Chewing the Fat with Jeff Fisher - 6/24/17 - Amazon Looking To The Future, People Better Catch Up

Episode Date: June 24, 2017

Amazon purchased Whole Foods and people who are not a fan of the decision better be prepared to see more companies taking a more aggressive approach. Which companies will survive and be around in the future?Follow Jeffy on Twitter: @JeffyMRALike Jeffy on Facebook: www.facebook.com/JeffFisherRadioFollow Jeffy on Instagram: @jeffymra Learn more about your ad choices. Visit megaphone.fm/adchoices

The Blaze Radio Network On Demand. The Jeff Fisher Show. Saturday mornings, 9 to noon Eastern. On the Blaze Radio Network. Now, most would say, isn't that, is that a beer? No. No.

This is a Coca-Cola Zero. Okay? Coca-Cola is zero. No, there's no alcohol mix. And you don't need alcohol to enjoy an ice-cold. Coca-Cola Zero. Now, has there been a, did I miss like a recall or something on Coke Zero? Because for a while here in the Metroplex, DFW, there was kind of a lack of Coke Zero's, a shortage, if you will.

And some of the big box stores like Sam's Club and Costco did not have the cases of Coca-Cola Zero. And some of the grocery chains did not have Coca-Cola zeros at all. They had, once in a while, you'd have some 12 packs. And once in a while, you have a couple 20 packs. But that was it. And so I'm just wondering what was there revamping. Even the big box stores were, you know, where you have, and not only the big box store, but the petrol stations like Racetrack and QT.

You know how they have the soda fountains, soda, and you go up and you get to, you know, Pepsi, Coke, Zero, there was no Coke Zero. I about went through the roof at Sam's Club because I thought, oh, okay, no problem. You know, at least I'll get an ice cold Coke Zero on ice from the soda fountain, even though I prefer. They have a separate can or bottle. The soda, I mean, the soda Coke Zero is, if the syrup is new, it's okay. And if I mix the proper ice, that's to be just right, though. Sometimes I screw it up.

I know it's a surprise. They didn't even have that. I couldn't believe, there was no Coke Zero. I couldn't believe it. Now, maybe Coca-Cola had a glutton of Diet Coke and that they needed to get rid of before it went out of date, which is very possible. So instead of creating Coke Zero,

more Coke Zero, they just, we'll let Coke Zero run out, and then they'll have to buy Diet Coke Zero. Diet Coke. And we'll just force them to buy diet Coke and drink Diet Coke until that until we get the almost out of date one's gone and then we'll create some more Coke zero. That's possible that that could have happened.

Yeah. Or some of the grocery chains, instead of having the big cases, some of the grocery chains had purchased pallets of 12 packs and 20 packs at a deal and those were starting to get out of date. So instead of creating more of the giant cases, they said, okay.

well, we'll let the grocery chains sell out of the sodas they've got in the back so they don't go out of date. Because what the grocery chains will do, the stores, at least back in the old time days, if Coke had a sale on cases of Coca-Cola for, you know, $2 a 12-pack. And they would be running a sale for your chain at, you know, whatever, $3 a 12-pack or whatever it is. So you buy 10 pallets, let's say, for example, of Coca-Cola's at $2 a case. Well, what you do is you want to order a little bit more so that when the Coke goes back to regular price, you're selling some of the Coca-Cola you purchased at the sale price. So you're making a tad bit more money on the same product.

Maybe that was the case. I don't know. But I just, I'm glad that we're back to the plethora of Coke zeros. You know what? I was, I'm looking at some stories about when Amazon bought Whole Foods and now what's going to happen. And if they're going to fire all the cashiers and how they're going to, what they're going to do to the industry.

And there's big stories on that. There's also big stories on now if you're in an industry. and we've talked about this before on this broadcast. If you're in an industry that hasn't been disrupted the way a lot of other retail businesses have, it's coming. It's coming. So be ready.

I mean, over 58% of executives report that they have invested over $100 million in data in order to get ahead of the curve. So it's coming. And Amazon is just, You know, the first. And if you're still doing things the way you've always done them, start thinking about how to do it differently,

especially any kind of business. Oh, my gosh. You guys, I mean, Amazon now with Whole Foods. And, I mean, we live in the Metroplex. And there are a lot of places around America that aren't so close to distribution centers for Amazon. But I mean, I can order something from Amazon Prime now on my app.

It'll be here before the end of the show. And what they want to do is they want to be able to just, they want me to go, yeah, I'd like this case of Coke Zero's delivered, you know, and I order it, and I push order. And about two minutes later, the case drops on my house. I mean, that's what Amazon is hoping. And I'm a fan of that. Man, do you need some more Coke zeros?

Boop. And they're at the house. I ordered, I mean, I ordered some books. Not for me. I don't read. But some books the other day. And I mean, they're there. Hello?

I mean, and they're there. So I'm Amazon Prime. Big fan. But, like Walmart's trying to catch up a little bit, I mean, Walmart doesn't quite do that. Now, you can order, you can pull up to Walmart and they'll bring it out to your car. I mean, that's kind of nice. Right? I mean, it's kind of nice.

I like that. You know, there's a lot of stores that are, you know, delivering now with the, with the, I'm trying to think of the one app. I can't remember the name of the app now, but you can get they, and it's for free. Yes, you can, you know, tip the people. who are delivering, but I mean, they'll, they go shopping for you. Send them a list. They'll shop for you. Bring it to the house. And if they don't have the particular product that you wanted, they'll text you and say, hey, they're out of Heinz ketchup. You want Hunt? I mean, of course the answer is no.

Go someplace else to get Heinz, dummy is the reply. But bring it right to your house, right then and there. Hello. And for a little bit more money, Need me to put this away for you too, sir? Nope, I already got a wife. But, you know, if you don't have a wife. And now they're concerned about the malls across America. I mean, stores are closing down left and right. We've talked about it here.

Brick and mortar stores are gone because people are able to, oh, I don't know, order on the internet and have it delivered to their home. That's not the same as just going to the store and being able to feel. the blouse and the fabric. Well, there'll be a few stores for you to go to, but, you know, good luck, God bless. Because Amazon will drop it on the top of your house in two hours, and you'll have the blouse of that, and then you'll be good.

Now, I believe that what was going to happen to the malls is that, you know, ESPN will start having drone races. They've just signed a big contract for drone races, and you can just start using the malls for their drone races. Those are the tracks. I know. Look. an imagination, huh?

My idea. Donald Trump's got nothing on me. I'll tell you that. But I think what they're going to do is either A, they're going to take some of these malls and just completely knock them down and make warehouses because they need distribution centers for companies like Amazon, like Walmart. What's left?

I mean, you've got Google. Every week we think about what's actually going to be like. and it's coming fast. Amazon, Google, Facebook. Pretty soon, either Amazon or Facebook will probably buy Netflix. Might as well. Netflix sold for $832 billion. It was cheap.

So that wouldn't surprise me. Google or Facebook. I mean, Amazon's doing their prime production, so it's going to be Google's turn to get to buy Netflix. so you'll have Amazon Google Facebook

Walmart anyone else I don't know I don't know maybe some of the bigger grocery chains will they probably would they would beat Amazon

with the whole food I mean Amazon's got the whole foods but they're not going to take on the major grocery chains probably That's a tough sell. So you end up with maybe four or five grocery chains across America. You need distribution centers for all of those.

So if you're, if you are doing things the same way as always, think again. I mean, I, the old story of, of making a roast and cutting the ends off the roast when you make the roast before you bake it. and the little girl asks her mom why she cuts the ends off the roast and the mom says, I don't know, we've always done it that way. Ask your grandma. And the little girl goes to her grandma and says, Grandma, how come we always cut the ends off the roast

before we bake it, put it in the oven and bake it? And the grandma says, I don't know, ask your great-grandmother. That's the way we've always done it. The little girl goes to the great-grandmother. Says, great-grandma, how come we cut the end? off of the roast before we put it in the oven and the great grandma says, I used to cut it off like that because I didn't have a pan

big enough. Think about it. Individuals and businesses with tax problems, listen carefully. If you owe over $10,000 in back taxes or have unfiled tax returns, we can help you take back control. The IRS is the largest and most aggressive

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