As an operator of an e-commerce store, you must often ask yourself the question 'Would I prefer to be huge or expert?'.
I'm sure that Jeff Bezos has problems but it must be quite good being in charge of a business like Amazon. But for most of us, we can't ever expect to reach that size. So, what can we do instead? Should we go for size (and all that entails in terms of marketing and assiciated costs) or expertise? When you have some dominant players, there is a threat that they can just cut and cut prices to undermine everyone else and effectively kill off any more competition.
How can you survive and thrive in a market where the race to the bottom is always a threat?