Investors say these 8 businesses seem Amazon-proof
http://ift.tt/2yrg72N
Brendan McDermid/Reuters
It’s no secret that Amazon is a major threat to many businesses.
From its humble origins as an online bookseller, Amazon has expanded its business into groceries, streaming, cloud computing, advertising, and transportation logistics, to name a few. In the wake of recent rumors that it may be entering the athleisure market, it may seem that no business is safe from Amazon.
That may not be true, according to a recent investor survey from Morgan Stanley Research. Investors indicated that these eight industries are the least likely to be threatened by Amazon anytime soon.
Dollar stores
Joe Raedle/Getty Images
Shoppers at dollar stores care about price and location more than anything else. While Amazon is making efforts to improve shipping speeds from its warehouses and from its third-party suppliers, it can’t beat the prices that dollar stores offer. And at $99 each year, Prime is not feasible for those on a tight budget.
Autoparts
Pat Wortwick/AP
Though Amazon can deliver auto parts quickly and affordably, they don’t have the connections to dealerships that auto part companies like AutoZone have. Auto part shoppers also prefer the expertise provided by dedicated auto part retailers, which Amazon can’t match.
Home furnishings
Hollis Johnson
While some home shoppers are willing to buy furniture online without seeing it in person, others prefer home furnishing stores that allow them to get a better sense of how a couch or dresser might look in their home.
See the rest of the story at Business Insider
See Also:
- New York City will be bathed with orange light in support of its bid for Amazon’s $5 billion headquarters
- These 10 cities have the best chance of getting Amazon’s $5 billion headquarters, according to the data
- Amazon says these will be the 25 toys every kid wants this holiday season
business
via Business Insider http://ift.tt/eKERsB