3 ms·
For large scale specialty businesses that do not have a unique competitive advantage due to their specificity? Sure! And they should go. These stores are all m
by nostrebored 9y ago
For large scale specialty businesses that do not have a unique competitive advantage due to their specificity? Sure! And they should go.
These stores are all middlemen and if it's their sole function, they should expect to compete on efficiency.
However, there are tons of smaller stores that I still frequent due to atmosphere, niche goods, or a niche appeal. For example, friendly local game stores that have excellent customer service or local grocery stores that actually source their products using local connections. One provides an atmosphere that keeps it busy every time that I've been and the other provides goods that I can't find anywhere else, unless I'm getting a substitute good.
Brick and mortar stores that lack either should expect to go under, and hopefully be replaced by higher quality stores.