Disruptor Meltdown? Steve Dennis Explains a New Retail Paradigm
The average consumer today can acquire his or her groceries, wardrobe and furniture on-demand, at their front door for a lower price than ever before. Delivery and e-commerce have fundamentally changed consumer behavior, but these disruptors could be in store for a new challenge themselves.
Sageberry Consulting Founder and Forbes Senior Contributor Steve Dennis recently published an article titled Retail Apocalypse? Maybe it’s Time to Worry About a Disruptor Meltdown which explained why unprofitable disruptors like Wayfair may not be long-term participants in the retail industry.
“It’s really unclear what they would have to do to be profitable other than to stop marketing so much, and raise their prices, in which case will consumers like them as much?,” Dennis explained.
While disruptors backed by venture capital investment have enjoyed the ability to offer lower prices and discounts that traditional sellers have not, Dennis believes those customer incentives still do not build legitimate customer loyalty.
“The bigger issue, more broadly, is the cost of acquiring customers. And it turns out it’s extremely expensive to build a brand online of any size,” Dennis said.
Gossip about Gossip: How Platforms Provide Content Creators with Cryptocurrency Payment
In the rapidly growing world of cryptocurrency, getting paid for certain types of content via the digital medium is a lot more layered than meets the eye. According to Cointelegraph, the COVID-19 pandemic has heightened crypto payments as there was an increase of these payments. As content creators use various web platforms to promote and […]
Gossip About Gossip: How Aberdeen Plans to Tokenize Investment Funds on Hedera
Private equity investments are often regarded as higher risk profiles than any other asset classes. Because of liquidity concerns and higher barriers of entry, everyday individual investors are steered away from alternative asset classes like private equity. That’s where fractionalization of large-scale investments through blockchain and DLT technology provides accessibility and privacy among individual investors. […]
Using HIP to Improve Hedera Hashgraph
The Hedera Improvement Proposal (HIP) is a process established to help developers formulate new ideas and improvements within Hedera Hashgraph. According to InfoQ, workplace feedback helps boost efficiency. The method allows the development team’s members to submit their suggestions and receive constructive criticism and opinions from fellow developers. HIP allows Hedera to have an orderly […]