What are the advantages and disadvantages of brick-and-mortar stores? What are the advantages and disadvantages of...

What are the advantages and disadvantages of brick-and-mortar stores?

What are the advantages and disadvantages of online stores?

Which are there more of and how will this trend continue?

Please answer in complete sentences with an overall total of 150 words or more.

Expert Solution

Advantage of brick and mortar

People who buy item from local shop don’t have to wait for a long period of time they have instant access to product for consumption .In case of urgency for example you have to gift something to someone on their birthday and you made a plan at last moment then you have only option from buying from local store .

We might have very good friendly terms with local shop keeper which might give us commodity on credits which we have to pay later.

In brick and mortar shop we have an advantage of instant trial for example we have to buy a cloths then from a local shops we can take a trial of cloths as much as we want and then buy it but this is not possible with ecommerce.

.Brick and mortar shop help us socialize we go we our friends and family to a local shop and buy item so we are able to know their likes and dislikes

Disadvantages of brick and mortar

It is very time consuming. It adds travel time which can be saved by online shopping and prices are expensive in local market

Advantage of online store

It saves a time, it saves a lot of travel time apart from it shopping can be done 24*7.there is no geographical limitation now days through online shopping goods can be bought from villages also. Online store provide greator no of options and product are also cheaper

Disadvantage of online store

Item cannot be accessed instantly, payment gateway of ecommerce is always prone to attack by hackers, quality can’t be checked before buying from online store .

Now days approximately 61%of shopping is done by offline mode but this trend is going to change very soon because online store give access to greator variety and their is no geographical limations by it and it also provide product at lesser price than offline stores.

Rahul Sunny answered 2 years ago

How has the WWW changed the brick and mortar planning ? Can Brick and Mortars stores...

How has the WWW changed the brick and mortar planning ? Can Brick and Mortars stores exist ?????? Has the WWW helped the brick and mortar ?

Please explain why consumers prefer e-commerce over brick and mortar. What are the advantages?

A company sells its product line in traditional brick and mortar stores as well an online...

A company sells its product line in traditional brick and mortar stores as well an online store site. Historically, 42% of all company sales took place through its online store site. Due to recent budget cuts, the company has had to cut back on advertising expenditures that promote the online store site. You would like to determine if there has been a DECREASE in the proportion of sales coming from the online store site since the time you reduced your...

Should Burberry’s be focused on new brick-and-mortar stores, as new CEO Christopher Bailey did with the...

Should Burberry’s be focused on new brick-and-mortar stores, as new CEO Christopher Bailey did with the opening of Burberry’s largest store, 121 Regent Street in London, or should they focus on more online sales worldwide? Are high-end products (clothing such as Burberry’s) better sold in stores or online, or both?

Does "dynamic pricing" improve economic efficiency? Explain. Why is it imperative for brick-and-mortar stores to adopt...

Does "dynamic pricing" improve economic efficiency? Explain. Why is it imperative for brick-and-mortar stores to adopt the same pricing policies as those of online retailers? In terms of game-theory analysis, why is it a best response for brick-and-mortar players to do so?

Many shoppers walk into brick-and-mortar retail stores, see products that interest them, and conduct research on...

Many shoppers walk into brick-and-mortar retail stores, see products that interest them, and conduct research on their smart-phones. Many of these shoppers ultimately make their purchases online and they may make their purchases from the Web site of the store they are in, or from another online vendor. This comparison process is called showrooming. Showrooming occurs when shoppers visit a store to examine a product in person but then proceed to buy it from a rival online, frequently at a...

Brick-and-mortar stores and online businesses have different perspectives regarding competitive advantage. Respond to the following in...

Brick-and-mortar stores and online businesses have different perspectives regarding competitive advantage. Respond to the following in a minimum of 175 words: With their different perspectives in mind, evaluate how and why their strategies differ. What recommendations would you make to brick-and-mortar stores to capitalize on how they can compete more effectively with online businesses? Provide either a personal experience or a cited reference with each post.

What is the impact of Amazon & other on-line companies on conventional brick and mortar retailers?

Discuss these in about a paragraph - Your thoughts on the future of Brick and Mortar...

Discuss these in about a paragraph - Your thoughts on the future of Brick and Mortar based commerce - Legality aside, your thoughts on the issue of taxation relative to EC sales

A. Provide an example of a brick-and-mortar retail location and an example of an online retailer....

A. Provide an example of a brick-and-mortar retail location and an example of an online retailer. In a comparison of the two retailers, provide two advantages and two disadvantages for each. B. Explain how the brick-and-mortar location you used above has responded to online shopping competitors (in general). Make sure you address the specifics of HOW they have responded by giving at least two examples of what they have done.

Question