Amazon 's Company Report On Amazon Essay

Obviously, Apple is already the monster in tech industry, which leads the music downloads market. Amazon has only achieved the success in digital book downloads. Therefore, music downloading service is not the absolute advantage of this firm. That is why Amazon would likely to face to many challenges such as the stagnation of this service, which does not meet customer’s needs. Furthermore, the situation remains would make Amazon lose customers.

Amazon is a Fortune 500 e-commerce company based in Seattle, WA. It is one of the top companies that sells the most goods over the internet.

Through selling more in a lower price, Amazon can achieve economies of scale, which in return can increase their bargaining power over its suppliers and partners.

How would you define Amazon’s industry? What difficulties do you encounter identifying primary competitors and key lines of business?

Luckily for Amazon.com, this company is one the largest retail sellers in the online world. Amazon is a company with a single enterprise that has risen to the top of the Most Innovative Companies List. It has been increased to this fortitude due to this company’s innovative ideas and the ideas for growth for their consumers as well. As technology had changed, so did Amazon by offering Prime which was a membership that could be purchased to allow the consumer to acquire items faster and receive the products more quickly.

Although it is the most established because of its long history and early start, competitors such as Alibaba Group Holding Ltd, AutoZone Inc., eBay Inc., Rakutenchi Inc., Netflix Inc., Jet.Com, Wal-Mart and Time Warner Cable among others exist (Yahoo Finance, 2015). Notably, apart from Jet.com, Amazon’s competitors are segmented according to products and services offered; for instance, Wal-Mart stores Inc. offers competition in general merchandise and electronics segment while eBay, Time Warner Cable and Apple offers competition in the media segment. Among the competitors, Apple Inc. and Google Inc. have the highest market capitalization; however, the Amazon’s dwarfs all other competitors. Amazon has a high market capitalization at $254.82 billion (Nassauer, 2015). The table below shows Amazon’s major competitors based on their market capitalization and 52-week share price range

Amazon.com, Inc., on May 28, 1996, started offering a range of products and services through on-line webpages. This new company began to offer products including merchandise and content that was purchased for resale from multiple vendors and sellers ranging from lots of third-party ways. The Amazon.com business has three different segments within its operating environment: Amazon Web Services, North America, and International make up the operating areas. The North American area for Amazon has segments that focus on the sales from retailers of consumer items or product from sellers through its website Amazon.com.

Amazon.com is a customer centric company. They put more effort in improving their system to make the experience of customer more comfortable so that he keeps on returning to the website. Jeffery Bezos who is the founder of the Amazon.com started this company after seeing the use of internet increasing rapidly.

Amazon is using different operating models to provide products and service to customers. There are three distinct models that Amazon.com offers, each with a different supply chain. The three models are Amazon.com as seller, Amazon.com as intermediary, and Amazon.com as full-service e- commerce provider.

In the last decade, Amazon has grown exponentially. Many people believe the seven hundred and thirty-nine billion dollar company controls America. The definition of a monopoly is “the exclusive possession or control of the supply or trade in a commodity or service.” If Amazon falls under the category of a monopoly, then Amazon would control America, therefore proving the company has too much power. If Amazon is not considered a monopoly, then this does not disprove the power of Amazon; It just means that the power that Amazon holds is legal. E-commerce has also become popular in today’s world, and Amazon dominates it. No one comes close to catching up with the company, as it will most likely always be owned by Amazon. The closest competitors Walmart, Ebay, and Apple combined do not even compete with the revenue that Amazon brings in through e-commerce. Amazon has destroyed more jobs in the United States than they have created. They also destroyed more jobs than China has in the United States, which is a problem. One company has a lot of control in creating or losing jobs to the U.S economy, and that is a scary

Amazon is a US based multinational electronic commerce company. Headquartered in Seattle, Washington, it is the world's largest online retailer. Jeff Bezos founded Amazon.com, Inc. in 1994 and the site went online in 1995. In 15 years (1995-2011) Amazon went from selling 1 category of merchandise to offering 16 categories. For Amazon, the Fire is a book store, a movie theater, a record shop, and Amazon is the one selling books, movies and records. Once customers have joined Amazon's ecosystem, there are a lot of ways products can be sold to them. Customers buy Amazon's books, movies, and music. They buy Amazon's apps. They view Amazon's ads. There is no Apple store on an Amazon device. Kindle Fire customers are locked in to using Amazon for media to be used on their devices. The Kindle Fire is not free, but the price is very reasonable. If having a Fire makes people thirsty for more Amazon products, then the low price benefits Amazon.

Headquartered in Settle, Washington DC, Amazon.com is a cloud computing electronic and commerce company (Amazon, 2016). The company is one of the largest internet based retailers both in the US and globally based on total sales and market capitalization. The company does a majority of its business through online retail websites throughout the United States and with more that ten countries throughout World. In 2015, Amazon overtook Wal-Mart to become the most valuable retailer by market capitalization.

Amazon is an online retailer focused on selection, price and convenience. Incorporated in May 1996, Amazon.com offers programs that allow sellers to sell products on the website and have the fulfillment performed by the seller. In addition to the online marketplace, Amazon also manufactures and sells Kindle devices. Through the different programs offered by Amazon, the company has the edge over their competitors. They are able to secure the lowest price, fastest shipping and offer incentives to the customer, such as Amazon Prime (Amazon, 2014).

Amazon strives to provide customers with the best possible online shopping experience by leveraging their powerful and innovative technologies. Part of the company’s competitiveness lies in their proprietary technology, which is licensed to companies like Target to run their e-commerce site. Its patented portal technology allows the customer to customize their on-line experience with personalized home page,

In my opinion, the best online retailer is Amazon. They easily have the best customer service and product fulfillment when compared to other online retailers. The inventory in the USA is over 200 million products, making such a feat impossible for a physical retail store to compete (Export, 2013). The following essay will discuss Amazon’s pricing and retail strategy. Both are key factors of their marketing that allow Amazon to sustain their market dominance and retain their loyal customers.