As a small retailer trying to survive in today's crazy internet shopping obsessed world, the question we (meaning us at H&H) often ask ourselves is what is the future of retailing? In the next 5 years will our loyal customer even come into our store anymore or will they be solely contacting us via the internet? Will there be a place in the big over connected world wide web for smaller retailers who don't have the resources to compete with the big retail kahunas out there?
No doubt we struggle to compete with all the emerging discounts sites that are happily stealing away some of our clients. (Never mind the fact that the a majority of the goods that they are selling are last years or last seasons leftovers.) But as the big get bigger and more powerful, how is your local 'main street' boutique ever going to survive?
A recent article in Fast Company addresses this concern by focusing on a company that Ebay recently acquired called Milo. Milo.com is attempting to bring "every product on every shelf in every store in the physical world onto the Internet."
Ebay believes that "in the next three to five years, we're about to see more change in how consumers shop and pay than in the last decade."
If you are interested in this topic, be sure to check out the interesting Fast Company article
How Jack Abraham I Reinventing Ebay. Not only will you see a brilliant and insightful quote by me, Alanna Klein (ha ha) but you will also learn a lot about how the major retailers out there are working to shape our shopping experiences of tomorrow.
While all these changes are exciting and amazing, they can also be daunting. As a small business owner keeping up with the ever evolving business environment created by this new technology is paramount.
We at Honeys & Heroes want to continue to be a part of your life and community for many years to come. We plan on doing our best to keep up with these exciting changes as well as offer more to you and your kids in terms of content and a new type of web shopping experience in the future.
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