There is a
common theme on Victraders.com this week and it relates to disruptors. When
Queen Victoria Market Traders went to the back door of manufacturers and
suppliers decades ago, offered cash for goods, and sold at reduced margins on
market stalls, they broke something.
They disrupted
the supply chain, undercut traditional retail stores with their high margins,
and gave our customers an exciting new option.
There has
since been a whole string of disruptions and right now there is an epidemic of
retail disruptions. The latest this week is Amazon’s announcement through
its newly acquired Whole Foods fresh foods business that it is going to
discount staple organic groceries. Those carefully nurtured and chemical free
fruit & vegetables that we have always been prepared to pay a little bit
more for (sometimes a lot more), are going to be discounted by one of the
biggest disruptors on the globe.
Respected
entrepreneur, Mark Zuckerberg, famously once said “Move fast, and break things.
Unless you are breaking stuff, you are not moving fast enough.”
What are
you going to break or disrupt?