Physical Stores and Locations or Not?
When internet sales began to evolve, many were saying that it would be the “death of many stores”. While we see online businesses thriving and certain physical stores not so well, it does make you wonder if this is true. However, we see new trends like you saw in the videos where Amazon and Alibaba are reinventing the store experience and feel physical stores are integral to retail; and that younger generations are drawn to the shopping mall. But then again, there are companies like Carvana that sell cars without a physical dealership in town (you shop online and the car is delivered or you pick it up).
Discuss where you think we will land in the future of shopping, stores and physical locations or not? 400 WORDS APA
Here are some thought starters: (note: you are not required to answer all of these points, they are there to help start the conversation; feel free to use these points below at your discretion).
- Do we need and desire physical stores?
- Is having a store more critical or needed for certain industries or types of products?
- For online, do we need new delivery models (ways to get the product to its destination)?
- With online not really having any geographical boundaries (like the Carvana example or even Amazon), does this cause issues or is good for business?
APA 400 WORDS