!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
Whole Foods customers are educated and high income. This type of person likes to see themselves as cosmopolitan and likes exotic foods from around the world. They are also willing to pay more than what is charged for the basic middle of the road foods at the local supermarket.
So one could sell many different exotic sauces from various countries at Whole Foods. The really strong sellers would stay on the shelves as they would at any business.
The weak sellers would be replaced, but messages would be left directing people who liked them to order the sauce on line from Amazon. If many people were more likely to try something they saw at a local store than something they saw on line, I believe many, perhaps most people, would follow this pattern, then Whole Foods could encourage customers to try exotic sauces and Amazon could serve the long term customers.
Sauces strike me as an obvious product, but no doubt there are many more.
This may help to explain why Amazon would want an upscale grocery store chain. There are many reasons why Amazon might want to have local outlets. Whole Foods may serve that purpose but is especially well positioned to implement this strategy as well.
Here is an index to my other pages on economics, and a short review of my qualifications in this field.
Tell me what you think. Here is my contact information..
Last updated March 27, 2017
This is my most popular economics page. A hopeful look at the prospects for the growth of the 3rd World.
How the 3rd World will become 1st World
A newer look at the prospects for 3rd World growth.
Gates says the low income category will be largely empty by 2035 This explains why he is right.
More Development Economics-Special Topics
Family farms thrive with factories die without them.
List of Free and Developed Nations Has your country made the club?
Democracy, Development, and Peace