Advantages and Disadvantages of online shopping for the retailer

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Advantages and Disadvantages of online shopping for the retailer

Advantages

  • No need to distribute goods to shops.
  • Easy to change products and prices.
  • Only need a web browser, internet connection and a way of paying.
  • Inexpensive.
  • Minimal start  up time and investment needed.
  • Can be set up and run from home.
  • Can be located anywhere,.

Disadvantages

  • Skilled staff needed to develop and run the website.
  • Online payment security is difficult.
  • Need a delivery service.
  • Customers are limited to those who have an internet connection, and to those who can pay electronically.

Evaluation

If the retailer has the skills and staff to run their business online then it is a great thing to do as it can bring in extra business. 

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