Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
ESSAY ON History of E-business
E-business evolution since 2005
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Business strategies and activities play a very crucial role in the future development of the organization. These strategies become more important, in case of e-business organization such as Amazon. Every organization uses different business strategies in order to remain in business. Some adopt customer- centric strategies; some uses strategies to maximize their profit. For a long time, many organizations have made quality as their selling point. The goal of this report is to analyze the Amazon's e-business strategies and activities. This report also discusses the result of strategies adopted by Amazon and how far it has been successful. Introduction According to the definition of Whatis.com "E-business (electronic business), derived from such terms as "e-mail" and "e-commerce," is the conduct of business on the Internet, not only buying and selling but also servicing customers and collaborating with business partners."[1] In today's competing world, many organizations are rethinking their strategies in terms of the online business and its capabilities and culture. Organizations are taking advantage of the widespread web to buy and sell goods from other companies and recently from individual customers. Exploiting these opportunities of convenience, availability and widespread reach of the web or Internet, many companies such as Amazon have benefited from the use of web successfully. What is Amazon? From "EARTH'S BIGGEST BOOKSTORE" to "everything to everybody" to "Wall Mart of the Internet" to "World's most customer-centric company", Amazon has been tagged with these kind of labels by its customers and followers. The reason for these many labels is because of the Amazon changing business model. Starting from Single-product,... ... middle of paper ... ...0,289893,sid9_gci212026,00.html 2. amazon.com Quarterly results Available from http://media.corporate-ir.net/media_files/irol/97/97664/reports/91338ACL.pdf 3. Amazon.com Aug 10 2000 Press release Amazon.com and Toysrus.com Announce Strategic Alliance, Available from http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=IROL-NewsText&t=Regular&id=229637& 4. Amazon.com Apr 11 2001 Press release Amazon.com and Borders Group Announce Strategic Alliance, Available from http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=IROL-NewsText&t=Regular&id=165430& 5. InformIt.com E-Business 2.0 Emerging Business Models Available at http://www.informit.com/articles/article.asp?p=20901 6. Amazon.com Feb 02 2005 Press release Q4 Financial Results, Available from http://media.corporate-ir.net/media_files/irol/97/97664/news/Release_Q4_04.pdf Bibliography http://www.amazon.com
Associates would link customers to Amazon for order fulfillment and the originating web site would earn a commission from the sale (”Amazon.com, Inc. History”, n.d.). Within two years, Amazon had 60,000 websites signed up as Associates. By 1998 Amazon had become one of the largest booksellers in the US with 2.5 million titles and a customer list of over 2.26 million people. This same year they decided to launch their music store with 125,000 music titles and added toys and electronics in 1999. Even with all this growth, Amazon was still operating in losses into 2001 when sales hit 3.12 billion. When profits finally started to arrive in the fourth quarter of 2001, Bezos had finally proven that his market share driven approach could lead towards
Amazon.com’s US operation business model is based on “sell all, carry few”. Amazon offers consumers a wide selection of products while keeping inventories at low levels. A major interest for Amazon in the US is optimization of netwo...
PACE represented Amazon. For our business profile project, we focused on Amazon. Amazon.com Inc. was founded by Jeff Bezos in 1994. Amazon was first started in Bezos' garage and has turned into a billion dollar operation over the course of 22 years (Smith). Amazon is currently headquartered in Seattle, Washington and has branch locations all over the world.
Amazon has recorded a magnificent success in its business throughout the years that it has been in operation. It has attracted almost all people to use it when necessary. Amazon has built its success in business methodically and slowly. Amazon has made much success because of its ability to read market trends and diversify its operations. It started as an online book selling company. However, it changed its operations and started selling other products. Currently, many large retail shops use Amazon to host and power their websites, for instance, sears and virgin megastores. Amazon now attracts over fifty million visitors in a period of one month. Amazon has tried to make their services fit each individual user. It has based its services on the end user. It has shipping discounts, customer product reviews and a credit card with bonuses. It also has prime membership, product forums and 1-click ordering system among other services. The company has tried to make a remarkable experience for customers and visitors (Thomas, 2006).
Amazon has a corporate strategy classified as a dominant business. Approximately 75% of its revenues are generated from merchandise sales and 25% from services. As a dominant business corporation, Amazon has the ability to be greatly diversified. Amazon’s product selection is brilliantly mastered as well as their dependency on third party sellers. The products and services the company offers vary tremendously from books and electronics to household, beauty products, and much more. Amazon is designed to take a market-wide view of potential product ranges. The company must then choose which products and third party sellers are most suitable for the range expansion that Amazon can get the biggest impact from. By doing this, Amazon satisfies both its business and corporate level
A world without internet shopping would be treacherous. This includes traveling to multiple stores to find your needs, leaving the house, and worst of all, communicating with other humans. Sounds terrifying, right? Thankfully an online business called Amazon.com Inc. emerged and saved the world. From a grubby garage in Seattle with a vision to change e-commerce dramatically, Amazon.com has achieved the status of an online shopping giant.
Amazon.com was a venture into an emerging market of internet and had to face hidden and unexpected hurdles in order to survive and excel in the market. Therefore, Amazon.com kept modifying its strategies with their focus on enhancing customer experience of online shopping and to delivery exceptional services with complete convenience to their customers. One of the major strategic decisions was to compromise on cost saving stragegy when Amazon.com started to maintain its own warehouses in different countries in order to ensure timely and accurate delivery to their customers
The purpose of this assignment is to explain and show how the environmental factors influence marketing decisions of Amazon.com INC. We are going to take a look SWAT and Pestle analysis, segmentation, targeting, cost and benefits, positioning which are implemented by the chosen company.
Tsuruoka, D. (2014, January 9). Amazon’s third-party retailers sold over 1 billion items in 2013.
Amazon.com, as an e-commerce website has emerged as a leader in the e-business world. Originally, the company began as a website that sold books at discount prices, now Amazon.com has evolved into a marketplace for the world. Jeff Bezos, the founder and CEO, has changed the business model of the company many times. He is focused on expanding the selection of goods and services offered on the website, in an attempt to please customers. However, he is having trouble managing the priorities of his gigantic company, he should give the existing categories priority and worry about expansion at a later time.
Amazon has been a strong name in the world we inhabit today. From starting as an online bookstore to becoming one of the largest online shopping stores in the world, Amazon has made a name for itself in the world. In the 20 years Amazon has been known, a steady increase in users of the company has occurred as well as record breaking growth with research and development being the main focus at Amazon’s core,
The U.S book industry can be divided into two eras; the time before and after the online bookstores. This case is one of the classic battles between a pure online bookstore and a traditional brick and mortar retailer trying to leverage its resources and capabilities online. Amazon, once an online book store, now has expanded its business into different products and service offerings and markets and captured a significant market share. On the other hand Barnes & Noble, which had tried hard through the 1990s to consolidate the traditional bookselling space with its superstore format, stood miles behind Amazon.
The future of economic competitiveness for most enterprises relies on entrance and active participation in the e-commerce market. An essential problem with e-commerce is that the controls and organization are different for each site. There is no standard way of building t...
E-Commerce is the short form of electronic commerce. E-Commerce is the use of electronic data transmission to implement or enhance any business process. Examples of e- commerce are, electronic funds transfer, the use of automated teller machines, online tracking of shipments and electronic data interchange between business communities.
Amazon is an American electronic commerce and cloud computing company based in Seattle, Washington that was founded by Jeff Bezoson July 5, 1994. The Amazon.com website started as an online bookstore and later diversified to sell video/ MP3 download/ Streaming, audiobook download/ streaming, software video, games, electronics, apparel, furniture, food, toys and jewelry. Amazon has separate retail websites for different countries. They also offer international shipping to some other countries for some valuable public company in the world and also the largest internet company by revenue in the world. The marketing strategy of Amazon.com is that it freely proffers products and services, uses a customer friendly interface, scales easily from small to large, and exploits its affiliate’s products and resources. It uses