The Big Read in short: After job cuts by e-commerce firms, what's next for online shopping?
Will a big e-commerce player eventually bow out due to the fierce competition, in a repeat of what happened in the ride-hailing sector a few years ago when Uber exited the market?
💼
https://tdy.sg/3I0MSpO
@todayonlinesg
That's how the free hand of the market will pan out.
As consumers just enjoy your savings and free shipping while it lasts.
As employees, just take your big fat salaries while you still have a job there.
No need to cry like an overgrown baby when the good things come to an end.
alipapa will uplorry?
no way.
(19-02-2024, 11:30 AM)EvertonDiehard Wrote: [ -> ]The good times won't last forever, but neither will the bad times. The gap in pricing between physical and online stores will be narrowed in the near future.
Bricks and mortar shops have the big disadvantages of high rental costs and either or both high labour costs and the difficulty of finding workers for the worker bee level work.
Online operators can store their stocks in a warehouse out of the prime areas and don't need to spend on expensive prime shop space.
Physical shops like Harvey normal and best dengue will be the places for buyers to hv the look and feel of the products they want to buy, and online stores are where they'll end up buying from