Amazon Expects 80-85% of to come from Small Cities – Today News.
14th September 2022
Amazon Expects 80-85% of Customers to come from Small
Cities – Today News.
Dear
Fellow Travellers,
Namaste! The mystery of Mr. Mistry’s death is the top post being read on our blogs for the last two days. Thanks. I just came across the above headlines in the newspaper
today. Last year Amazon sold Rs.22000 Cr something and booked a loss of Rs.2500
Cr odd amount. I am writing these figures from memory. So, you can consult
google for accurate figures, if you want.
How big is Amazon as a company?
You
have seen the standalone Movie Streaming platform – NETFLIX. You have also seen the standalone Music Streaming platform Spotify. You have also heard about Walmart.
Amazon is the combination of all the above companies and more when it comes to
the business empire and reaches.
It
has become a major threat to the above 3 companies in the USA.
Challenges for Small businessmen: -
Amazon
/ Flipkart / Ambani / Adani and other big corporations are after retail
businesses. Whether you like it or not they will have the major market share and take
away the major profits in the times to come.
In
such a time if you talk about VOCAL for LOCAL or persuade the people to buy
from the fellow shopkeeper is not going to work. As Small shop keepers themselves
buy their stuff online. Moreover, small shopkeepers are not willing to provide
certain after-sales services which these corporations are providing. What’s
more – they will also give you the rate which local shopkeepers can’t afford
to sell.
How to create personal wealth in the coming scenario?
My
one-line advice to all the readers is – “You
can be working in any market or any industry but if you are not active in STOCK
MARKET, you have very less chances of wealth creation in the coming time”. You can remember this statement in 2032.
India
has just crossed 10 Cr Demat accounts. If I deduct the multiple accounts then also,
we have about 7 crore investors taking part in the stock market. It means just 5%
of the population is in stocks.
It
also means that there is lesser competition in this market at this juncture. If
you enter this market with 10 years' view – I can assure you that your
generations will have tons of money to embrace new opportunities at that time.
If just 15-20% of the population comes to the
market – I see SENSEX can cross 150000 levels and Nifty 50000 in the coming 5
years’ time. Just remind me in 2027.
Those
who do not change now and stick to their old businesses – will blame their luck, the government for allowing private companies to take their businesses, and blah,
blah.
The
ideal way is to focus on the opportunities available in front of your eyes
rather than add on to losing businesses.
Earth moving to 5D and Mobile Moving to 5G: -
Early
in January 2022, we talked about the earth moving to 5D from 3D. It means we are
going from REAL to VIRTUAL in a simple sense. With the 5G technology becoming a
reality World Wide – the speed will be very fast and things will move in an unprecedented
way. If you are not changing FAST – you will remain at the mercy of GOD or the
Government.
What could be the possible steps you can take?
1. Study your present business and try to think how it
can get impacted in the coming times due to the above corporations.
2. Is your business Scalable? Do you have the money/ guts
and vision to expand your businesses?
3. What is the indication of your and your family’s
horoscope for the coming time?
4. What kind of wealth you can create if you just invest
say 25% of your capital into the stock market Now and go on adding to it in the coming
10 years’ time?
The
above kind of questions will give you an idea about the coming time in your personal
life/business future and personal wealth creations.
Don’t
worry about the coming time as it will come anyhow. Your worry will not change
your future. But, with our help, you can always DESIGN YOUR DESTINY. Be with me
and you will bless me in 2032 and lifetime.
If
you like our expertise and vision – you can approach us.
All
the best.
Follow
me on Twitter @hiteshmparikh / WhatsApp
- +91-9869425399.
Learn a Lesson. Live with Passion & Invest
with Reason.
Hitesh Parikh.
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