Why Have So Many Online Retailers Had Difficulty in Achieving

question 27

Essay

Why have so many online retailers had difficulty in achieving profits? How has this changed by 2016?

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Definitions:

Experience

The knowledge or skill acquired by a person through involvement in or exposure to events, situations, or activities.

Business Opportunities

Circumstances or situations that can be leveraged by entrepreneurs or companies to achieve financial growth or competitive advantage.

Economically Viable

Refers to projects or endeavors that are capable of generating sufficient income to cover their costs and potentially generate profit.

Profitable

Referring to activities, investments, or entities that generate more revenue than the costs involved, leading to financial gain.