Oops.
The above was supposed to read
“branding your own ham and having the local SUPER DUPER Mart sell it for you.”
Point is, right now that is a better model than paying $3,000/month for the privilege of selling someone else’s ham.
Good to hear.
My own little slice of heaven, Patchogue NY is currently “Long Island Chic” and the downtown is doing quite well.
It’s been on its back and then on top again more times than Stormy Daniels, so it’s easy to lose count and no one pretends it is a regional or national trend.
Very true, Gaius. There are a lot of factors that come into play.
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Earlier I wrote:
My local Sam’s Club sells over 300 rotisserie chickens per day, that’s one every two minutes.
There is no limit, but almost all the sales are for ONE chicken.
I believe most ma and pas would have trouble selling one every two minutes even if ma and pa charged much less than Sam’s.
What is your point?
He learned it from Walmart.
Did you see it in the OP? No.
Did you think to look if WaPo has ran negative stories about Amazon before alleging they haven’t? Clearly not.
It’s a non political point in a discussion about small businesses.
I understand that “we” are to apply the laws and prosecute that individual.
Yeah I saw them selling what looked to be a lot of chickens and then I asked “How many chickens do you guys sell a day.”
The answer (over 200, one every 2 minutes) confirmed that ma and pa stores will never have enough foot traffic to compete in a head-to-head vs the perceived convenience of big stores.
Then something on this thread reminded me that the billionaires in shark tank never invest in stores. They never spend money to sell someone else’s product.
They invest in the person who wants to put a product in Walmart, or Gold’s gym, or in Ruby Tuesday or Home Depot ir QVC or Amazon, but never in the person who wants to compete with Walmart, or Gold’s gym, or in Ruby Tuesday or Home Depot ir QVC or Amazon.
See the difference?
Don’t open a deli. Make roast beef, and baked ham, and smoked turkey, and pickled capers, and macaroni salad and sell those products to every deli and supermarket in your town. 
That’s not true.
Cousin Maine Lobsters for one example.
If they got their $$ from shark tank they were probably selling their own product and definitely not competing against MEGAFOOD TRUCKS Inc.
But your point is taken. Selling their own product on their own location in that case got funded as well.
You’ll also notice their truck is built with no bricks, and no mortar.
There is certainly room to open a string of sunglasses stands at a string of beaches, or antique stores in an antiquing district etc. etc., again not competing with Walmart or Amazon.
The general idea remains the smart guys are selling their own app at the existing app store, not trying to compete with the app store and sell the same-old apps already available there.
Might change back in a few decades.
Who’s going to sell the products if everyone wants to be a wholesaler?
Lulu my dear.
Respectfully,
I am describing a business trend.
It might be helpful if you make clear whether you are saying
“trends are not absolutes”
vs.
“no. that is not the trend. the trend is something else.”
TIA
please don’t drive in your condition
The analysis I am suggesting would look at the above food truck example this way:
-
Don’t buy or rent a store and sell someone elses premade lobster sandwiches.
-
Make your own lobster sandwiches and have other people spend their money (to buy or rent food trucks, to buy your franchise rights to buy your recipe etc…)
-
You may have to do the making and selling yourself for a while, but even then you are making and selling your lobster sandwiches.
-
In the end, much like someone with his own line of deli products, her own line of shoes, car-cooler-off spray or child-locator phone app. Someone else sells your product.
Granted, a sunglasses and surf hut on the trendy underinvested beach might still work. But in general, the retail-pursuance market today is oversaturated. Everybody and their sister wants to bet the family fortune that they can succeed as a retail-purveyor of other peoples products.
The smart money today does not compete against
Walmart,
Home Depot,
Amazon,
the Google App Store or
against other ma and pa retailers.
The smart money today creates a product and lets the above retail purveyors do the retail purveying.
Just a theory but it seems to be a good one.
Abolish mandatory arbitration, non-compete clauses, and other cronyist perks enforced by the government’s guns, too.
I’m not a business wonk but I agree the business model has undergone significant change.
My son, for instance, works for a B2B marketplace platform. They are nearing the end of needing venture capital (just got $100M in the last round) and now are going international.
It’s a whole new world out there in BusinessLand.
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The primary effect of minimum wages is to drive up wages in rural areas. Typically, by the time the min. wage gets increased, urban suburban wages are already above the old min. Such min. wages don’t increase urban wages at all.
Is artificially driving up rural wages a good thing? Meh. It’s a double-edged sword.
I appreciate your input @lulubee. And I hope I didn’t cram too many thoughts into my last post (I do that sometimes.)
Yes The business models are changing. Ten years (2007) ago we didn’t have Iphones.
Ten years before that (1997) Amazon had less revenue than a typical pizza shop because almost no one was willing to put their credit card # on the internet.
Ten years before that (1987) almost no one had a credit card and debit cards and atms had to be explained to anyone over 30 and you sure as heck couldn’t use debit to pay for groceries.
If a person chooses a job or major at age 18 and works until age 68 that 50 years witnesses a heck of a lot of changes in the economy.
We can make money off the change or we can do something else.
