A devastating number of local retailers have winded down their businesses as fallen victims of this current age of internet shopping.
Shopping malls today are dauntingly filled with either tenant occupants of international brands or retail chains of this industry’s monopolies. Consumers unmotivated to patronise the malls with such limiting brand selections, find themselves shifting their shopping experience entirely online.
E commerce (maintaining as world's top business model) has become a must for any retailer wanting to secure a foothold in the market.
Consequently, competition in the e-commerce world continues ramping up fiercely in 2017.
With leading retailers progressively reshaping the e-commerce market, customers are harder to win over and retain than ever before.