Who else here believes that Walmart....
- Thread starter Mourinho18
- Start date
I think the logic here is backwards,
Is your solution to poverty to only sell expensive items in high end nieghborhoods?
If you sell a consistent product at a lower price than your competition you will attract customers. If you sell the same brand of products or a slightly better one at a higher price you will lose customers.
If you place a store that sells high end products of great quality at high prices in an area where people really determine which brand of macaroni to buy by comparing the price (because they have to) then you will not be in business long.
The same holds true for low end businesses in high income areas, I don't expect that a Wal-mart would be in business very long on Rodeo Drive, Hollywood.
Form an opinion sure, but think it through, the only way to avoid this price based diversification is to pay all workers the same and offer only one type of each item, this has been tried, it did not work.
Is your solution to poverty to only sell expensive items in high end nieghborhoods?
If you sell a consistent product at a lower price than your competition you will attract customers. If you sell the same brand of products or a slightly better one at a higher price you will lose customers.
If you place a store that sells high end products of great quality at high prices in an area where people really determine which brand of macaroni to buy by comparing the price (because they have to) then you will not be in business long.
The same holds true for low end businesses in high income areas, I don't expect that a Wal-mart would be in business very long on Rodeo Drive, Hollywood.
Form an opinion sure, but think it through, the only way to avoid this price based diversification is to pay all workers the same and offer only one type of each item, this has been tried, it did not work.
Regardless of income....all sorts of people shop at Wally world and Sams. I say Sam Walton is a dick because of the simple fact that eventually in the world of free enterprise/market econ. walmart is a violation to the laws of monopoly if it does succeed in "killing" the small businesses. If the small business is good, it can sometimes do just as well with prices and build more of a personal clientel. Unfortunately the greed of the world lets the small man decide that "I won't take less" for a product when a little sacrafice will reward in the long run. My family is nothing but self owned small business.....they aren't gone, but also growing still. We're not rich but not starving either. Work for a dollar and the rewards will be much better than saying my product IS worth more rather than letting someone get 'burned' or decide a bit later that "f*ck, I wasted my money at wally world....shoulda, woulda, coulda gone to >>>> whatever small business" Some of the small businesses are too stubborn to sustain a business and 'make' business. Business is bargaining when you start. Everybody wants to start and turn a profit in the first fiscal year. Not always how it works.... However much I think walmart sucs as far as selling the semi low grade stuff and un-noticeably defective $hit.... I think people need to just simply do better than the laziness condoned by our society. P45 has it right...... Walmart/Sams aren't the only ones putting the pressure on.....get over it, just be better. You gotta spend it to make it. Spend the loans and make it back to pay them and get the dough!!!
Benfica540 said:
the internet is doing far more "damage" to these small businesses.
also, maybe its not WALMARTS or the INTERNETS fault but the small business who charge 100% more for their products.
why pay 120 for a pair of shoes at a shoe store when I can get the SAME shoes shipped to my door for 50.
I prefer to deal with small businesses but,,,, when I lived in bad nieghborhoods the stores I had access to nearby mainly sold crap, it is what their customers could afford. The only larger stores that would risk setting up in the area were places like Wal-mart and K-mart.
Until everyone earns a living wage that is the way things will remain. I don't like it but closing them down just degrades the quality of life in depressed areas even farther.
As for pointing the accusation of corporate greed at this type of company I think the blame needs to be spread a little farther. How about a ceo who loses money for stockholders for years, reduces workforce, cuts benefits and give himself a raise then recieves a golden parachute as inducement to retire. How about vice president in charge of advertising recieving more than a million a year and hiring only temps as office staff so he doesn't have to pay health benefits, and how about law makers who haven't done their own shopping in years saying that a minimum wage of $7.50 an hour will wreck our nations economy.
I don't Know the answers, I don't Know the cures, I do know that seeking anyone culprit or singling out volume dealers in low cost (if mediocre) goods is simplistic and futile.
Until everyone earns a living wage that is the way things will remain. I don't like it but closing them down just degrades the quality of life in depressed areas even farther.
As for pointing the accusation of corporate greed at this type of company I think the blame needs to be spread a little farther. How about a ceo who loses money for stockholders for years, reduces workforce, cuts benefits and give himself a raise then recieves a golden parachute as inducement to retire. How about vice president in charge of advertising recieving more than a million a year and hiring only temps as office staff so he doesn't have to pay health benefits, and how about law makers who haven't done their own shopping in years saying that a minimum wage of $7.50 an hour will wreck our nations economy.
I don't Know the answers, I don't Know the cures, I do know that seeking anyone culprit or singling out volume dealers in low cost (if mediocre) goods is simplistic and futile.
