Thoughts on e-tail

Retailers have spent 50 years offering a wide range of options to scratch any shopping itch. They have trained consumers to expect, indeed demand, a wide range, but given their walls are not elastic, is it any wonder that that when the elastic walls of the e-tailer comes along, we do what they have trained us to do, check out all the options and buy the one that best meets our needs.

Another perspective is that retailers to date have had all the power, what got stocked had a chance of sale, so retailers charged suppliers to have their product on shelf, and charged more for the best sales positions, in effect mixing the picking of winners with extraction of cash from suppliers. Now, suppliers have another option, one where the usurious practices of bricks and mortar retailers is mitigated, and a product has the opportunity for sale on its merits, not just on the pocket size of the supplier.

Is it any wonder the shift to net shopping is gaining momentum, the retailers have only themselves to blame that they did not see the shift happening, or just wished it would go away, and failed to use their capital and position to carve out a position for themselves.

 

About strategyaudit

StrategyAudit is a boutique strategy and marketing consultancy concentrating on the challenges of the medium sized manufacturing businesses that make up the backbone of our economy. The particular focus is on their strategic and marketing development. as well as the business and operational efficiency improvements necessary for day to day commercial survival. We not only give advice, we go down "into the weeds" to ensure and enable implementation.
This entry was posted in Change, Customers, Marketing, Social Media, Strategy and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s