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One of the five forces Michael Porter had described that affect the industry competition is threat of substitute products and services. For conventional mom and pop stores, supermarkets and hypermarkets started posing threats. Then these supermarkets were challenged by the ecommerce giants. It seems that the new generation of startups are now challenging the ecommerce […]
The post Startups That Are Stealing Customers From Ecommerce Retail Businesses appeared first on Inc42 Magazine.