[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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