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Internet as a Threat to the High Street

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Submitted By danielazevedo
Words 2147
Pages 9
Index
Contents
Introduction 2 Types of shops 2 History 2 Example of Ecommerce 2 Processes 3 Advantages 3 Disadvantages 3 Effects 4 Legal and ethical implications 4 Social implications 5 Economic considerations 5 Solutions 5 Conclusion 5 Bibliography 6

Internet as a threat to the high street
Introduction
Ever since its creation, the internet has developed drastically. One of its focal areas is internet shopping, which is vastly becoming more popular during the last few years, which led to the factor of increasing consumerism to a point almost beyond recognition. For those who have access to the internet, they are granted the privilege of a vast choice of not only physical but also digital products which have always been subject to availability in the high street.
Types of shops
Nowadays retail establishments can be fragmented into three classifications. Those constructed solely in physical retail shops, those assembled around the concept of both physical shops and online shopping, and also Ecommerce which is exclusively online shopping.
History
Before anyone was able to obtaining goods online there were only limited ways where people were able to purchase products. One of the methods was to go to the high street and inside the stores. Alternatively products were acquired by teleshopping, where you would call a number, usually advertised on TV, and give your credit card details. Nonetheless giving credit card details over the phone is very unsecure as other individuals could perhaps be listening to your conversation over the phone and be granted with all your credit card and personal details. Although when online shopping initiated security was also one of the primary concerns. Due to the result of inexperienced online shopping developers, hackers would continuously be lurking on every corner to infiltrate the system and steal your

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