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by xoa
1713 days ago
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>To be fair the level of competition in physical stores is way beyond what we have online. That is an absolutely ludicrously absurd statement. Physical stores are physical, by definition they have vastly more scarcity. There is only so much physical land in high density areas, and physical stores that are even tens of minutes away, let alone hours, are in an enormously different competitive situation to ones nearby. Whereas online I have vast numbers of stores that are all perfectly equal "distance" away. They are freed from many if not all of the tradeoffs in storage space vs convenient (and very expensive) locations. Online stores are cheaper both to start and operate. Someone can reach a global audience from literally their garage. In comparison, a huge percentage of the country has maybe single digit stores within 30 minutes of driving. There is no competition at all... except from online. |
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That's also a part of the country that doesn't have a ton of people.
Again, I wish this applied to physical stores. But the fact that it doesn't, doesn't mean we should say this is a bad bill.