The growth of online shopping will one day lead to all shops in towns and cities closing. Do you agree or disagree?
It is an incipient reality that digital stores are becoming immensely prevalent across the globe and may certainly develop into a peril for local shops to exist. I agree with this notion and will discuss my views below.
Ecommerce portals are strongly based on artificial intelligence, constantly collecting colossal amounts of data every second about inclination of consumers and are bombarding users with a surfeit of choice of products along with price comparisons and real reviews that help the audience make an informed purchase decision. This phenomenon is going to gain momentum in coming days and lure more and more into buying from these webstores, which makes the future of markets look gloomy. Furthermore, the ease of buying from comfort zones with minimal or no efforts is going to go in the favor of such e-portals, as predicted that drained of energy people who also would lack time to visit stores, would chose the former over the latter, thereby depriving shops of their business and forcing them to close
However, as those skeptic of this possibility suggest that there still will be a section, who will be impervious to the new age digital transactions for reasons of cyber security and personalized consumer experience. Irrespective of superlative assurances and guarantees by the E-stores, it will be impossible to eliminate the bespoke, touch and try experience and transactional safety for any kind of merchandise. Also, the traditional familiarity of exploring a range of shops coupled with a leisure getaway would continue to engender people to engage in physical shopping endeavors.
Overall, despite optimism being expressed by the supporters of physical stores that these shall never cease to exist, there is a conspicuous rationale behind the opinion that online shopping will dominate and push markets out of business.
