Who is the Mark Zuckerberg of retail? Who is the David Droga of retail? (You never heard Mr. Droga ask the question “How big can we get before we suck?) Is it Jeff Bezos? Where is the vision in retail? Who is going to makeover Sears as the first national Spanish language seller of goods and services?
Radio Shack lost $120M last quarter. Sears, J.C. Penny, Best Buy are hemorrhaging or are under pressure. Penny’s brought in a visionary retail guy — from Apple. Off the shelf vision? Didn’t work.
All those marketing folk with their PowerPoints talking about “disruption” and “market discontinuities” aren’t making any money by changing retail, they are getting honorariums and speaking in front of pop-up tables topped with water cruets and note pads. The seminar circuit.
Where’s the vision?
Some kid is going to have an epiphany while in a college books store and it is going to lead to real idea. That kid just might have the huevos to turn things upside down. Perhaps a free retail channel powered by advertising. Or the opposite — a high cost, high touch, high value, all-in subscription approach.
This is one ripe category. And there are a few dollars at stake.