Traditional Culture Encyclopedia - Traditional virtues - Comparison of advantages and disadvantages between online retail and traditional department stores
Comparison of advantages and disadvantages between online retail and traditional department stores
Advantages of online retail: wide audience, low operating costs such as rent and manpower, and relatively cheap price.
Disadvantages: more support for logistics requirements, imperfect legal protection and high requirements for trading platforms.
Advantages of traditional department stores: a fixed customer base, usually located in the traditional business district, with a strong business atmosphere and convenient purchase.
Disadvantages: high operating cost, large manpower demand and relatively high price.
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