Main Street vs. Wall Street How a 4-person web design firm united 200 indie stores against a $40m competitor
What if someone said that they're spending $40 million to beat up your small business? That's what new online gift registry retailer Zola plans to do. (Please see attached NY Times picture.) Gift registries are the last refuge of small, Main Street businesses and Zola has borrowed (in the banking world they call it "raised") $40m to swipe this registry business. Zola is backed by the same ...
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October 3, 2010
October 3, 2010
Online shopping will increase while budgets for online operations will likely decrease
When considering how to spend one's time and money in building a business, it may be beneficial to look at predictions for the future. Most estimates predict that online shopping will increase. Conversely, retailers' budgets to add product to their websites will stay the same or shrink. Many companies have been cutting employees during the recession. With that in mind, we see that consumer demand will increase...
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