Quote:
Originally Posted by Mivo
Where does it lead, though? Instead of a variety of small stores in the neighborhood, there will only be a handful of large online stores.
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Why can't an online store be small? Further, why can't it serve a neighborhood? Most small, local stores seem to think their neighborhood owes them a living. That's why they fail-it's not selection. Maybe it's prices but if they offer extra value they could charge higher prices-but they don't.
Some local stores do well online. Mostly they seem to be stores that have traditionally offered delivery. Many of them operate out of self-storage units. It does require a different business model & few small businessmen seem to think 'outside the box' but that's probably why so many fail. It's not inherent in the competition, it's inherent in their approach to business.