Uncover the three significant digital shifts revolutionizing the retail and ecommerce sectors in this comprehensive podcast by Jeffrey Towson. This episode offers a deep dive into these transformative changes and what they mean for the industry’s future. If you’re passionate about retail and ecommerce, this insightful discussion is a must-read.
I often get asked how JD competes with Alibaba (in ecommerce). Who is going to win? My answer is below. But first a little theory on the sources of competitive strength. My Checklist for Competitive Advantages I put competitive advantages in five buckets, with a total of 15 sub-types. That’s my checklist. But keep in […]
My standard question is: What is the quality of the business? I go through lots of checklists for this. It generally takes me 40 pages of written notes to get through a basic assessment of company quality. But the simple version is: What is the market size and its growth? Is there a long-term secular […]
In Part 1, I argued that Starbucks China most interesting competitor is not Luckin Coffee. It is HeyTea, an upscale Starbucks-type business focused on tea (something Chinese consumers really, really like). And to their credit, HeyTea appears to be mostly focusing not on digital innovation but on product development and continually thrilling their customers. Which […]
China / Asia is usually the most dynamic frontier for retail – and especially when it integrates with ecommerce. This is the result of a really big market and never-ending hyper-competition. It means there is always frantic innovating just to stay in the game. It’s a space I generally avoid because of the degree of […]
I’ve discussed Amazon’s basic business model in an article and podcast. What Amazon Should Copy from Alibaba and Pinduoduo (Tech Strategy – Podcast 124) Why I Really Like Amazon’s Strategy, Despite the Crap Consumer Experience (US-Asia Tech Strategy – Daily Article) And I basically argued that I look for 3 things in this type of […]
Amazon can learn a lot from Alibaba and Pinduoduo in terms of how to improve its consumer experience. Alibaba has integrated its ecommerce products with entertainment, payment, credit, and wealth management products, while Pinduoduo has focused on social commerce and group buying. Amazon could benefit from adopting some of these strategies in order to stay ahead of the competition.
In this article, Jeff Towson shares his experience of visiting the JD Qumei Furniture Store in China and discusses the future of new retail. He highlights the importance of creating a seamless online and offline shopping experience for customers and how JD.com is leading the way in this regard. Towson also talks about the role of technology in the future of retail and how it can be used to enhance the customer experience.
In this article, digital strategy consultant Jeff Towson shares his experience of visiting the JD Qumei Furniture Store in China and discusses the future of retail innovation strategy. He highlights the importance of creating a seamless online and offline shopping experience for customers and how JD.com is leading the way in this regard. Towson also talks about the role of technology in the future of retail and how it can be used to enhance the customer experience.
When you look for big competitive advantages on the cost side, it is usually about economies of scale – when a company with a larger volume has a lower per unit cost. Or, to be more precise, when a company has… …lower per unit costs based on a higher volume of production or throughput being […]