Quote:
Originally Posted by TimUnleashed
Creative destruction? I'm not familiar with that term... but if you say so
I guess my thinking is more from the perspective that if the economy in general is doing well then we all do well. I don't necessarily need to get more sales than anyone else, but if we give people a reason to enter the malls then we have a greater chance of making sales than if they don't enter the malls. For the greater good of the community, diversity is incredibly powerful in my opinion. It also creates more competition, and healthy competition is a good thing for everyone except tycoons, methinks.
I agree with you, and would only add that my perspective is that there is an opportunity in the fact that people aren't currently motivated to go to malls. If we can find ways of giving that motivation, by value-adding (see our website for how WE'RE trying to achieve that), then more people will come to the malls and every shop owner benefits, as well as the economy as a whole.
Good point. I agree.
Yep value adding is the way to attract people to shops. There are things that auction can't do - like show you an entire suit of armour in one hit (IF you know where to shop, of course - but it's a shopkeeper's responsibility to make that known).
Auction really is a very easy way out for the majority of people, and allows one to be VERY lazy in terms of trade. This makes shops looks harder to use than they actually are. Whenever I give myself a tour of the malls, I'm always pleasantly surprised by all the interesting things I come across, and it's always an enjoyable experience. Like going to a bookshop instead of amazon.com.
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Creative destruction is an economics term. Essentially, the idea is as follows: The US grows alot of grain and a few independent people make 4 or 5 automobiles a year. Then one day, a guy named Henry makes a car and is cheeky enough to name it after himself, and makes a Ford factory that's hugely efficient. Thus, all those indy car makers are wiped out (the destruction) while the economy hires more people and produces more cars (creation). Hence creative destruction, one of the best things in economics (or else we'd all still be blacksmiths and shepherds).
Yes, Value Added is the key. They really need a way to make it have that catalog so that people know where shops are, but honestly I think it'd be great if shops even started thinking and planning more within their local community, maybe locating all the fashion shops together, all the armor shops, etc (or at least big groups of them), so that people who have an interest in a particular product will be more encouraged to "stroll the selection" rather than be off-put by having to go through fifty fashion shops to find the ghost armor they want....