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In most Western countries, the online food market is still in its infancy and a niche segment. One reason is that initia...

  • Category: Other Services
  • Published: 25/07/2016
  • Current Rating: /5 0 Vote

    Description

    In most Western countries, the online food market is still in its infancy and a niche segment. One reason is that initial investments are high, with outlays required for infrastructure (mainly new or upgraded operations), software, and marketing, among other things, and potentially higher operating costs. The investments also come with higher risk because of market uncertainties. A well-balanced assortment is vital for sustainable growth as profitability, logistics requirements, and costs differ significantly across product categories (for example, canned food versus fresh food).


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