Business is booming.

Retail revolution: how online shopping changed the game | 60 Minutes Australia

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Subscribe here: http://9Soci.al/chmP50wA97J Full Episodes: https://9now.app.link/uNP4qBkmN6 | Retail revolution (2011)

Before this story in 2011, we had no idea how big internet shopping was. Charles Wooley spent time talking to ‘e-tailers’, as they’re known, whose businesses even in these difficult times are doubling in size every year. Meanwhile, traditional retailers are facing their biggest crisis since the Great Depression. So why are more and more people choosing the online option? Well, there are some compelling reasons. There’s a bigger range of goods out there in cyber space. It’s open 24/7. There’s no waiting in queues. And, although sometimes it’s cheaper, it seems that what the customer is really going for is the ease and convenience. No matter where in the world you order from, within 48 hours you get the thrill and excitement of opening a present from yourself.

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For forty years, 60 Minutes have been telling Australians the world’s greatest stories. Tales that changed history, our nation and our lives. Reporters Liz Hayes, Allison Langdon, Tara Brown, Charles Wooley, Liam Bartlett and Sarah Abo look past the headlines because there is always a bigger picture. Sundays are for 60 Minutes.

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