How three major online sellers changed the retail landscape in the Philippines - Lazada, Shopee and Zalora

Every generation needs a revolution - an entrepreneurial revolution

Due to the pandemic, people shifted to on line shopping, because of prohibition in malls, stay at home and many more rules.   Online shopping grew and retail giant mall operator Ayala wisely bought into Zalora

Bricks and mortar store giants:     SM, Family Mart, Alfa Mart, and lately Dali ate into sari sari store market share,  these on line stores are eating into the bricks and mortar sale.

E commerce is likely to be the future of retail in the Philippines (and possibly ASEAN.  In the US there is a torrent of retail closure due to on line shopping.     Could this development trigger similar events in the Philippine?   

See how these companies are establishing huge distribution hubs and infrastructures.   See how they have built massive Head Office

Questions:

1.  Will sari sari sari  stores go the  way of dinosaurs?   What must do in order to survive?

2.  Are bricks and mortar retail stores sustainable?  What must be their offensive and defensive move?

Scalability - the key to becoming wealthy

Every generation needs a revolution - an entrepreneurial revolution

I have seen some businesses of my progeny.  They invest in rental properties.    I doubt whether they can be wealthy doing this.

This reminds me of a story about a story of a Chinese businessman in Central Luzon whose initial business was selling office supplies.   He was selling to a govt office engaged in lending to residential homes.  So he bought and sold residential units one at a time.  Someone advised him he would not get rich that way.  The only way to be wealthy as a realtor is to develop large residential subdivision.  Which he

did 

This similar to inventions that can be patented or whose production can be controlled.  A potato farmer became rich by inventing a machine that peels potatoes by the millions.

I saw Australian businessman building hundreds of houses.  Only workers?  Himself and a secretary.  Everything else is contracted out

Can you think of scalable business?

More retail stores being established in PHL despite closing trend in US

Every generation needs a revolution - an entrepreneurial revolution

As this post travels and bikes, it is observed that the construction of retail convenient stores is on the rise.  The experience of this post is that retail margins are paper and even blade thin. Couple this with high

power costs  high labor costs due to night differential, security cost and theft from shoplifting and you can see that risks are high.

Or the business model is that of a convenience stores where margins could be 15% to 20%

See the folding up of many retail stores in US closing by the thousands (being replaced by on line stores)

Is the situation in the Philippines markedly different.?   Will the stores survive?