Impact+on+traditional+business

//How has e-commerce affected traditional business?// E-commerce has affected many traditional buisnesses mainly in the retail and shopping sectors. E-commerce has affected traditional shoping as people oftne prefer the convienece and cheap costs that are provided by online shopping. This has decreased company profits as many people choose to isntead buy their goods online instead of visiting traditional stores.

//Research one company that has become bankrupt due to competitors online// A company which had become bankrupt due to competitors online is the international bookstore Borders. Borders was unable to overcome competition from larger rival Barnes & Noble Inc and from Amazon.com Inc, which began to dominate book retail when the industry shifted largely online. Borders, for which online sales represented only a small fraction of revenue, never caught up to its rivals’ e-reader sales, namely Amazon’s Kindle and Barnes & Noble’s Nook. Many stores worldwide are in the process of closing down, with Border's new focus on their online store. The ebook side of Borders is not affected by the bankruptcy because that is through the online store, which will remain open. Bookstores worldwide are beginning to struggle with the declining demand for physical books. OR Research why Dell is like a bank

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