Markets in Everything: Virtual Mobile Phone Grocery Stores in South Korea Subway Stations
HT: Eric
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Sunday, July 31, 2011
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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3 Comments:
an awesome convergence of modern technology and the evolving modern lifestyle.
Interesting use of the tech. I don't see why the Koreans don't just shop on the website at home though, seems easier than walking around staring at the tiny display on their smartphone. I've been doing my grocery shopping exclusively online for 3-4 years now and it's great. I always hated shopping generally but it's so much easier online, cuz I can just fill my shopping cart with the same items from my last purchase then swap out some stuff for the next purchase. Comparing prices is much easier because Safeway has stats like price/oz, so I actually spend more time than I ever would have in a store looking for a deal and for alternatives.
Well the Koreans are finally getting around (it seems) to doing what the Japanese have been able to do for some thirty plus years now, shop on the spot for something that is needed on the spot...
I was shocked the first time I saw massive banks of vending machines in various Tokyo subway stations and at other sites...
One could if one was so moved by a whole change of clothes, liquor, hot food, phones, many grocery items, and so on and so forth...
"I don't see why the Koreans don't just shop on the website at home though..."...
Well Sprewell I'm guessing that the Koreans do shop for many things online since they've had an internet infrastructure more deeply imbedded in their society longer than we've had it here in the states...
Sometimes one needs something right now and can't/won't wait for the delivery service to bring it around to the domicile...
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