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Online trade versus offline trade
1. The current millennium will be shaped by a tremendous increase in Online Shopping.
It is verified by research findings and it is profound that there are some restrictions.
Online Trade is not accessible to everyone. It demands use of technology that it is
applied by educated people, who have young age range. This is considered the big
majority. Our generation is happy with this development, because it sees it as a
reward for privileged access for their hard years of study and their ability to use
computers and technology.
Traditional Shopping has more users and it has easier access from a wide age range.
Bureaucracy is the great disadvantage and it prevents investments in countries with
complicated legislation.At present it dominates in terms of volume and value. The
reason is that it is accessible by the vast majority of age ranges. However this will
change year by year.
We will see the rapid development of Online Shopping in this millennium as the
population will be renewed by people who will have technology and computer skills.
We have to notice that it offers better prices for products and services because it can
be implemented by less people than Offline Shopping.
Therefore, Online Trade will be even greater "megatrend" for business people and it
will dominate focusing on low prices, reduced bureaucracy and increasing population
with computer and technology skills.
E-BCR
Business, Consulting, Research Services
Online Shopping and Investments
Michael Kassotakis MCIM
mk@e-bcr.com
www.e-bcr.com