Today's online shop
Times are changing fast, no one can avoid it, earlier I was going to tell you about traders in the market who are getting restless with their declining sales turnover.
But then the pandemic changed, made everything easier to explain. Today's digital disruption is a non-negotiable condition.
A decade ago marketplaces and online sales for conventional markets might have been a small thing, but now malls and offline stores often function as mere storefronts.
Due to the fact that Amazon, the world's largest retailer, has overtaken conventional retailer Welmart, also the world's largest, Spotify is killing record stores, eMagazines and news portals threaten magazines and newspapers, Youtube is starting to stress Television, media and advertising spots are increasingly being dominated by digital companies.
And a phenomenon like this will not stop, because in the future, the market will soon be dominated by millennials, while the old ones will be eliminated, no longer having purchasing power.
This means, not changing the way we do business is tantamount to suicide, but changing is not enough, that's just the first step.
because traders from the market, may also change professions and move stalls to become online sellers who also increase competition.
On the other hand, the Market place effect also creates a dependence on the platform, which will also interfere with the ecosystem in the world of online buying and selling that has existed so far.
Today's online shop is a challenge in itself, platform shifts are a reality, but in fact the same phenomenon has also occurred many years ago in more developed countries.
In the world of online buying and selling, the dominance of the marketplace does not necessarily destroy it, sales in online stores and social media.
There is always a piece of cake for those who want to utilize the available space with the right strategy.