Future Commerce

"There's Always Money in the Banana Stand"


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Show Notes
At the forefront of innovation: B-A-N-A-N-A-S.
  • The One-A-Day Banana nearly broke the internet. One package, six bananas varying in ripeness so you can have the perfect ripeness each day.

  • This could be a good solution for grocery delivery services because produce is a big challenge for them. It's tough to get the perfect avocado or banana when you order online.

    Rent the Runway has received a $200 million loan
    • This will lead to even bigger growth for the growing clothing subscription service.

    • Their business model aligns with studies that claim more young people are buying clothes just to share them on Instagram, then return them.

      Clicks Seeking Bricks
      • In a recent interview Natalie Berg said "clicks are looking for bricks"

      • There was a structural advantage for ecommerce at one time being online only, but now that ecommerce is more prevalent, brick and mortar can be an advantage again for fulfillment and custom experience.

      • This is what makes Walmart a genuine threat to the big A. They have a huge structural advantage that can bolster their online sales.

        Can Target compete with Amazon and Walmart online?
        • Target acquired Shipt to be more aggressive on their ecommerce front.

        • There was a lot of hype about same-day delivery, but for many, the primary option is free two day shipping on orders of $35+.

        • Their in-house brands for clothing and furniture offer unique value over Walmart and Amazon for certain demographics.

          Is Walmart still a bad guy?
          • Amazon's competitive practices and working conditions make Walmart look like Trader Joe's.

          • Walmart is slowly shedding the stigma it gained in the 90's and 2000's.

          • Walmart has been a better contributor to the technology community, which has helped them get more web talent.

            Is Amazon basically Thanos?
            • Jason Goldberg asked, "If Amazon were the only ecommerce provider in the US, could they implement a small but significant price increase?" or would offline retailers keep their prices low?

            • This question is a helpful indicator for whether Amazon is crossing anti-trust lines.

            • If Amazon and AWS were the go away, the internet would be devastated.

            • Amazon continues to launch new in-house brands, spreading their reach.

            • Though we may not be there yet, this conversation about Amazon is important.

              Ok, wait, maybe Google is Thanos
              • Google has more data about us than any other company, by far. Why aren't we raising more flags about them?
              • Targeting Discrimination
                • Facebook hit with housing discrimination complaint by HUD because of filtering options that gave advertisers the option to filter by race, sex, religion, disability and other characteristics.

                • This should add perspective for advertising in all fields and the common practices that may be deemed discriminatory.

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                  Future CommerceBy Phillip Jackson, Brian Lange

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