of departmental store. With the assistance of the internet, people do not need to visit retail stores to have access to products, and they only need to use their computers to order them online for delivery. That has reduced time and energy consumption by consumers where they make orders online and receive their product at the door. Also, the offline stores are becoming outdated and within the next two decades, online retails will rule the e-commerce marketplaces. Online portals will assist in attracting both existing and unexpected customers who will only rely on online items as the convenience and easier way of accessing options and items. Lastly, social media will be the only place that customers will expect advertisements since people spent most of their time online.
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