The current millennium will be shaped by a tremendous increase in Online Trade. It is verified by research findings and it is profound that there are some restrictions. Online Trade is not accessible to everyone. It demands use of technology that it is applied by educated people, who have young age range. This is considered the big majority. Our generation is happy with this development, because it sees it as a reward for privileged access for their hard years of study and their ability to use computers and technology.
Offline trade has more users than Online Trade and it has easier access from a wide age range. Bureaucracy is the great disadvantage of Offline Trade and it prevents investments in countries with complicated legislation.
At present Offline Trade dominates in terms of volume and value. The reason is that it is accessible by the vast majority of age ranges. However this will change year by year.
We will see the rapid development of Online Trade in this millennium as the population will be renewed by people who will have technology and computer skills. We have to notice that Online Trade offers better prices for products and services because it can be implemented by less people than Offline Trade.
Therefore, Online Trade will be even greater "megatrend" for business people and it will dominate focusing on low prices, reduced bureaucracy and increasing population with computer and technology skills.
Business, Consulting, Research Services
Online Shopping and Investments
Michael Kassotakis MCIM