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Trader Joe's Sails Against the E-commerce Tide

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Trader Joe's Sails Against the E-commerce Tide

B
Benzinga

2 Views • May 20, 2023

Description

Trader Joe's has chosen not to embrace e-commerce despite the surge in online shopping during the pandemic. In a recent episode of its podcast, the company's marketing executives cited the additional costs associated with offering e-commerce as a major deterrent. They emphasized that many retailers have underestimated the costs of providing online services and that "free shipping" is often misleading. The company argues that the "treasure hunt" experience cannot be replicated online and that virtual shopping limits customers' exposure to new products.