Tag: Competition
Barnes & Noble Disrupted
I remember the day the Borders in West Windsor closed. It was sad walking through the isles with empty shelves.
But I’m torn because I’m part of the problem. I shop a lot on Amazon. Price is only part of the reason I shop on Amazon. A small part. I shop at Amazon mostly out of convenience. I don't like malls. I don't like shopping.
With Amazon I can look through a catalog of products, read the reviews, make a purchasing decision, and expect delivery within a few days via Amazon Prime.
I don't do all my shopping with Amazon. I still shop locally. I look for items with local shops first. I want to support the people who live in and own businesses in my neighborhood. I tell myself that when I shop locally, I am supporting the local economy. The money spent at local stores helps support the very kids my kids sit next to in class.
But my town has no local bookstore. We used to have a used bookstore. We don't have any electronics stores. The Radio Shack closed.
But I don't shop at Best Buy either. I don't shop at Target. Amazon has more variety and convenient and quicker shipping. Via an app on my iPad.
Learning from competition
Hmm … this one will stick with me all day. I don’t sell a product but one could argue that I sell my services to my full-time employer. What am I going to do today that will help me understand and overcome the shortcomings of the service I’m selling to them?