Onliene Retailing

Question 1

Advantages of online retailing

Answer 1

Open 24/7
Reach global markets
Lower costs -no shops
Flexible-owner anywhere
Easy to keep up with dynamic market tastes

Question 2

Disadvantages

Answer 2

Customers prefer shop experience -better service in store
Try products before buying-if not could result in returning
Very competitive
Cost of website
Problems with fraud