Local tackle shops episode

[Broad Bill]

Find it interesting to have an online podcast discussing the demise of the small business tackle shop owner due to pressures from online competition. Any business that has an online presence, brick and mortar stores are done unless somehow they change their offering. It starts with wholesalers who get a greater margin selling direct to the consumer online than they do by selling through retailers or distributors. Why share the profit when you can keep it all for yourself. Read the story of what happened to our own Eyes on First Avenue and it'll give you an idea of how the large wholesale companies want to market and sell their products. If there's not economies of scale, no business much less a small business will survive and the internet took away the economies of scale from local tackle shops which for years rested on the shoulders of local small business owners.

Don't mean to be a wet blanket but in that particular space you either adapt or close your doors.