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> If online is cheaper then online can not pay higher wages when selling the same volume of goods in the long run. It is that simple. Real estate, profit, and
by remline 9y ago
> If online is cheaper then online can not pay higher wages when selling the same volume of goods in the long run. It is that simple.
Real estate, profit, and salaries/bonuses to executives are all diminishing the wage/quantity of workers in retail and can more easily be cut in online markets where independent merchants need low capital. So independent merchants might be making more money from their own direct labor than the corresponding retail workers.
- Spooky23 9y agoIndependent merchants are hard to measure because they are captives of Amazon and eBay, and only the platforms really know what is up. They rarely amount to much more than jobbers.