3 ms·
Amazon vs. Walmart: The fight for India is just beginning
- parvenu74 8y agoThe thing is: both are logistics companies. One started long before the internet and became the dominant retailer because of the reach and efficiency of the logistical system it put in place to supply brick-and-mortar stores; the other skipped physical locations and sold straight to consumers. Both, as far as I know, sell products on consignment: the suppliers don't get paid until a customer buys a product. The confusing thing, to me, is why Amazon wants to get into the brick-and-mortar side of things: that's something WalMart has down cold. I think Amazon has the advantage that it's not just a retailer but a service provider as well (AWS). Where neither company has entered the market, I would bet on Amazon.