How Alibaba Freshippo and Dingdong Got to Profitability in Ecommerce Groceries (1 of 2) (Tech Strategy – Daily Article)

Alibaba’s Freshippo and Dingdong are two of the leading ecommerce grocery companies in China. They have achieved profitability by reducing costs and improving margins. Some of the strategies they have used include:

Opening physical stores that serve as fulfillment centers for online orders
Using data analytics to optimize inventory levels and pricing
Offering same-day delivery
The strategies that Freshippo and Dingdong have used can be applied to other ecommerce grocery markets around the world.

Lessons in Competitive Advantage from Warren Buffett’s Omaha Businesses: Nebraska Furniture Mart (Tech Strategy – Daily Article)

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 […]

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Lessons in Competitive Advantage from Warren Buffett’s Omaha Businesses: Borsheims Jewelry (Tech Strategy – Daily Article)

Back in 2017 and 2018, I took a bunch of Peking University students to Omaha to have lunch with Warren Buffett. And we also did visits (arranged by Berkshire) to several of his private businesses around Omaha. And as every business he buys has a competitive advantage, it was a good chance to try and […]

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Alibaba’s 3 OMO Lessons for Magalu: How to Merge the Physical and Digital Worlds (2 of 2) (Tech Strategy – Daily Article)

Alibaba has three key lessons for Magalu, a Brazilian e-commerce company, on how to merge the physical and digital worlds to create a seamless customer experience. These lessons are:
1) Merge the physical and digital worlds to create a seamless customer experience.
2) Use data to personalize the customer experience.
3) Invest in technology to improve the customer experience.
The future of retail is OMO, and retailers that merge the physical and digital worlds will be the most successful.

An Introduction to Magazine Luiza / Magalu, the Online-Merge-Offline (OMO) Pioneer of Brazil (1 of 2) (Tech Strategy – Daily Article)

Magazine Luiza, also known as Magalu, is a leading entity in digitizing physical retail in Brazil, pushing the boundaries of Online-Merge-Offline (OMO) retail. The company’s unique ‘virtual stores’ concept in the 1990s set them up for digitization, and their strategic initiatives in recent years have further solidified their position as a tech-forward retailer. With a strong focus on growing product selection, enhancing user convenience, and improving the user experience, Magazine Luiza is well positioned to capitalize on the early stages of e-commerce adoption in Brazil.