Smartphone apps are providing stiff competition for physical retail stores because
A)consumers using the app Instagram can shop instantly.
B)consumers can "tweet" their product preferences.
C)consumers can create and save shopping lists on their smartphones.
D)consumers can simultaneously check prices at other stores while shopping for a product in a brick-and-mortar retail store.

Question

Quizplus · Accepted Answer

The use of smartphone apps allows consumers to easily compare prices at other stores while shopping in a physical retail store, giving them the ability to make more informed purchasing decisions. This can lead to increased competition for physical retail stores, as consumers may choose to purchase from a different store with a lower price. Instagram and Twitter may provide some benefits for retailers, but they do not necessarily provide the same level of competition as the ability to easily compare prices in real-time. Creating shopping lists on a smartphone can be helpful for consumers, but it does not necessarily pose a direct threat to physical retail stores.

Smartphone Apps Are Providing Stiff Competition for Physical Retail Stores