Case Study on Amazon.com Amazon….The world’s largest online retailer. An American multinational electronic commerce company that makes millions of dollars in profit in a year. A company that has separate retail websites in the U.S ‚ Canada ‚ Europe. Very well known brand in the world. The case study that is made for Amazon.com shows that in 2002 almost half of the revenues for that brand were from selling books‚ music and DVD’s or videos on Amazon. Here it is suggested that Amazon should concentrate
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Case Study Customer Focus at Amazon.com Submitted to: Dr. Josephine Concepcion Mendoza‚ DBM Submitted by: Darla Kricia A. Valerio Quality in Practice Customer Focus at Amazon.com I. Introduction Amazon.com‚ Inc. (Amazon.com)‚ incorporated on May 28‚ 1996‚ is an e-commerce company. The Company sells a range of products and services through its various owned and affiliated Websites. The Company’s products‚ offered through consumer-facing Websites‚ includes merchandise and content that the Company
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1-4. In what ways does Amazon‚ as a company‚ evidence the willingness and ability to collaborate? As we discussed in class‚ collaboration is the activity of two or more people working together to achieve a common goal‚ product‚ or service. Collaboration with competing firm is a critical aspect to Amazon’s business model. In late 2007‚ with the introduction of the Kindle e-reading device According to Science daily‚ Amazon’s collaboration with competing firms such as Apple allows iPad consumers to
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A summary of Amazon’s business strategy and revenue model I’ve used Amazon in my books for over 10 years now since many companies‚ from startups and small businesses to large international businesses‚ can learn from their focus on the customer and the approach of using technology and analysis to improve results. It consistently outperforms other companies in its ACSI customer satisfaction rating too. I aim to keep the case study up-to-date for readers of the books and Smart Insights readers who
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little or no cost to you. The typical 2014 university student has grown up with the World Wide Web and eCommerce and takes these services for granted. For its part Amazon recorded revenues of $17.09 billion dollars in 2013 but for all that activity‚ the company did not yield a profit. According to its founder and CEO Jeffrey P. Bezos‚ Amazon strives to be the retailer of choice for all things and for all people globally. To this end‚ Amazon’s profit margins on most products are razor thin and its business
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How do you describe the competitive risk in Amazon’s environment as Wal-Mart‚ Barnes and Noble‚ and other retailers strengthen their online offerings? Having the most of the services that Amazon provides myself it is my go to place for every time I am trying to make a purchase. In my opinion‚ since Amazon has established a great amount of customers and being the one of the most organized and friendly online place where you can purchase practically anything‚ it will be hard for other competitors
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the first company to offer the greatest selection of “books‚ CDs‚ videos‚ DVDs‚ electronics‚ toys‚ tools‚ home furnishings and housewares‚ apparel‚ and kitchen gadgets.” Amazon had also begun getting into the retail business by selling products offered from companies such as ToysRUs‚ Target‚ Borders‚ Hotwire‚ and many more. Amazon strived to “set the standard for web businesses. The site was intended to become as user friendly as possible with the ability to match needs to all sorts of customer bases
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later discovered the vast potential of the Internet and started coming up with other products to sell. He started off with just half a million in 1995 and went up to 1‚640 millions by 1999. Amazon targeted the local traditional retailers that wished to develop online retailing capabilities. However‚ by 2001 amazon was at the brink of bankruptcy. The company grew exponentially and went from selling books and music’s to software’s‚ house supplies‚ toys‚ and electronics. It was responsible for distribution
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If you buy a book in print at Barns and Noble no one is going to come into your house and remove the book from your bookshelf. As long as Amazon continues to focus on increasing selection of products‚ availability of the products‚ lowering prices‚ and providing a great product and/or service are prime foundations of its long-term growth strategy. 3. Amazon is continuously looking for new markets to exploit. As CEO Bezos addresses the strategic opportunity of delivering streaming video‚ he calls
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Nike Executive Summary Kimi Ford manages a large mutual fund for NorthPoint Group. Her company is trying to decide whether or not to invest in Nike’s stock‚ which has been declining in price in the past year. Kimi has asked her assistant‚ Joanna Cohen‚ to estimate Nike’s weight average cost of capital (WACC) to help make this decision (Case 13‚ pg. 58). We looked at Joanna’s estimates and discovered a few problems that she made when estimating her cost of capital. We found Joanna’s estimates
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