Question

12. Although online shopping accounts for 8 percent of retail sales, it is still a significant share of

the market

(1 point)

true

false

Answer 1

The answer is True.

Answer 2

true

Step-by-step explanation:

• Online shopping is an electronic form of shopping for goods and services. And allows for the direct buyer and seller to interact with each other over the internet. In the U.K about 20% and Australia has 7% and the U.S. about 10% of the retail sales take place through this.

• The markets in Asia-Pacific have increased the international sales to over 30% giving them over $433 billion in revenue. As customer buying behavior in the digital environment is changing. As every customer is becoming more and more interactive, and though the online reviews customers are influencing other potential buyers in the world.

• Besides they have a various option like Cash on delivery (C.O.D.) , the direct debit, EFT , the gift cards , the Invoice, especially popular in some markets/countries, the postal money order etc, hence many new companies are adopting these online shopping channels it will grow more in the future.