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Ok, I'll be that guy... I think this recession will hit bigger companies rather than smaller one, small means resiliency. Online consumer companies like Amazon
by Beman30 7y ago
Ok, I'll be that guy...
I think this recession will hit bigger companies rather than smaller one, small means resiliency.
Online consumer companies like Amazon wins because of their ability to cut prices, what if:
Sending goods will be more expensive than having a retail shop?
If manufacturing goods will be cheaper in your home country?
I think we will see local industries flourish at expense of multinational who will be not able to change that fast.
Any tech business that is able to support local business with their daily troubles and help them cutting costs will build the future.
- buboard 7y agoa small business, e.g. a hair salon will shut down if having to pay people without any customers for a month. Amazon can wait