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From: | ril <ril99_99@yahoo.co.uk> |
Date: | Fri, 23 Jun 2000 11:18:49 +1200 |
The lead article in the Irish tabloid, The Herald, is missing from the front page of Sharechat for some reason today: the changes at Flying Pig. The profitability or otherwise of these internet companies is of a great deal of interest to me at the moment and I would like to make some comments. A while ago someone emailed me a breakdown (from either the Dom, Sunday Times or the Irish paper), on the comparatives for book purchases made on the internet for residents of NZ. Unsurprisingly, the cheapest net option was Flying Pig; as its warehouse is domiciled here and avoids international freight on a per item basis. However, the price at which it delivered was no cheaper than Whitcoulls on average. Today it announced it is laying off half its workforce. $4 million burned to date and the owner commenting that long term he thought that book sales would eventually work but sales of few other products would. Now, speaking personally when I buy a book I like to go to a shop and browse and would only buy on the net for a rare title. Ditto for music. For travel purchases I would rather go to an agent and chat about options and personal experiences and get ideas. What the internet doesn't deliver is what makes us human. Contact. Not contact through a computer but face to face. When people purchase face to face there are also subtleties. The attention one receives when handing over ones money for example. The wrapping of the good. The people around. The sitting in a cafe afterwards flicking through the purchase. I also feel that the above issues apply doubly to perfume and beauty products. It is also human nature to hope for a commercial nirvana and such has been the experience with the internet. Personally, it leaves me cold. ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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