Must Read interview with Jeff Bezos
Wired has a good interview with Jeff Bezos, you can read it here
Here is a quote from it:
"Q: How much of retail sales do you think eventually will be online, and how much offline?"
"A: I think online ultimately will be 10 to 15 percent of retail. The vast majority of retailing will stay in the physical world because people have acute needs, they want things now. Also, there are products, like a yard rake, where the economics of delivery don't make sense. But a 600-pound table saw is a great item to sell online because it always gets delivered. And it's expensive enough that there is enough profit in it to cover the cost of shipping. Plasma TVs, same idea."
