Monday, November 08, 2021 3:36:05 PM
SaaM review...
!st, my apologies for monopolizing the board this morning, but I was reviewing an interview with Jay Hutton from Sept.9 (probably for the 5th time!!) and just wanted to pass on a few thoughts. And the reason I go back and review is that things are changing so quickly for the company and a lot of the "behind the scenes" information we can now piece together with some of Jay's past comments.
Bricks and mortar is the way of the future for product development and of the 4 major product categories ( drugs, grocery, C-store, and DIY), 88% of fulfillment is done in person and NOT online.
And for the brands, they want to have an intimate relationship with the customer, and digitization is a way to go past the retailer directly to the customer! In this interview, Jay comments "I had a Chief Digital Officer of a $52B company say to him that THE STORE IS TODAY WHERE GOOGLE WAS IN 1994!" That in itself is really a revelation, but we now know that that the person who made that statement was Jose Avalos, the Founder & CEO of Austin GIS Inc.
VSBLTY is partners with some of the top players in the game, and the focus on bricks and mortar as a medium is in a vortex that is changing, FOREVER.
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