First of all, I want to apologise for not posting very much over the last month. I have been very busy . Lots of weddings and DVD production and a very big personal project called "The Faces of Town" I may do a separate blog just for that project.
Right now I am watching something on CNBC called "The Age of Wal-Mart" Love them or hate them, Wal-Mart knows how to make money and how to cut costs. Overhead costs are the number one killer of the small business.
Wal-Mart keeps track of everything. What was sold. What did not sell. What sells best when a hurricane is due to hit your location, then they react by ordering more or less in real time.
EVERYTHING is about cutting costs and delivering products to the common person that they can afford. Now the flip side. Does Wal-Mart put such a squeeze on their suppliers that the suppliers can not make a profit ? I hope to find out with a DVD project that I am working on. It does not even involve photography. I will not say what it is other than to say that there is wealth in knowledge. Sell what you know. Because there is always someone that wants to know what you know. Thank you to all the new people that check out this blog. England, Germany and New Zealand are countries that have folks that have checked me out. Welcome to you all. Or as we say here in Georgia, welcome to all y'all. Photos from the Faces of Town project will be in the next post.
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2 comments:
"Faces" intrigues me. I'll check your blog daily for that post. I'm also interested to hear about the secret project you're working on...shoot me an e-mail or give me a call.
Wal-Mart does squeeze the suppliers to the point some have quit selling to W-Mart and/or they were too canbalized by Wal-Mart to make sales elsewhere.
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