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.
Arguments In some ways, the narrative of Amazon's managed and developing predominance is likewise the account of changes in our antitrust laws. Because of a change in lawful thinking and practice in the 1980s, the antitrust law now surveys rivalry to a great extent with an eye to the fleeting premiums of shoppers, not makers or the wellbeing of the market all in all; antitrust convention sees low purchase costs, alone, to be confirmation of sound rivalry. By this measure, Amazon has exceeded expectations; it has avoided government examination to some degree through intensely giving its business methodology and talk to decreasing costs for buyers (Schmalensee, 2000).
The advent of e-readers and ebooks and the growth of online mega-retailers such as Amazon have fundamentally altered the bookselling landscape. Authors can bypass traditional publishing houses altogether for better deals and publicity is seemingly built increasingly on word of mouth. Much as with digital media, piracy can also eat into the profits of some popular books. The relative decline of the local British library and high street retail have arguably shrunk once lucrative direct markets. Subsequently, British book publishing is somewhat squeezed and no longer enjoying its mid-century golden age.
The only company which sold E-books during 2010 was Amazon. The publishers wanted that E-books should be sold if not at higher price than at least at the same price. These CEOs of these six publishing companies used to meet once every three months to meet and to address Amazon’s pricing policies. They used strategies like selling E-books at the same price as their hard cover books through a “windowing” model,
Many states within the United States have passed online shopping sales tax laws which have been designed to compel Amazon and other e-commerce retailers to collect both state and local sales taxes from their customers. In 2011, it was noted that Amazon only collected sales tax from five states, however in April of 2017, it was said that the company must collect sales tax from consumers in all states that currently have sales taxes. ANALYSIS OF STRATEGIC FACTORS In a December 2011 article written by Forbes contributor, Venkatesh Rao, he states that “the company [Amazon] is nothing if not deliberate and systematic in everything it does.” Rao goes on to say, unlike the other big companies that symbolize our times – Google, Apple, Facebook and Microsoft, Amazon did not rise to power by inventing a new product or service.
In an interview the chairman of Harvey Norman Mr. Gerry Harvey, who is known as the ‘Retail King’ of Australia stated that this U.S. giant retail business is a ‘curse’ and full of ‘plunderers’ and he also brings the point that if amazon.com take the whole Australian market under them then it will result in Australia being a poor country and it will not deliver benefits to the Australia in the long term. This is the main reason that everyone in this world thinks that Amazon is the world’s greatest tax evader and which is why many people demand Federal Government to block the entry of Amazon in Australia as there is no physical presence of Amazon in Australia it will only supply its goods to customers which are why they don’t pay any taxes (Sexton,2017). There is one more issue that is related to Amazon which has been raised by Professor Gary Mortimer, a retail expert at Queensland University of Technology and in his statement it has been described that Amazon will have to struggle when it will hit the Australian market because in the year 2016 Australian shoppers only spent $22 billion dollars on online shopping which is very low as compared to America and UK where Amazon has captured their whole market.
Mid-Term Exam Your Mele P Tuifua American Public University (Charles Town, West Virginia) Abstract This paper analyzes and compares the companies Walmart and Amazon. After explaining a brief overview of each company, we will look at how Walmart stays profitable by having a good relationship with suppliers, and how they keep their competitive position in the global market.
In just a month of its establishment Amazon was selling books to all 50 states of the US and Canada. From the onset the company had ambitions of being an “everything store” (funding universe, 2004). Over the years Amazon increased its offerings to include DVDs, electronics, furniture and other consumer goods (Amazon.com, 2015). The product range increase was accompanied by a series of acquisitions. Oliva et al (2003) describes Amazon to be using a get big fast (GBF) strategy which is premised on keeping prices low while expanding market
Amazon’s competitive strategy is cost leadership. Amazon has achieved a lot on a great scale that it gets the best prices from its vendors so they can operate in very flexible and thin margins and sell their items easily at retail prices and make money. They also provide shipping products for a reasonable cheap price. They also have improved their warehouses by giving some space to other sellers who want to sell their items through Amazon. They differentiate and provide better quality than their competitors across the industry.
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).
However, Amazon has advanced websites and high brand recognition that other competitors may not reach its level. ii) Threat of substitutes The book publishers can publish the books and distribute them directly to the public. iii) Power of buyers Amazon experiences a low buyer power since the book items can’t be bargained since the prices are fixed. iv) Bargaining power of suppliers
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.
The core value propositions for Amazon’s internet book buyers were price, customer service, selection and convenience. Bezos (2000) claimed. Amazon to be “Earth’s most customer centric”, which meant they needed to listen, be innovative and personalise. Amazon’s personalization efforts were summarised by the CEO of Amazon, Jeff Bezos, by stating “If we have seventeen million customers, we should have seventeen million stores.” (Bezos, 2000).
Due to this, the portal is known to have specific days where they give massive discounts to their buyers. Competitors The giant companies that want to disrupt Amazon Amazon isn’t under attack from just start-ups, though. There are big companies with deep
Amazon It can be clearly seen that Amazon is the biggest, most influential online firm in this world today. Employing just over 154,000 employees it is easy to see how it is one of the most sought after firms that many people dream of becoming employed at. Or is it? Recently, questions have been circling the business world about Amazon and their treatment towards employees however this is only a one sided argument and if this was the case Amazon would not be the leading tech company it is today. It is constantly known for seeking only the highest skilled people but for a specific reason.
