Moreover, Bezos could re-train shoppers to buy produce and meats in person, while purchasing everything else on line. Furthermore, Amazon has a subscription service that is already selling this way, making it easy to see how gains in non-perishable sales could mirror the market gains that Amazon realized in the book trade (41% today according to LA Times). Yet another hypothesis, is that Bezos may simply be looking for consumer data. For example, grocers collect very sensitive data on their customers, in the same manner that Amazon does, combining this information would give the on-line retailer a powerful weapon with which to beat competitors. Privacy then becomes a major concern, with the possibility that data gleaned from consumers ' Amazon accounts would be shared with Whole Foods and visa versa.
According to Amy Koss in a Los Angeles Times opinion piece, Amazon.com is a “21st century deal with the devil”. Koss believes such online retailers such as Amazon.com looks good on paper but in reality, are harmful to local retailer mom and pop stores, and equally harmful to the titans of the retail world, such as Sears, Macys, Radio Shack, and Men’s Warehouse. Koss states that the “Satan” of today relies on easy consumption to win our souls. Koss then goes on to explain how Amazon hooks the masses into its vast online catalog of everyday items, most of which are unneeded, but has them radially available in a sleek looking web page layout that turn the laziness and greed of the masses to their wallets to buy everything they could every want
Hackers may be considered a part of the Social Conflict viewpoint when considering a store that does not have a checkout line. Hacker may be able to figure a way to override the technology used to bill customers and may be able to steal items or bill other customers for purchases they did not make. Another component to consider is the older generation and how they may be impacted with this development. The older generation has a tendency to shun new technological advancements and that may encompass Amazon’s new billing technology. Thirdly, a huge corporation, like Amazon, building stores in small towns may disrupt the fragile economy that rural communities usually have.
Summary In The New York Times article titled “Amazon’s Monopsony Is Not O.K,” journalist Paul Krugman argues that the popular online website Amazon “has too much power, and it uses that power in ways that hurt America.” He goes on to give examples of how Amazon is ruining the economy and hurting America. Krugman states that Amazon believes it is the top online sales website even though it is not. He compares Amazon’s online book sales to Standard Oil sales and states that “Standard Oil nonetheless had too much power, and public action to curb that power was essential.”
As a matter of fact, in 2015, CNN said, “Amazon is now the most valuable retailer in the world and its market value is about five times higher than Target’s”.(COME BACK TO THIS/Quote/Cited). In other words, Amazon is not only recognize as an online retailer but a store considered to be a replacement
The Amazon website, which can be accessed via Amazon.com, will be the subject of a rhetorical study in this article. In my analysis of this website, I contend that even though the layout and style effectively communicate crucial district information, the accessibility of the website still needs to be improved. Layout: Do you ever wonder how Amazon came to be? Or how inclusive it’s become to several individuals around the globe. For instance, the creator of Amazon, Jeff Bezos, found the potential for the website because web usage was gaining popularity, meaning the more people that went on the internet to purchase things, the more his business would benefit and succeed.
Amazon is a special retailer for us. With its store being completely online, we thought it was very interesting how their sales correlate with their customer service. To know that a company can adequately provide its customers with overall exceptional customer service was an advantage for us. Moreover,
I think Adam and Eve wouldn’t know where to start on a shopping tree. Growing up with the progression of Amazon there was time to learn ho it works and incorporate new offerings into life. For instance, there was a time when university bookstores were a necessity and now it can all be done on amazon cheaper. That change over time allows people to appreciate what Amazon brings to the table, but when the day comes that there is no university bookstore, Amazon’s service may be taken for granted. Also, amazon requires a basic understanding of what you want and how to compare other things to the ideal product.
The opinion piece published by the Los Angeles Times, “Amazon.com Is a 21st Century Deal with the Devil,” by Amy Koss states her central argument that Amazon is destroying jobs, malls, and stores in the outside world. I strongly disagree with the statement that Amazon is destroying jobs and stores because I believe Amazon brings convenience by allowing people to sell things they might not need that others do. According to Koss,” I also think that it is at the convenience of consumers who have a difficult time going outside because of a medical issue or if they’re just lazy because of the fact that they can order something and have it delivered to them in less than a few days with an even cheaper price tag. Online shopping on Amazon allows others to earn jobs as well because they might work from home and work for Amazon or they might deliver items to the consumer. Some people may even start their own online selling business on Amazon.
Amazon and the rest of Big Tech are on fire Today, April 27, 2018, Amazon stock shares have reach a 5% increase. They have reported amazing first-quarter results. AMZN which is Amazon’s stocks symbol has boosted the market value about $775 billion. The only stock similar that is beating them is Apple which is AAPL.
Today crowdsourcing is yet again bringing Amazon and their customers closer. The model is as follows: Amazon is considering to enlist everyday people to pick up and drop off packages for customers. These crowdsourced deliveries could be one way for the company to contain its rising labour costs also but it is going to make a customer’s life hassle free. The new service, tentatively known as “On My Way,” where Amazon would hire retailers in urban areas to store packages and pay regular people a small fee to make deliveries.
They are the prominent general retail stores with a physical presence. Both of these retailers have emerged as e-commerce centric due to the early adoption of e-commerce strategies. However, even those retail chains proved to be of no use to generate a tight competition with Amazon. In the long run, the growth of the e-commerce versions of these supply chains can pose a threat to Amazon. (Wahba, Phil) Advantages for an Amazon Customer Amazon adds value for money for the customer.
Amazon has achieved many milestones from starting in the founder’s garage in 1994 to the growth in revenue to US$147.8 million in 1997 and then to the revenue growth of US$177.866 billion in 2017 (Amazon, 2018a, Amazon, 2018b and Jurevicius, 2018). These milestones were achieved through tenacious focused strategies of meeting their customers’ needs and wants. These strategies have maintained and expanded their customer base locally and internationally and have increased its market shares and profit over the last two decades. In addition, projection for the company’s growth and expansion for the next three to five years looks positive as it predicted to grow at the same rate with its expansion internationally and continued focused in satisfying consumers’ wants (Amazon, 2018a). Although, some factors such as governmental policies, legal issues and natural disasters could pose a threat to Amazon’s growth plans, the management team led by the founder and Chief Executive Officer (CEO) are working on mitigating the risk (Amazon, 2018a).
3.3 Customers and Competitors Customers Amazon customers consist of upper & middle class social groups who have inclination towards using E-commerce portals and are comfortable with online shopping. Majority of the customers are professionals or businessmen who are busy with their business/Job & find it convenient to purchase anything online rather than visiting the physical outlet in order to save time & money. Furthermore, the customers might also be the ones who are searching for deals.
Today, many people prefer to order products from Amazon instead of going to stores or malls. c. DESCRIPTION OF MY SUBJECT (AMAZON.COM): Amazon (Amazon.com) is the world’s largest online retailer and a prominent cloud services provider. The company was initially a book seller, then later it expanded to sell a wide variety of consumer goods and digital media as well as its own electronic devices, such as the Kindle e-book reader, Kindle Fire tablet and Fire TV, a streaming media adapter (Rouse, 2018).
