Nobody downloaded yet

Issues and Challenges Facing Retailing - Article Example

Comments (0) Cite this document
Summary
Issues and challenges facing retailing NAME: AFFILIATION: UNIVERSITY: Abstract The concept of online retailing has undergone various reforms to be compatible to the requirements of the customers so that they can reap the benefits of convenient online shopping…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.2% of users find it useful
Issues and Challenges Facing Retailing
Read TextPreview

Extract of sample
"Issues and Challenges Facing Retailing"

Download file to see previous pages In order to enhance the effectiveness of digital retailing, the key factors that have to be considered by the retailers are availability of the latest products and services, transportation facilities for quick delivery and order fulfilment, easy payment mechanism, efficient logistics and distribution framework and cost-effectiveness. Contents Abstract 2 Introduction to retailing 4 Literature Review 5 Online retailing is the latest trend 6 Key drivers of online retail industry 6 Discussion 9 Limited potential for growth 9 High cost of delivery 10 Selection range trade-offs 11 Intense competition 11 Environmental impact of online retailing 12 Conclusion 12 References 14 Introduction to retailing In the consumer goods industry, retail has been playing a primary role in enhancing the productivity of the key players across the world. This retail sector has been expanding at an accelerating pace because the consumers are looking for convenience in the shopping arena. The significance of this industry is evident in the contribution made in the economies of UK, Mexico, USA, China, Dubai, Sri Lanka, Malaysia and Thailand; all of these countries have seen robust growth in their GDPs (Bell, Choi & Lodish, 2012). Some giant retail stores like Wal-Mart, Tesco, Kmart, Carrefour, Sainsbury’s and others have ensured that they provide the complete range of employment benefits to their personnel so that they can have an adequate standard of living while meeting all of their basic and mandatory requirements. Since 1990s, Internet has revolutionised the way in which organisations carry out their business activities; it has even impacted the retailing industry to a significant level. Internet in other words have changed the usual way of conducting business activities. As Internet is easily accessible by everyone with the help of the most up-to-date technological gadgets such as smartphones, tablets and etc., it has created the latest trend of online retailing. Internet has used the element of convenience for the customers and formed the aspect of online retailing for consumers. The pioneers of online retailing such as Amazon, BestBuy, eBay, Zulily and many more have ensured that the customers are provided the most sensational online shopping experience. These online organisations have proven their level of success and hence now we can observe many online retailing firms emerging in the market. There is constant improvements observe in the online businesses and also we can observe that the mode of payments are advanced and fully secure. In order to create a wholesome experience, the online stores are ensuring that they give utmost importance to each and every aspect of the e-retailing so that the customers are willing to increase their online purchases. According to a reputed research firm, Forrester, E-commerce is estimated to approach a figure of about $200 billion in terms of revenue alone in US which accounts for about 9% of the entire retail sector sales. There has been 5% increase in the retail sales as compared to its standing about five years ago (Rigby, 2011). Literature Review In the retailing industry, the retail stores are mainly classified in either of the two categories i.e. organised or unorganised. Within the organised sector, the retailers ensure that they provide the customers with the complete range of options from products to services so that they can take advantage of economies of scale and conveniently shop around the store. On the other hand, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Issues and Challenges Facing Retailing Article Example | Topics and Well Written Essays - 3000 words”, n.d.)
Retrieved from https://studentshare.org/marketing/1404401-academic-artical-in-retaling
(Issues and Challenges Facing Retailing Article Example | Topics and Well Written Essays - 3000 Words)
https://studentshare.org/marketing/1404401-academic-artical-in-retaling.
“Issues and Challenges Facing Retailing Article Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/marketing/1404401-academic-artical-in-retaling.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Consumer Behaviour Research Report Issues Facing Consumers in Adopting The New Product
...? Consumer Behavior Research Report Issues Facing Consumers in Adopting This New Product A new product isa good, some kind of service or an idea that has been introduced to the market for the first time or has been there for a while and is perceived by a potential customer as new. Consumers go through a process of decision making that involves many stages in order to adopt a particular product. The adoption process is defined as the mental process through which a potential consumer of a product goes through from the first instance of learning about the product to when he/she makes the final decision of purchasing the product (Wright & Vanhuele, 2008, pp.2-67). The adoption process is a long one and which involves a...
9 Pages(2250 words)Article
Issues in Educational Research
...? Issues in Educational Research A critique of the article Construction of Teacher Knowledge in context: PreparingElementary Teachers to Teach Mathematics and Science by Norene Vail Lowery Introduction The study in this article was mainly intended for the purpose of understanding how elementary school teachers carry out their teaching in science and mathematics subjects. The key participants involved were the pre-service teachers and the setting in a school based environment involving 31 respondents both junior and senior elementary majors in a university, in order to obtain the right information needed. The methodology was carried out using multiple data collection methods like primary data collection method of observation....
5 Pages(1250 words)Article
Environmental Issues (Article Critque)
...than 10,000 pounds of chemicals are stored at any site. A bill is being introduced in the US senate that requires disclosure of all chemicals used at a project site irrespective of quantity (page 10). Chemical contamination occurs not just in the waste water resulting from hydraulic fracture but also from surface water run-off from drilling sites and during transportation. The paper does not identify any of the chemicals used in hydraulic fracturing or report on any chemical contamination issues at the present shale gas production fields. 3. Other environment risks The paper also outlines the other environmental risks that are common with conventional oil and gas drilling including well blowouts (page 8), cement and casing...
5 Pages(1250 words)Article
Current trends in college teaching or challenges facing college students today
...of Honor: Cheating on campus undermines the reputation of our universities and the value of their degrees. Now is the time for students themselves to stop it” was written by American Scholar, Chase William. In this article, the author explores different challenges facing higher education in the United States of America. Specifically, the author has demonstrated how declining education quality, decreasing funding and declining student and faculty moral affect college students. The author also discusses plagiarism and cheating as the major social challenges facing students and urges the leadership of the universities to take strict measures to curb academic dishonesty. Through...
3 Pages(750 words)Article
Service Marketing Article
...Marketing Issues and Challenges of Retail Banking in the UK with Special Reference to HSBC Introduction Retailing industry occupies a prominent segment in any economy both in terms of GDP contribution and share in total employment. Retail has been acknowledged as one of the major employment sources all over the world and the number of potential opportunities in the sector is on the rise. Many changes have been occurred in the field of retailing and hence marketing functions too have been experiencing dramatic changes across the world by virtue of the unrelenting wave of globalization sweeping across the world. Real estate, franchising and...
12 Pages(3000 words)Article
Ethical issues
...Ethical issues A human resource manager is a departmental head in charge of employing, interviewing, recruiting and allocation of staff in a company or organization. They have the responsibility of human workforce as a resource in an establishment. They are also in charge of researching backgrounds of staff, recruits and making sure that background information on staff coincides with given resumes. Their role is vital in the everyday running of an organization because they are the collar bone to which the company or organization relies on. (Mathis, 2008) The ethical issues that arise from expecting more from human resource managers as key players in an organization include workplace flexibility. This is whereby...
1 Pages(250 words)Article
Wholesaling/Retailing and Direct Marketing
...Multi-channel management in direct marketing retailing Traditionally, direct marketing retailers have used call centers and mail order as channels for marketing. Another channel for marketing that is commonly used is the internet. Direct marketing retailers now prefer using the internet because it has the potential to cut costs for the retailer. This does not mean, however, that direct marketing retailers have abandoned the use of call centers entirely. In this article, I look at the benefit of using various channels as opposed to using just one channel. The article also investigates the benefits that consumers associate with various channels of marketing. This...
2 Pages(500 words)Article
Retailing and Direct Marketing
...the prospecting company is likely not to care about Kemper Products’ customer satisfaction. There is also the issue of the fate of junior employees because the prospective company does not offer welfare packages for them as it did for the senior management. This an ethical question because as far as business is concerned, accepting the bid would be logical thing to do. This is because it entails making a huge profit, which is the core principle of any business entity. This would see the junior employees facing a bleak future without any concrete promise of job security. The market served by Kemper Products would be faced with the probability of being provided with lesser quality goods and...
2 Pages(500 words)Article
Challenges facing the refugee students in Ontario Canada
...Challenges Facing the Refugee in Ontario Canada Affiliation Challenges facing the Refugee in Ontario Canada The increased immigration to Canada is increasing pressure on the education system as the students have challenges in getting used to a new system away from their countries of origin. Schools in Canada do not have effective programs and practices of teaching to ensure that the new students adapt quickly to their new learning environment. For instance, a program that can help the new students to have proficiency in English language is necessary to ensure that they understand the other subjects. Without the knowledge of English, students will...
2 Pages(500 words)Article
Challenges Facing Social Work
4 Pages(1000 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Article on topic Issues and Challenges Facing Retailing for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us