What impact does e-commerce have on traditional retail industry?

Personally, I think the impact of e-commerce on traditional retail industry is mainly reflected in the following aspects. 1 is a change in the consumption habits of consumer groups, which is the biggest impact on the traditional retail industry. Intelligentization and informatization have changed people's consumption habits. Fast and convenient payment platform, more shopping information, lower commodity prices, fast and safe logistics system and shorter time cost make more and more consumers choose e-commerce shopping. With the rise of real estate prices, the operating costs of traditional retail businesses have risen rapidly. Under the pressure of rising costs in many aspects, the traditional retail business with little profit margin is struggling, while e-commerce has brought a huge impact on prices due to the lack of circulation channels and low operating costs.