Skip to main content

Posts

Showing posts with the label Warby Parker

Just my thoughts #0766

Sometimes one event causes another. In such cases, the first event is often the result of a previous event that led to it. For example, if you roll a die and get a 3, that result already includes the number 3 on the die. If that’s the case, then we should consider that the number of ‘beings born’ in this world is very small compared to ‘things that never came into existence.’ ‘Coincidence’ is thinking that something can happen randomly, and ‘intention’ is excluding the birth of other things to make it happen. - Joseph’s “just my thoughts”

Just my thoughts #0608

Warby Parker , an eyewear brand renowned for its direct-to-consumer (D2C) business model , and Allbirds , an eco-friendly shoe brand that went public on NASDAQ in 2021, exemplify innovation in connecting manufacturers directly with consumers without intermediaries. This model promotes a positive image by endorsing an eco-friendly business approach. However, the disclosure of the companies’ financial statements revealed that both had accumulated losses greater than anticipated. While it would have been ideal for manufacturers to supply products directly to consumers, the burden of inventory increased along with rising administrative and marketing costs. Distributors in the middle shared profits, but they also shouldered the financial burden. Choosing eco-friendly options often incurs higher costs due to the search for alternatives, which can lead to accumulating losses. Pollution negatively impacts both consumers and suppliers, and business deficits further inflict additional damage t...