A summary of amazons business essay

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A summary of amazons business essay

We are guided by four principles: In each of our segments, we serve our primary customer sets, consisting of consumers, sellers, developers, enterprises, and content creators. We serve consumers through our retail websites and physical stores and focus on selection, price, and convenience. We design our websites to enable hundreds of millions of unique products to be sold by us and by third parties across dozens of product categories.

Customers access our offerings through our websites, mobile apps, Alexa, and physically visiting our stores. We also manufacture and sell electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, and Echo devices, and we develop and produce media content.

We strive to offer our customers the lowest prices possible through low everyday product pricing and shipping offers, and to improve our operating efficiencies so that we can continue to lower prices for our customers.

We also provide easy-to-use functionality, fast and reliable fulfillment, and timely customer service. In addition, we offer Amazon Prime, an annual membership program that includes unlimited free shipping on tens of millions of items, access to unlimited instant streaming of thousands of movies and TV episodes, and other benefits.

We believe that the principal competitive factors in our retail businesses include selection, price, and convenience, including fast and reliable fulfillment.

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Low cost structure, the largest merchandise selection and a huge number of third party sellers Amazon is the largest online retailer in the world.

Amazon growth rate compared to e-commerce sales growth in U. Amazon financial reports[1] and Digital Commerce [2] Note that Amazon has grown much faster than the entire U. What is the key to such success?

Seeking Alpha[3] A low-cost structure leads to lower prices, which combined with a huge range of products, results in a better customer experience. All of these factors lead to faster business growth for Amazon. Amazon follows a cost leadership strategy, but so do many other online and offline retailers.

Why then does Amazon outperform them? Online marketplaces also potentially allow for selling more units without any increase in marginal costs. Amazon constantly invests in both additional fulfillment centers and to existing centers to enable a reduction in order fulfillment times and shipping costs.

These time and cost savings result in lower prices that are passed on to consumers. According to ScrapeHero[4], Amazon sells around This vast difference in range is the reason why online customers are more likely to visit Amazon.

Third party sellers are mainly attracted to because of the high volume of traffic on Amazon sites. Low prices, a huge product range and the vast number of third party sellers are all key factors in improving the Amazon customer experience and in driving more traffic to their sites. Few companies can compete with Amazon in any of these areas.

For Amazon as an online retailer, the key place to sell its goods is its website. To run an e-commerce website with millions of visitors each day the company had to invest heavily in its server infrastructure.

These investments and the resulting server capacity have helped AWS to grow. In return, AWS provides two important elements for its sites: Therefore, page load speed is crucial for Amazon.

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SBlack Friday the Friday after the Thanksgiving holidayand in the several weeks leading up to Christmas, Amazon receives an overwhelming number of visitors to its sites.

InAmazon introduced the Amazon Prime subscription service, which offers access to Prime Instant Videos, Prime Music, free two-day delivery and many other benefits for a flat annual fee.

There are currently more than 90 million Prime members worldwide who use Amazon as their primary non-grocery retail store.

This enables more products to become eligible for Amazon Prime, which is the key for the program to flourish. In addition, packaging and shipping costs are reduced when two or more items are shipped.leslutinsduphoenix.com business overview from the company’s financial report: “leslutinsduphoenix.com opened its virtual doors on the World Wide Web in July We seek to be Earth’s most customer-centric company.

Database of FREE Business essays - We have thousands of free essays across a wide range of subject areas. Sample Business essays! Use this free SWOT analysis of Amazon to help you write a business essay.

A summary of amazons business essay

Amazon (leslutinsduphoenix.com) Strengths. Amazon describes themselves as the leading on-line retailer of media products which educate and entertain. Free essay on leslutinsduphoenix.com Situation Analysis available totally free at leslutinsduphoenix.com, the largest free essay community.

New to eCheat Create an Account! This business practice allows Amazon to have low warehouse cost, and offer the largest selection of books at the same time. The third key process for Amazon is service. Amazon Com Case Study Analysis Marketing Essay. Print Reference this.

Company Background

Disclaimer: leslutinsduphoenix.com is an American electronic commerce company which has become as a symbol of internet business. It was first founded by Jeff Bezoz in when he began selling books online and to the date now, leslutinsduphoenix.com is the leading online market worldwide for.

A good summary of the latest business model initiatives is always available in the latest Amazon annual report summary. The latest report includes a great vision for Digital Agility (reprinted from in their latest annual report) showing testing of business models that many businesses don't yet have.

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