i just came back from bedok point, the basement is empty all the shops have closed down
in april challenger bedok will reopen and in may harvery norman will take up all the units in the basement
in the past you can only get pc or laptop in sls or funan, no electronic stores like pertama sell them, at most they sell electronic type writer
steve jobs changed the computer industry into a consumer goods
now u just walk into courts, best denki or Harvey norman can buy tablet, laptop and pc
if u don't talk about the cpu unit, if u need a simple upgrade like a new mouse or simple monitor also can get from challenger
the market has become bigger as the price of computer has drop and more pple are educated on how to use a computer
however physical store owners are reluctant to change the game as the distro don't want to offend the sls shops by aggressively selling on their own estore and the brands they carried were not enough to entice consumer to buy
hwz accept advertising both from distro and sls shops, if it were to start an estore, it may offend the sls shops as they would think of hwz as a competitor
the initial start-up cost and the significant risk of failure stopped most pple from starting an online store for electronics goods
courts have one but is more for general electronics goods
recently redmart with funding by facebook founder is growing rapidly
I believe as the volume of goods increase, the unit price of good will go down thru economies of scale
I am surprise why sheng shiong and ntuc didn't push for estores and let redmart overtake them
I only found out about this eplanet yesterday as I was looking thru financial statements of listed companies to park my mountain of cash in my posb cash account
not advertising for anyone for those who read my postings
I will never buy from eplanet or redmart as I am a value for money consumer
look at my pc specs on the right and u will know that if everyone were like me and buy EOL products which is sold for almost no profit will go bankrupt
fortunately most consumer in Singapore are not like me
I think other than convergent, ban leong is also supplying the estore
the price they sell to eplanet is the same price they sell to sls stores
the consumers have to decide whether they like to save a few dollars to buy from sls or click a few buttons to wait for free shipping to their house
actually its the same, the few dollar u save is the same as u pay for them to send to your house
it depends whether u value your money or time more, depending on your opportunity cost or income level
I am a WP voter, put that doesn't mean I shouldn't buy GLCs stocks
if WP form the government, the GLCs stocks will also be controlled by them
one must be rational to separate politics and commercial decisions to form good judgement
good to see more discussion on this as the gov incentive have kick-start a electronic redmart
I hope the industrial will grow regionally in south-east asia as volume rise, then can use Singapore to house the estore servers and use Malaysia or Indonesia as the logistic hub to serve the region
when sim wong hoo told pple computer got sound, pple laugh at him
change is cuming
keekeekee