As an online business ourselves, we understand the unique risks and challenges that web-based retailers face. The hefty price underscores how Wal-Mart is trying to compete more aggressively and effectively for younger and more affluent customers as it has seen its online business growth slow despite big investments in distribution centers and expanding services.
Obviously what’s really great about being online is never knowing when you are going to have a sale, you don’t have to wait around in an empty shop for a customer and its pretty exciting when you first get started, to wake up to one or more Paypal notifications from overnight sales.
If the item for sale is through one of their ‘private’ auctions, then the person selling knows that they had it available; and, even for retailers selling through ebay; they are in control of their own stock levels and are simply using ebay as a store-front to attract customers.
The service sector is the segment of the offline retail business is most like online retailing because the service sector offers extraordinary opportunities insofar as e-commerce sites can deliver information, knowledge, and transaction efficiencies.
Online retailers are truly making an effort to make everyone feel that online shopping is something at they should be doing, and by making it accessible to the Spanish community, which happens to be one of the most widely spoken languages around the world, they are all but guaranteeing that their online business will be a complete success.