In Part 1, I went through Borsheims, Buffett’s jewelry retailer in Omaha. It has historically had a very strong business model, although this may be changing. And his jewelry business has a lot of interesting parallels to his biggest retail business, Nebraska Furniture Mart. Company 2: Nebraska Furniture Mart (NFM) I was in Omaha with […]
Category Archives: Location or Transportation Cost Advantage
Beer, Southwest and Why Location and Transportation Cost Advantages Are So Important (Asia Tech Strategy – Daily Lesson / Update)
Digital transformation and disruption are usually about attacking the cost structures of established business models. Software companies have long used digital economics to devastate traditional companies. When Marc Andreesen says “software eats the world”, he is mostly talking about costs. But as soon as you talk costs, everyone jumps to “economies of scale”. These are […]
How Coupang Is Building a Competitive Fortress in South Korea (Tech Strategy – Podcast 70)
Coupang is a South Korean e-commerce company that is building a competitive fortress in its home market. The company has a number of advantages, including economies of scale, a strong distribution network, and a focus on customer service. Coupang is also investing heavily in technology, which could give it an edge over its competitors.