Effects The Internet Has Made On Retail

Posted on Dec 7 2015 - 10:32pm by Editorial Staff

The retail industry has changed greatly since the birth of the internet. Shops and stores around the world now make a lot more profit than they did in the past. So, nobody can argue that online selling platforms are not a positive thing. However, we wanted to take a look at some of the changes that have helped to bring that about today.

More sales as half of all households have broadband

That’s right folks. As we entered 2015, around 42% of all households were lucky enough to have a broadband internet connection. That means people can now browse the internet quickly from their armchair. That has increased sales and made it easier for buyers to get what they want.

Faster sales as 57% of adults use their smartphones for shopping

As more adults now use their smartphones for shopping, retailers know that creating apps is worthwhile. Some of the biggest brands in the world now offer free apps to smartphone users that list their full range of products. Once someone opens an account and enters their bank details, they can purchase with the touch of a button.

24/7 sales as 25% of adults admit to shopping in bed

Retail stores never used to sell a single product while their customers were in bed. However, the internet has made that process possible. 25% of people now say they have purchased from their favourite stores while sat under the covers wearing their pajamas.

As you can see, the internet has revolutionised the way in which retailers run their operations. You can take a look at the infographic attached to this post if you want to learn more. Will things continue to get better for product sellers next year? It’s almost a certainty!

Infographic Designed By  Soap Media

About the Author

Editorial Staff at I2Mag is a team of subject experts.