Quote:
Originally Posted by DoubleF
Amazon's power isn't that they're an online retailer. Amazon's power is their logistics network and the economies of scale they have in it it that others won't have. It's basically identical to how Walmart obliterated the competition for brick and mortar in certain categories 30-40 years ago.
Saying more competition is meaningless if people don't realize the method that Amazon is using to be the giant it is. Companies have to compete on delivery and reliability, not online offerings.
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Spot on.
Most of the general public have no idea how Amazon is structured globally.