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Victor Wong is an entrepreneur. He is the CEO of PaperG.
"It's not what you make that matters, it's what you build that counts." |
Recently, I received a nice postcard from a friend who was explicitly trying to prop up her favorite dying US agency — a beautiful, thought though likely futile effort. It made me wonder about the future of businesses that primarily operate offline.
The Internet through the spread of email has permanently disrupted the main business of the US Postal Service, and the uptick in shipping packages to homes from e-tailers hasn’t quite made up for the lost business. That fact surprises me as I consider my recent Black Friday experience seeing many retail spaces remaining empty, big box stores appearing desperate, and online stores doing better than ever. The future of retail feels like it will be largely online with offline delivery for anything that doesn’t have to be consumed or used immediately. Such a future feels a little bleak when you try to imagine all the empty street windows.
That said, I don’t think that could really come to pass since some equilibrium will be reached. I have started to wonder what would keep retail spaces filled and bustling with business. I’ve come up with five ways this would be possible:
Some or all of these will likely to come true. I hope so because I would hate to live in a world of empty windows.