I have read many threads about how we should support LFS and or why LFS are doomed to fail if they have to compete against online retailers, (estores).
And I see and understand that LFS need to charge higher prices to cover the cost of maintaining and operating a 'Brick and Mortar' business, while estores do not.
I am not sure I understand that. Dont online stores have buildings and warehouses and employees too? They have customer support also.
So, is the difference merely in volume? The online store sells more for less markup and that way generate the same, (or more) net income?
I have a couple other ideas, *gee I bet your surprised, but would like to hear yours, along with whether or not you think lfs is needed and how they will survive on just that limited use or need.
Bill
And I see and understand that LFS need to charge higher prices to cover the cost of maintaining and operating a 'Brick and Mortar' business, while estores do not.
I am not sure I understand that. Dont online stores have buildings and warehouses and employees too? They have customer support also.
So, is the difference merely in volume? The online store sells more for less markup and that way generate the same, (or more) net income?
I have a couple other ideas, *gee I bet your surprised, but would like to hear yours, along with whether or not you think lfs is needed and how they will survive on just that limited use or need.
Bill