Now why wouldn’t these same companies with their Chinese brick and mortar sales being adversely impacted not start to market their products through on-line shopping sites extant in China?
They have access to more competitive products through the Net and might be buying in bulk.
yeah. Wouldn’t that be the obvious thing to do? internet shopping has been around a while guys. Wake up.
They are doing so, but it takes time and money to create the software and infrastructure to do mass retail on the Internet — and it is quite another and harder thing to do it profitably. Meanwhile, the routine demands of investment and management of bricks and mortar stores must be attended to.
On the Internet and commerce, we have around 100 million American adults out of work. Migrant workers from around the world have been bringing word of impending world slavery and possible genocide for over a decade. We simply can’t buy as much as before. Some people in many parts of the world are sharing knowledge and collaborating on small design projects to try to become more self-sufficient and help each other with everything from radios to tractors. Anti-competition plutocrats and the over-regulating governments owned by them have failed us.
Sorry, I wasn’t very clear with the first reply. Chinese consumers probably have access to more competitive products through the Net than older established companies can afford. And some of them might be buying in bulk.
But on second thought, I remember working in retail for others. It’s not necessarily the producers of those products who are not competitive. It’s more likely the local retail stores marking things up too much. The old key-stoning (100% markup) by local merchants is becoming a thing of the past.