Published On: Thu, Dec 3rd, 2015

The Unbelievable Effects Of Online Shopping On The Business World

Online shopping has become a massive industry in its own right. Each year, more and more people turn to online shopping as a way to purchase goods and services. It’s a simple and quick way to buy the things that you want. Why bother going to the grocery store when you can do your shopping from the comfort of your home?

Online shopIt’s this undeniable simplicity that’s made online shopping so popular. You can do your Christmas shopping while sipping a cup of tea in bed. There’s no fuss, no hassle. No annoying shoppers and no long lines to pay for things.

As a result of its popularity, online shopping has brought some changes to the business world. Some of these are good, some of these are bad – it depends who you’re talking to. But, no one can deny that things are a lot different nowadays, thanks to online shopping.

The biggest change that it’s brought has been the increased number of new businesses. Online shopping has opened up a window for certain businesses to thrive. Online retail stores are now a massive thing. A company like Asos didn’t exist before people started shopping online. Now, though, it’s one of the biggest fashion retailers in the world. Similarly, there are now more courier services than ever before. When people buy things over the internet, there has to be a way for them to receive their goods. There became a huge demand for courier services, so more and more kept popping up. You can’t walk down the street without seeing at least one delivery van driving past.

It’s opened up a window for people that have small business ideas. It’s far cheaper to start an online store than it is to start one in real life. For one, you don’t have to worry about paying for store space. So, some people may not have been able to start their business, had it not been for online shopping.

On the flip side of things, it’s also been responsible for shops closing down. So many people shop online; it means there are fewer people buying things from traditional stores. In 2014, the number of UK high street shops had decreased from the previous year. This is all down to there being fewer people out on the high streets. Instead, they’re at home or shopping on their phone while on the train. The lack of high street shopping means it’s tough for small businesses to thrive. Owning a shop is harder than it’s ever been. Which is why more people are turning to online ventures instead.

Of course, there are certain shops that still do well. The number of coffee shops and restaurants is on the rise. These are two businesses that aren’t going to be negatively affected by online shopping.

So, online shopping has seen a rise in some businesses, but a decrease in high street shops. Depending on what industry you’re in, shopping online can impact you in either a positive or negative way. It’s interesting to wonder where things will go next. I predict we’ll see even more online-only businesses and courier services will boom. Whereas high street shops will continue to decrease slowly.