Amazon and eBay: Retail Killers Or Fighting for the 6 Percent?

20 Dec

Retailing: From A to Z by Joel Evans

Clearly, and eBay are major — and aggressive — price-oriented online retailers. And yes, they have clobbered some store retailers’ profit margins and driven many store retailers out of business. And yes, they are competing with each other as well as other retailers.
But, despite the prowess of such successful online retailers, is store-based retailing really headed to the graveyard or dinosaur status? As Mark Twain once said: “The reports of my death have been greatly exaggerated.”
The most underwritten-about statistic in all the stories about online retailers clobbering their store-based counterparts is SIX PERCENT. This is the value of total U.S. retail purchases completed online. Guess who generates 90+ percent?
Consider these observations by Jeff Himmelman, writing for the New York Times
“For some time now, physical retailers have lived in fear of the various ways in which Amazon can undercut them. If you’re looking for a product that…

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2 Responses to “Amazon and eBay: Retail Killers Or Fighting for the 6 Percent?”

  1. Evans on Marketing December 20, 2013 at 8:41 am #

    Check out this story. 🙂

    • Joseph N. Aragona January 29, 2014 at 12:11 pm #

      As much as online shopping has grown through the last decade I do not think On-site shopping will ever end. If a person is in an emergency situation that they need a item quick they will not be able to wait for an online shipping. For example, a crack in a water pipe in a home can be disasters and need to be dealt with quickly. A person need to take care of a problem like this within the same day.

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