Wednesday, October 30, 2013

Best Reading of the Day - Entry 0052 Amazon.com and Groceries

During the dot-com bubble of the early 2000's we saw a number of traditionally brick & mortar businesses attempt to bring the business to the internet.  A number of these were high profile busts.  A few made it.

Amazon.com is definitely a success story from this era.

Groceries online is not.

So what if Amazon.com started to handle groceries?  Bloomberg.com has the best article I've yet read on this move:

http://www.bloomberg.com/news/2013-10-29/would-you-buy-groceries-on-amazon-.html

Here is a snippet from the article:

“It’s a tricky business,” Merzbacher told me, “not to be entered into lightly.”
Of course, I’m never ready to count Amazon out: For one thing, it doesn't seem all that fixated on actually, y’know, making a profit; and for another, Jeff Bezos is a strategic genius with a relentless focus on flawless implementation. The pilot program in Seattle, Amazon Fresh, seems to be doing OK, and, according to the Wall Street Journal, it’s spurring add-on sales of other items.

Happy reading,

J.W. Gant

No comments:

Post a Comment