Bonsai brands
Good article about the notable differences in B2C ecommerce vs. traditional retailing and the explosion of digital-only brands (called “Bonsai” brands). This, in concert with the Amazon “halo” brand sets up a new model for digital businesses.
…We think many of the new DTC businesses are Bonsai Brands. They look very like big successful businesses. But they are a lot smaller and don’t grow beyond a certain size.
https://www.linkedin.com/pulse/bonsai-brands-simon-andrews/
The factors that enabled big brands to get really big just don’t apply in the GAFA age.