Y’all throwing the term outdated around like it’s nothing.. Can you elaborate on how it’s an outdated business model?
paper media is dying, newspapers, monthly mags, its dying. It takes up space in warehouses and store shelves and that costs money, the paper its made of and the ink you print cost money.
Digital books are far better in that you can host them for sale for less than it takes to print stock and deliver and then stock at store locations.
Amazon figured this out when they almost went out of business after the 90s dot com bubble burst, this is why they used their logistic system for book storage and delivery and were able to transition that asset to their main selling feature to other stores and survive and grow.
Printed book is a niche market now, and all the big book retailers are going to go out of business, its not a matter of if but when.
And we think we doing something selling bodysuits and shirts with "Unapologictically Black"
I'm not trying to shyt on my people, but, we need to open our eyes. Capitalism is a sharks game and we guppies.
Even Walmart feeling the crunch and we think opening grocery stores gonna save us.
Its a shark game for producers, its great for buyers, that competition generates low prices for goods, and higher standards of living on less money.
Instead of being scared of it, embrace the competition, its literally a rising tide economically.