StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Business model assignment - Essay Example

Cite this document
Summary
It is a Washington based Fortune 500 company. Over the years, Amazon has developed a global network of customer services. It has a wide array of products top sell including jewelry, electronic equipment and books. Amazon sites can be found in…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.5% of users find it useful
Business model assignment
Read Text Preview

Extract of sample "Business model assignment"

23 September Amazon Business Model Amazon leads the global e-commerce. It is a Washington based Fortune 500 company. Over the years, Amazon has developed a global network of customer services. It has a wide array of products top sell including jewelry, electronic equipment and books. Amazon sites can be found in several countries including UK, Japan, Germany, Italy, Canada, China and France. Its fulfillment centers spread across the globe cover above 26 million sq. ft (“About Amazon”). Since 2000, Amazon has been providing individual sellers and retailers with best-of-breed platform of e-commerce.

Amazon has gained the trust and confidence of numerous popular retailers who use Amazon to offer their e-commerce products that include but are not limited to merchandizing, technology and customer services to the consumers all over the world. Amazon is also used by branded merchants as a channel meant for incremental sales. The Amazon retail site advertises products of the leading retailers of the world. The web services offered by Amazon are of huge significance to the independent developers of software.

The web services are used to create innovative services for both the sellers and the consumers of Amazon products. Amazon makes money by using a multi-leveled e-commerce strategy. According to this strategy, anybody can sell anything on Amazon. Consequentially, Amazon not only has a huge customer base, but also a huge vendor base. Amazon sustains its competitive advantage by maintaining a huge customer base and an efficient system of logistics. Customers are made loyal by providing them with variety and economy.

Also, right from the beginning, Amazon has been delivering the products to its customers the latest by the promised dates. When an individual purchases a certain product on Amazon, Amazon makes it convenient for him/her and gets the product delivered to the address mentioned by the customer. Amazon provides its customers with the best customer service by exposing them to a wide array of products to choose from, selling the products at a significantly lower rate than what their market price is, and maintaining the secrecy of the customer in all ways.

Amazon’s interaction with customers is its center of gravity. This is the part of the value chain that is most important to the company and is indeed the point where Amazon’s core competencies lie. Amazon adopts various strategies to customize the experience of its customers. When an individual that has once shopped from Amazon arrives at its homepage, he/she not only finds various featured items with special deals, but also locates certain recommendations that are specifically meant for the very individual based on his/her past experience with Amazon.

Amazon knows each and every customer by his/her name and makes all attempts to serve as the customer’s personal shopper. In order to achieve this, Amazon makes use of the embedded marketing methods. Customer cracking is the biggest strength of this company (Layton). When a customer allows Amazon to place a cookie on his/her hard drive, the customer keeps receiving links to numerous useful products that enchant his/her shopping experience with Amazon.Works Cited:“About Amazon.” 2011. Web. 23 Sep. 2011. .Layton, Julia.

“How Amazon Works.” 2011. Web. 23 Sep. 2011. .

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business model assignment Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Business model assignment Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/business/1580526-business-model-assignment
(Business Model Assignment Essay Example | Topics and Well Written Essays - 500 Words)
Business Model Assignment Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/business/1580526-business-model-assignment.
“Business Model Assignment Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/business/1580526-business-model-assignment.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business model assignment

Managerial Economics: Neoclassical Theory and Baumols model

The author of this paper examines the neoclassical theory, compares and contrasts the Neoclassical Theory and Baumol's model focusing on their similarities and differences.... The author of the paper also describes the firms with the Baumol model Behavior.... nbsp;… The standard neoclassical assumption is that a business firm seeks to maximize profits from producing and selling an output in a market....
6 Pages (1500 words) Assignment

Work Schedule

Given this consideration, it is imperative to come up with a low cost customer service employee daily assignment schedule.... The aim of this study was to utilize Linear Programing (LP) to review low- cost customer service employee assignment schedule options.... Based on the requirements of the proposal to develop a minimum cost daily assignment schedule for the customer service employees at the Acme Mexico city star, the table will show a clear indication of how the LP model was developed to achieve optimal efficiency at a minimal cost to the company (DuBrin, 2009)....
2 Pages (500 words) Assignment

Training Department Organizational Structure

In order to better improve the performance of DNA in its commitment to provide a responsive, supportive, and cooperative service to all of its clients and stakeholders, instead of using a Traditionally-structured Training model, DNA will instead have a Business-Embedded Training… The rationale for selecting a Business-Embedded Training Department over a Traditional Training Department is because the former has more flexibility and applicability in the kind of business that DNA has, which is very dynamic (Noe, 2013)....
2 Pages (500 words) Assignment

The Three Step Model

assignment, BUSINESS This paper delves in the discussion of the various strategies that are used in the student admissions exercise.... This paper “The Three Step model” delves in the discussion of the various strategies that are used in the student admissions exercise.... This exercise, therefore, will employ the use of the three-step model.... This is a model that is quite vital and is quite effective for admissions exercises....
2 Pages (500 words) Assignment

Business Model Approaches and Its Used In Understanding International Business

The idea of this research emerged from the author's interest and fascination in how do business model approaches help us to understand international businesses and how they operate.... hellip; This paper illustrates that every business either implicitly or explicitly applies a particular business model.... One key conclusion that stem from this analysis is that, to attain competitive advantage, a business model must be something more than just a robust logic matrix that states the way of conducting business....
10 Pages (2500 words) Assignment

Team Model: Delegation and Empowerment

The assignment includes the task to others of the power for specific capacities, errands, and choices.... In the current ever changing dynamics of the business world today flexibility and responsiveness are an integral part of any business or… At the point when pioneers engage their workers to those representatives have the capacity, undertake more noteworthy obligation and management....
5 Pages (1250 words) Assignment

MANAGEMENT DECISION-MAKING business model assignment

How are they integrated with the rest of our business model?... How to Define and Analyze business model Innovation in Service.... Social relationship has been created by ensuring quality product is… Customer relationship is an integral part of the business.... ustomer relationship is an integral part of the business....
2 Pages (500 words) Assignment

Dynamic Lot Sizing Model for Stochastic Inventory Factors

Chen, Tunc et al and Rossi, Kilic & Tarim, and Rossi Kilic & Tarim, demonstrated the efficiency of their proposed model by comparing them with the previously presented models in the literature.... On the contrary, Carvalho et al employed computational test to justify the model efficiency, while the Hwang and Kang model was not tested.... Nevertheless, it is clear that Carvalho et al model is functional, while the operational ability of Hwang and Kang is unknown....
16 Pages (4000 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us