Physical Retailers

topic on 3 shows · 3 statements across 3 episodes

WTF is with Nikhil Kamath Top Founders 20VC

3 statements about Physical Retailers, every show

WTF Insight
Biyani: Physical-first retailers fail at digital because they cannot think digital
“Being physical, attempting digital was the biggest mistake, because you can't think digital. People who are born digital, think digital. So you were born physical and thinking digital was adding one more layer, but that doesn't work.”
Kishore Biyani May 7, 2023 ▶ 42:19 Ep #3| WTF is E-commerce: Kishore Biyani, Udaan & Meesho Founders Reveal What Sells and What Doesn’t · Nikhil Kamath
20VC Insight
Harley Finkelstein: Physical retail stores must add value beyond location
“These physical retailers fundamentally need to understand that they have to add value and just being there, just having a store on its own is not enough.”
Harley Finkelstein May 12, 2017 ▶ 17:21 20VC: Building Shopify From $5m To IPO, Why The Future Of Retail Is Not Online vs Offline & Why Law School Is Like Finishing School For Entrepreneurs with Harley Finkelstein, COO @ Shopify
Magnan-Saurin: Ad clicks create no value for physical retailers
“Nowadays all the digital advertising platform are entirely focused on click. They optimize the clicks, they measure the click, but the click is fine for e-retailers because it equals a visit, but for a physical retailers clicks doesn't create value. They need …”
Olivier Magnan-Saurin Mar 14, 2017 ▶ 1:42 EP 598: Fidzup Riases $3.7M, Helping 2500 Retail Locations Track In Store Visits From Advertising, 25 Team with CEO Olivier Magnan-Saurin

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