Mr DIY won't last.. Too much competition from e-commerce that can sell cheaper.
As costs increases for them such as rent, electricity, wages.. They will have to increase their sales price per item which will eat into their profit. Somemore they have so many shoplots to sustain.
For e-commerce or online seller they just need to take into account price of goods or raw materials and probably abit of wages for their workers. Much less cost involved.
Nowadays my wife even buy vegetables, chicken, fish from online seller. More fresh and cheaper just need to know who is good. Even perishables are sold online nowadays!
This post has been edited by Davidtcf: Feb 23 2022, 09:55 AM
MR DIY IPO
Feb 23 2022, 09:54 AM
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