[LINK] Kogan on Online Retail....

David Boxall david.boxall at hunterlink.net.au
Sat Jan 8 15:53:25 AEDT 2011


On 7/01/2011 3:54 PM, Tim O'Leary wrote:
> ...
> Harvey predicted online retailing will not make any money for
> entrepreneurs ...
The profit from each online transaction is far less than that from an 
otherwise identical bricks-&-mortar transaction. That's why Harvey wants 
nothing to do with it. It's also why purchasers are abandoning 
bricks-&-mortar.

It seems to me that Gerry Harvey is, like many (perhaps all) free 
marketeers, in favour of free markets until they find that they can't 
compete.

-- 
David Boxall                    |  Dogs look up to us
                                |  And cats look down on us
http://david.boxall.id.au       |  But pigs treat us as equals
                                                    --Winston Churchill



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