Good after noon everyone. My name Is xx xx xxx and I work as an assistant at the Modern Retail Association.
I have been kindly asked to give a speech on the future of retail as well as discuss how retailers can survive and thrive with a world controlled by technology.
It is convenient to shop through e-commerce where you can stay at home while browsing around and doing other important things instead of spending time going out to shop it is clearly an advantage because it is faster and easier to find what you are looking for and you can even very often see if the product you are looking for is in stock or sold out as well as what variants the company offers of the in-demand product..
The preferred e-commerce is a threat and a disadvantage for companies such as the industrial company "bricks and mortar". In my experience, there are many reasons why e-commerce is more popular than physical stores.
This is partly because E-commerce often has a larger product range than what they can offer in the physical stores. This is appealing to consumers because they can often get exactly what they want, and they don't have to settle for an alternative version.