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Paul Miller
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When it comes to fulfillment, catalogers should try to be like Wal-Mart and Target by coming to live in customers’ towns. “It’s all about supply chain,” he said.
15. Finance. Tier 1 catalogers are able to score investment money. But their investors have non-ownership relationships with equity, Libey said. On the other hand, investors in tier 2 or 3 companies say, “We can’t give you a buck and a half without having 85 percent ownership of your company,” Libey said.
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