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I see what you're saying but I still think a more accessible store with more economically diverse location (most WF were built where could afford to shop there)
by alistproducer2 8y ago
I see what you're saying but I still think a more accessible store with more economically diverse location (most WF were built where could afford to shop there) would've been a better move. It would've put Amazon in the heart of more communities. Remember Walmart started by catering to poor people and it turned out to be the right decision. I'm not so sure starting out catering to rich people is going to be the right decision in the long run.
- bredren 8y agoIt worked for iPhone.
- alistproducer2 8y agoyou mean, carrier subsidization worked for the iphone.
- bredren 8y agoNo, I don’t. The iphone was $600 with subsidy. Other phones were free or less than $100 w subsidy.
- fma 8y agoIMHO it's easier to bring a high end retail down to the common folks than to take a low end retail to the rich folks. That's how luxury goods..Couch, Michael Kors work...become a luxury good, then reduce price/quality for common folks. Common folks get luxury name and feel good. You'll abandon the rich people but you'll make more money.