Brick and mortar retail going online
Brick and mortar retail are going online at a much faster rate. This is due to the rise of e-commerce spending. When Walmart was first founded there was no internet to actually begin with. However, over time when the e-commerce era began, they also decided to sell their products online. Walmart has one of the most common online sales websites. This common practice of brick and mortar retailers going online actually possess a risk to traditionally e-commerce businesses. This is due to the fact that brick and mortar retailers have actually gained the trust of their customers after many years of operation. Brick and mortar retailers have the advantage of being trusted by customers’ far more than online stores. Whenever they go online they actually gain the leverage of having an offline and an online. E-commerce retailers are actually pretty young. This is due to the technological advancements that have forced e-commerce retailers to grow. With advanced online payments, e-commerce sales are only set to grow at a much faster rate than before.
Brick and mortar retail advantages
One advantage that traditional retailers have over non-traditional retailers is the fact that they can use offline marketing techniques such as asking for the customer’s phone number whenever they visit their online store. Due to the nature of business brick and mortar retailers generally have more trust from customers online. This is due to their physical nature. If you shake someone’s hands then there is a high chance that you are going to trust that person. This is especially true with e-commerce businesses.
How brick and mortar retail go online?
The most common way that brick and mortar retails go online is through creating an online store and then adding their inventory. It has become easy over the years as more and more retail businesses are going online.