Why Indomaret & Alfamart Always Close Together? Hotelling Theory in 1929
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 Published On Apr 25, 2020

(CORRECTIONS)
1. Ancol - North Jakarta
2. In 1989 it was first built in Alfa Gudang Rabat, and in 1999, Alfamart was built for the first time, like the minimarkets we see today
3. Point of balance: Equilibrium
Sorry and thank you for reminding us 🙏

Why are Indomaret and Alfamart always close together? There is an explanation regarding the hotelling theory. This video begins with a prank of seeing the Indomaret and Alfamart phenomena which are always close together. Not always, but many close together. Alfamart and Indomaret always compete to provide the latest promos. The history of Indomaret actually predates Alfamart. But each of them has its advantages.

Chapters
00:00 Intro and history
01:16 5 Reasons why it's always close together
03:06 Mr explanation. Harold Hotelling
03:30 Simple analogy why Indomaret & Alfamart are close together
05:41 Like at Indomaret / Alfamart?

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