Enough with this "I short haha make money BS" no one believes you and most people are just humoring you. I can do the same haha BS you pull by just checking which stocks go down a particular week and go "haha hihi" in the corresponding forum section. If you are so good then you wouldn't have invested most of your money in 2010 in telstra and you would instead be putting them in REA, CSL, Cohlear, A2M, Bellamy and the like and better yet Apple and the friggin amazon share itself since you love it so much. You can keep doing it and play pretend to be an action hero but it is getting incessant for no effect other than being annoying. Stop lying to yourself and others and talk like the real you talking not the troll baiter action hero facade.
So we got that out of the way...
Where has amazon succesfully plunder? What market share? Where? Even in Canada it only has 1% market share not including food retail and most of that 1% is in the online space. We can also derive facts from the case study of immaterial impact in health and beauty as well as pharmaceuticals sales. We see the same case and context in the UK with 3% excluding food and again mostly online space. Even in the US where labour cost is so low, population very high and infrastructure is so well established we only see 5%, again excluding food retail and mostly online space. If we count food retail in all of the situations then the number would go way lower, in fact amazon in the US has reached such a peak at current level that it is compelled to buy physical organic food store. So we see hard factual evidence and pattern being repeated over and over so what are you basing your ASSUMPTIONS on? It is important to note that even coles and woolworth are struggling with their profits and even making losses at times. Does that mean that they are going under? Amazon? Funnily enough weak consumer sentiments affect all retail bar none including car sales. Car sales? Amazon too? See how ridiculous what you are spouting sounds now.
Just like how I explained to eagle bird in a short outlining of the difference in fundamentals between TRS and API, you can not put a blanket statement on all retailers. You may not know this because you are a male-homophobic-social recluse-far right- butterly angry retiree but what priceline is selling are DAILY ESSENTIAL STAPLES and not discretionary in the context of the contemporary modern world. You will never see millenial girls or girls in general without make up. They would forgo food before they will go out without some soft battle armor on. Those same people, if you ask them where they buy their cosmetics daily then they would say with consensus DJ, Myer, PRICELINE, CW and that's it nowhere else. The items are also relatively very low value that deter online delivery services because the postage themselves would sometime be 100%++++ of the actual cost of the purchased product. Think of it this way,
BB cream, $13; eye liner say $8; Shampoo $4; total cost $25, would you pay $7.99 postage (Not including handling cost) or 30% of the total purchase cost for it? Obviously not. Does amazon prime offer free postage? NO. Would anyone be able to afford giving free postage given high operating cost here in Australia? NO.
This is retailers such as priceline, woolies, coles, etc
Imagine another product
An iphone, $1400; Bluetooth headphone, $130; External battery, $45; total cost $1575, would you pay $13 postage (not including handling cost) or 0.8% of the total purchase cost for it? Absolutely! Heck some retailer provide courier postal service free because the margin is already satiated.
This is retailers such as kogan, harvey norman, Jb HiFI, etc
Which of the the two would be impacted by amazon? Yep the second case.
I have presented to you hard historical facts, logical explanation and real economic case studies. Still think Amazon? We also have ebay for years.....
What impacting API bottom line is consumer purchasing power and that is it, not amazon, not ebay, etc.
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