4 ms·
Is it because more and more areas of business activity are conquered by large entities and thus are hard to enter into? As a small guy, you won't achieve econom
by badpun 8y ago
Is it because more and more areas of business activity are conquered by large entities and thus are hard to enter into? As a small guy, you won't achieve economies of scale of Wallmart or marketing of McDonalds, while 70 years ago, if you were opening a convenience store or a restaurant, you only had to worry about local (non-chain) competition.
- pas 8y ago> Is it because more and more areas of business activity are conquered by large entities and thus are hard to enter into? Is that true though? Artisanal, craft, handmade, premium, bespoke, etc. of every kind of bullshit is booming. Etsy, indiegogo, kickstarter, eBay and whatever else is big business for small producers of gadgets, trinkets and everything cute, right? That said, yes, Amazon and other forms online shopping, is pushing out small shops, but cafés are opening everywhere in cities. (Urban revival and whatnot.) But ... without hard numbers there are just feely-goody impressions, so I have no hard belief about this, just trying to offer a coutnerpoint.
- dsfyu404ed 8y ago>Is that true though? Artisanal, craft, handmade, premium, bespoke, etc. of every kind of bullshit is booming. Only in markets where there's a high enough density of rich people with nothing better to spend their money on. Businesses selling hand crafted bagels don't exist outside areas where there's a lot of people willing to spend their discretionary income on craft bagels.
- JoeAltmaier 8y agoWell, the internet helps with this. But granted, you're not going to sell artisanal sandwiches over the internet. And folks willing to spend $40 on specially roasted and ground coffee are far, far fewer than folks spending $2 for the grocery store brand.
- auiya 8y ago> Is that true though? Artisanal, craft, handmade, premium, bespoke, etc. of every kind of bullshit is booming. Etsy, indiegogo, kickstarter, eBay and whatever else is big business for small producers of gadgets, trinkets and everything cute, right? People don't rely on these for their main sources of income in most cases, they're almost always hobbyist endeavors or being subsidized by some other income source.