Economics B A-Level
Online retailing
What Online retailing means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Online retailing
Check what you remember
Read the wording for your board, then hide it and explain Online retailing in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Selling to consumers over the internet, which reduces the need for physical premises and lowers fixed costs.
Topics that use Online retailing
- How the digital economy affects markets and firms (Pearson Edexcel A-Level)
Related terms
- Cost structures
- Creative destruction
- Digital skills
- Market competition
- Micromarketing
- Profit and loss
- Social media
- Viral marketing
Using Online retailing in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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