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#106 |
Grand Sorcerer
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Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
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#107 | |
Grand Sorcerer
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Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
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Quote:
It's not a class warfare thing, though. WalMart mostly deals in essentials and day to day stuff. Not luxury goods or premium versions for disposable income. Gaming consoles are about as far as they go in that direction. For example, they move a lot of VIZIO TVs but it's almost exclusively the low end V-series of LCDs. The higher end Quantum P-series and OLED models won't be there because they're slower moving. Computers you'll more likely find a Stream Laptop for kids than an Alienware rig. It's about volume and speed. Floorspace costs money and just like B&N added pricey toys and "lifestyle" merchandise to boost the bottom line, Wallmart ads higher priced stuff from time to time: house brand gaming PCs for example. But their key metric is always money per square foot per day. And books are at the low end, today. Over half the market is online and digital and the total market has been flat all decade. Books are just not a good fit for B&M anymore. It can be made to work as a specialty and regional draw, like Powell's, but selling "everywhere books" is not a rainmaker. Last edited by fjtorres; 06-15-2020 at 10:18 AM. |
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#108 | |
Wizard
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Karma: 10700629
Join Date: May 2016
Location: Canada
Device: Onyx Nova
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#109 | |
Member
![]() Posts: 11
Karma: 10
Join Date: Jun 2020
Device: Kbo Libra H2O
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Quote:
Regardless, Walmart's business model has always been "stack it deep and sell it cheap." It's about velocity and revenue per square foot/day. Books no longer achieve that except for the latest best sellers. Ereaders have a strong niche following, but they're durable with low innovation--not something people replace every year or even two so they aren't a good fit with Walmart's business model. |
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#110 | |
Gentleman and scholar
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Karma: 111164374
Join Date: Jun 2015
Location: Space City, Texas
Device: Clara BW; Nook ST w/Glowlight, Paperwhite 3
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Now, I live in a high-end suburb of Houston. Teslas, Mercedes and so on are common and so are multi-million dollar homes. But I know that if I want to see a guy in a sweat-strained tank top and dirty pink camouflaged pants, Walmart will still manage to come through for me ![]() |
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#111 | |
Grand Sorcerer
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Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
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Quote:
Some things being floated around aren't going to happen (Australia nationalizing Chinese owned property, Trillion dollar lawsuits in US courts) but the manufacturing and IP stuff was already on the table in the US. I believe the Germans, too. Their plan makes sense. So does expanding it. Reports out of France over medical gear are credible. Franceis to big to rely on the kindness of strangers on life or death matters. Italy, less so. A lot of countries are in deep debt to China. And a lot of the chinese owned contract manufacturers were already moving parts of their operations to Vietnam, India, Brazil, and the US. China's role as lowest cost manufacturing site was already fading before the crisis. So a lot of business can diversify while retaining tbeir contractors. The key thing is insuring against the next pandemic. And the one after that. Because they will come. So it won't be hard for Kobo or other companies to diversify their supply lines. Microsoft is launching a new gaming console this fall despite the crisis. Their factories and heavily automated, the new boxes were designed for robot assembly, and they are already being built in China *and* Malaysia. They were ready. (In fact, 40 years ago, Bill Gates insisted the company always have enough cash reserves to operate a full year with zero income. Zero layoffs. And with telecommuting and video conferencing they've barely missed a beat.) Others will follow suit. Those that don't will be gone soon enough. If anything, tbe outbreak speaks even more to the need for full automation and since robits are not only outbreak-proof but also more productive, factory geography will matter a lot less. Again, before the crisis a lot of companies were bringing production back to tbe US because between cheap energy, automation, and transportation costs, local manufacturing makes more sense. In fact, expect to see more like this: https://techcrunch.com/2020/05/14/ts...nment-support/ eReaders and all sorts of electronics depend on foundries like these to provide the core chipsets. They are the modern equivalents to steel mills or refineries. The US has dozens, Europe a handful. Japan and Taiwan a lot. https://en.m.wikipedia.org/wiki/List...ication_plants So yes, believe the Germans. Running your communications on gear made by a company owned by tbe CCP and PLA is not a good idea for privacy or security. |
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#112 | |
Grand Sorcerer
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Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
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They'll take anybody's money. ![]() And even people with six figure salaries appreciate cheap TP. |
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#113 |
Resident Curmudgeon
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Karma: 145864619
Join Date: Nov 2006
Location: Roslindale, Massachusetts
Device: Kobo Libra 2, Kobo Aura H2O, PRS-650, PRS-T1, nook STR, PW3
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#114 |
Guru
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Karma: 3438612
Join Date: Oct 2009
Device: Kindle Voyage, Kindle 4NTB x 4
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Actually, the Great Value red package TP is the best I've ever used. As good as Charmin Red. I buy it all the time. And honestly, I go to Walmart all the time, and Target. I see the same types of people at Target as I do Walmart, from poor to rich. Like professional football players and their wives rich. Pretty sure Lays potato chips are the same at Target, Harris Teeter, Smith's, Krogers, and Walmart. Heck, the Goodwill parking lot where I live constantly has Jaguars, Beemers and Mercedes in the parking lot.
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#115 |
Gentleman and scholar
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Karma: 111164374
Join Date: Jun 2015
Location: Space City, Texas
Device: Clara BW; Nook ST w/Glowlight, Paperwhite 3
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It's true. But even with all those six-figure earning customers, Walmart doesn't regularly stock caviar. Or high end computers. They don't seem like a natural fit with Walmart's brand.
And neither do ereaders, to go back to the point made in post #104. |
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#116 | |
Grand Sorcerer
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Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
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Quote:
It's not price but sales volume. Tbey need big, fast sales for the leverage to get big discounts. |
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#117 |
Gentleman and scholar
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Karma: 111164374
Join Date: Jun 2015
Location: Space City, Texas
Device: Clara BW; Nook ST w/Glowlight, Paperwhite 3
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#118 |
Junior Member
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Karma: 11158
Join Date: Oct 2014
Device: Kobo Glo HD
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Kobo Nia 6"" EPD w/Carta Display 1024x758
https://store.exertis.co.uk/products...u-bk-k-ep.aspx |
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#119 |
Connoisseur
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Karma: 2122502
Join Date: May 2020
Location: Asia (from USA)
Device: Meebook M6, Kobo Clara HD
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Wow, looks like a website placeholder (not yet open) for a 6”.
Same size as Clara but maybe lower specs including screen. And heavier, 260g, at same size? Kobo Clara HD 6” EReader specs Screen: 6” Carta E-Ink touchscreen, 300 ppi, print quality Display Resolution: 1448 x 1072 pixels Weight: 166g Last edited by Nightflyer; 06-17-2020 at 04:29 PM. |
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#120 | |
Zealot
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Karma: 2382428
Join Date: Feb 2013
Location: California
Device: OnePlus 6 phone, Kobo Clara HD, Libra H2O
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