21–30 of 53 posts
Does your business 1) work in retail and 2) have more than 2% margin? Then Amazon is coming for you.
I'm actually cautiously optomistic for some stores. For example, I still go to Target since I want to see clothes before I buy them. And their store card gives you free 2 day shipping with no BS "membership fee". I could see AMZN taking a huge dive if the economy slows down. Think about it - a lot of people will be looking for things to cut and that Prime membership may be the first to go.
Smart move. Whole Foods has a limited appeal. It's not just price - sometimes people want to buy Cheetos or pizza rolls that don't taste like cardboard. Slightly related thought: Why not design a store which allows instant fulfillment from a wide selection of goods while taking up less ground level space? I could see an Amazon/Walmart/etc store where you reserve the shelf space for presentation, but the goods are act…
Yes, I imagine a store in which you just walk around and scan QR codes on your phone and your bagged groceries are waiting for you when you walk out (all paid for on the app, too, so no checkout).
I mean the checkout experience might be a little better but there are so many additional variables that come into play. Like are things going to be bagged well? I walk to the grocery store so it's important to me to get a good weight distribution between bags.
Idk this just seems like a solution to a problem that doesn't really exist.
Does your business 1) work in retail and 2) have more than 2% margin? Then Amazon is coming for you.
This is clever. So I'm curious, how is Amazon able to execute so effectively in so many different spaces? It would seem to me that any company endlessly extending itself into new markets is doomed to lose sight of its core competencies and eventually collapse under it's own weight. And yet Amazon still grows, and keeps executing. How is this possible? Is the 6 page memo the magic sauce of sprawling corporate empire g…
I think the average Whole Foods has plenty of wasted space and that they could easily start to carry products that the average consumer has to go to a normal grocery/convenience store to buy (liquor, snacks, candy, soda, beauty etc). I don't think it will diminish from the experience. Plenty of higher end grocery stores do the same, even with a smaller footprint.
Whole Foods already carries all that stuff.
The thing I hate is they don’t carry regular Aspirin or Tylenol, Nyquil (your usual and basic over the counter medicines) instead they carry ‘homeopathic’ whatever useless ‘natural’ ‘medicines’ & ‘supplements’
Does your business 1) work in retail and 2) have more than 2% margin? Then Amazon is coming for you.
This is clever. So I'm curious, how is Amazon able to execute so effectively in so many different spaces? It would seem to me that any company endlessly extending itself into new markets is doomed to lose sight of its core competencies and eventually collapse under it's own weight. And yet Amazon still grows, and keeps executing. How is this possible? Is the 6 page memo the magic sauce of sprawling corporate empire g…
And not all of them crumbled. Walmart did great.
But today we have A/B testing, Platform reuse for other business line(Cloud, site, Warehouses, trucks, etc), more predictable supply chains(ML), scary marketing techniques, small flat teams augmented by powerful tools, generous funding from the stock market, etc.
Now Amazon has it all. Their competitors ? not so much.
Smart move. Whole Foods has a limited appeal. It's not just price - sometimes people want to buy Cheetos or pizza rolls that don't taste like cardboard. Slightly related thought: Why not design a store which allows instant fulfillment from a wide selection of goods while taking up less ground level space? I could see an Amazon/Walmart/etc store where you reserve the shelf space for presentation, but the goods are act…
Yes, I imagine a store in which you just walk around and scan QR codes on your phone and your bagged groceries are waiting for you when you walk out (all paid for on the app, too, so no checkout).
Not to mention, until robots can handle every variety of produce and package, isn't the real life manifestation basically going to be a sixteen year old dashing about in a mirror-store hidden in the back, tracing your footsteps, picking up the things you scan, and putting them in a cart?
I think the average Whole Foods has plenty of wasted space and that they could easily start to carry products that the average consumer has to go to a normal grocery/convenience store to buy (liquor, snacks, candy, soda, beauty etc). I don't think it will diminish from the experience. Plenty of higher end grocery stores do the same, even with a smaller footprint.
Whole Foods already carries all that stuff.
Earlier quoted context omitted.
Yes, I imagine a store in which you just walk around and scan QR codes on your phone and your bagged groceries are waiting for you when you walk out (all paid for on the app, too, so no checkout).
How is that better? It saves you from... pushing a cart? Not to mention, until robots can handle every variety of produce and package, isn't the real life manifestation basically going to be a sixteen year old dashing about in a mirror-store hidden in the back, tracing your footsteps, picking up the things you scan, and putting them in a cart?
1. Potential for less waste through 1) people not avoiding ugly produce, 2) not leaving refrigerated stuff on a non-refrigerated shelf, 3) leaving freezer doors open, 4) stealing things.
2. Less congestion in the browsing section.
3. Better stock tracking.
4. Easier stock management. You don't have to have people move stock between a warehouse and a shelf.
5. And yes, you don't have to push a cart.
There are significant drawbacks too. The biggest one I can think of is that the fulfillment mechanism doesn't actually exist.