Re:The case for ending Amazon’s dominance
by clairity on Saturday February 17, 2018 @01:08PM
(#16401825)
this points to the other side of a comment i just made yesterday (about uber):
"yes, that's how capitalism is designed to work. the window in which you can make outsized profits is meant to be temporary so companies can't just rest on their laurels.
it's beautiful when it works."
walmart has been smart enough over decades to never rest on its laurels, so it's competing fiercely (and successfully) with amazon.
barnes and noble and k-mart on the other hand are dying a slow painful death because all the pointy-haireds rushed in for their personal payday and didn't build a competitive business. both are probably hoping a white knight private equity deal will raise them from their ashes, as happened with target (don't think the brand equity is there, but who knows).
walmart and amazon have been setting the pace for competitors in retail. you can't use a low price strategy against those large players, but you can take a differentiation strategy (e.g., better, more knowledgeable service, as others have pointed to).
another area of pressure on large companies is on the labor side of the equation. walmart and amazon have squeezed labor to the bone and governments have done little to level that playing field (skills-based programs preferred there).
"yes, that's how capitalism is designed to work. the window in which you can make outsized profits is meant to be temporary so companies can't just rest on their laurels.
it's beautiful when it works."
walmart has been smart enough over decades to never rest on its laurels, so it's competing fiercely (and successfully) with amazon.
barnes and noble and k-mart on the other hand are dying a slow painful death because all the pointy-haireds rushed in for their personal payday and didn't build a competitive business. both are probably hoping a white knight private equity deal will raise them from their ashes, as happened with target (don't think the brand equity is there, but who knows).
walmart and amazon have been setting the pace for competitors in retail. you can't use a low price strategy against those large players, but you can take a differentiation strategy (e.g., better, more knowledgeable service, as others have pointed to).
another area of pressure on large companies is on the labor side of the equation. walmart and amazon have squeezed labor to the bone and governments have done little to level that playing field (skills-based programs preferred there).