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Feb 25, 2017
11:19:29am
CrimWalCoug All-American in practice
Amazon, Walmart, and Costco will be three of the last retailers standing.
Very little inroads have been made with grocery online, but someone will figure it out. Walmart is doing some interesting things with Grocery Pickup.

The thing that is most striking to me is very few e-commerce pure players are profitable. E-commerce is not the most cost-effective way to get goods to consumers. Around 75% of the cost of e-commerce shipping is transporting the goods the last mile to the consumer. Brick and mortar retailers can save this 75% of shipping costs because consumers travel to the product and pick it up themselves.
CrimWalCoug
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CrimWalCoug
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Apr 7, 2016
Last login
Apr 27, 2024
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17,417 (2,217 FO)