Which of the following statements is true about retailing on the Internet?

Retailing online is indeed growing rapidly due to several factors. The continued expansion of internet access, advancements in mobile technology, and changing consumer behaviors all contribute to the growth of online retail. As more people discover the convenience of shopping from home, along with the ability to compare prices and access a wider range of products, online retailing has become an essential channel for consumers.

Moreover, the rise of e-commerce platforms and improvements in logistics have made it easier and more efficient for businesses to operate online. This growth is reflected in increasing sales figures reported by many retailers and the emergence of new e-commerce companies. The trend is not just a temporary phase but a significant shift in how consumers engage with retailers, favoring the ease and accessibility of online shopping over traditional physical stores.

In contrast, other options reflect misconceptions about online retailing. The idea that online retail is decreasing in popularity contradicts observed market trends, while the notion of restricted product information overlooks the vast amount of information available online. Additionally, the statement regarding higher operating costs does not consider the potential cost savings from not maintaining physical storefronts, which can lower overall expenses for online retailers.