Re:Amazon is stuffing its search results pages with ads
by adventured on Tuesday September 11, 2018 @12:29PM
(#17961179)
> so it seems unlikely there will be a 'started in the garage' business compete with them now the market is maturing.
There never has been. You can't compete in high volume retail ecommerce from a low budget garage scenario. Since the mid 1990s it has required tens of millions of dollars in venture capital just to get into the first inning of the game if you want to compete at that style of mass retail ecommerce.
It'd be like pretending you can compete with BMW, Ford, GM, Toyota, Tesla, etc. starting from a garage. There's a reason so few new car companies get started. Mass retail has horrendous margins and very high operational costs. If you get to choose, start a hotdog vendor business instead of going into low margin retail.
Amazon itself required a million dollars to get started back in 1994. There are no garage businesses in that sort of ecommerce.
There never has been. You can't compete in high volume retail ecommerce from a low budget garage scenario. Since the mid 1990s it has required tens of millions of dollars in venture capital just to get into the first inning of the game if you want to compete at that style of mass retail ecommerce.
It'd be like pretending you can compete with BMW, Ford, GM, Toyota, Tesla, etc. starting from a garage. There's a reason so few new car companies get started. Mass retail has horrendous margins and very high operational costs. If you get to choose, start a hotdog vendor business instead of going into low margin retail.
Amazon itself required a million dollars to get started back in 1994. There are no garage businesses in that sort of ecommerce.