People are going mad towards the use of mobile devices. Have you ever thought why is it the case? In fact, it’s about the simplicity and comfort of using mobile devices people are fondly experiencing. The trend of SmartPhones increased because it features mobile apps to run simpler and quicker than laptops or desktop. All of us are aware of the truth that people loves to shop regardless of sale or no sale. These days, shopping becomes more enjoyable in the comfort of the home with the help of eCommerce websites created by reliable platforms like Magento webwinkel and WordPress.
E-commerce, The Future of Retail
Online shopping, in fact, dates back to 1979 when Michael Aldrich created the first-ever online shopping system. The machine linked a tailored domestic TV to a computer that stops at the telephone line. Since then the idea of shopping from the home becomes an ideal way to maximize time and energy.
E-Commerce is a massive platform that’s increasing at an unprecedented speed all over the world. People from every age whether they’re millennials, children, or old likes to shop from e-stores. Shopping stores online provide happiness. As we have lots of websites and apps focusing on e-commerce, the reason is straightforward, it has become easy to locate anything that you wish to buy immediately.
In the next few years, it’s expected that the expansion of e-commerce will increase just like never before with the introduction of recent technologies. The speed of online shopping is growing beyond measure rate and this is forcing e-commerce owners crazy to maintain their solid place at the internet race.
Being an online businessman, it is highly critical to be up to date with the current e-commerce trends. It is a task to concentrate on in addition to program development if you’re aiming to make an online standing for your business. Since the inception of shopping sites, the way that people do shopping has fully changed. No doubt the market will flourish in the coming years and is escalating at a rapid rate.
There’s a big jump in online revenue in the 4th quarter for Amazon. However, the retail giant, Walmart’s profits went down to 18% as it continues to spend to fend off Amazon. The past year, Amazon is at more than 60 percent and Walmart is at 10 percent in stocks. Recent news say that it could be Amazon but there are still many who supports that Walmart could still be the best buy.
With the growing popularity of online stores and ecommerce, Walmart also paved their way to ecommerce and thus the Walmartone com Their prices has gone cheaper and they are continuously working to make things work in online sales.
The question arise, which one is a better buy in stocks? Would that be Walmart Stocks or Amazon Stocks?
First, there are many factors that make an impact to the rise and fall of stocks each year. With the same reasoning, there are also many factors that may affect each giant’s rise and fall in stocks.
Amazon vs Walmart
Two professionals debate on this matter, Joseph Agnesi from SP Global Management and Ross Gerber from Gerber Kawasaki.
Joseph Agnesi says that Walmart is a better buy. Walmart expands online offerings, they offer lower prices, and they speed up delivery. They have trained their employees and improved fairly in instock positions in store. So these improves the in-store experience. The combination of online and a instore sales should help the company gain and defend market share.
Ross of Gerber Kawasaki, however is going for Amazon. It’s a no brainer that Amazon is dominating the retail in every corner. It actually reminds Ross of Walmart in 1985 when it was a good company. But Walmart is so behind the ball when getting into retail online. Walmart bought jet2.com which is a total loss. Walmart had been buying companies that do not really integrate each other.
With debates here and there, it may be clear that brick and mortar giants are losing their customers to online ecommerce stores. But it is good news that traditional stores offline have started their own ecommerce sites as well. But will it compete to Amazon? Regardless, there are advantages and disadvantages that each store has. In the end, it is still the buyers choice – which one serves them better.