The other day I saw an advertisement for a new retail store owned by a granite quarry. They were selling countertops and paving stones made of their own granite directly to consumers. I was flabbergasted – a stone quarry becoming a retailer!
This ad made me realize, once again, just how tough it is to be a middleman in today's economy.
If you run a business that distributes products between manufacturers and sellers, you know exactly what I'm talking about. You're almost certainly working harder and harder to serve fewer customers. And you're seeing your income continue to drop.
That's because the retail world has dramatically changed.
Photo by Rafe Saltman.