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Executive Summary
Currently Amazon Pay has low visibility in the market. 95% of the surveyed users had never used Amaon Pay.
Amazon Pay’s market positioning needs to be changed from a cashback/refund wallet to a fully fledged payments system.
To achieve the above, the following needs to be done:
1. Introduce Amazon Pay PIN to increase user perception of security
2. Introduct P2P balance transfer to position Amazon Pay as a digital wallet competitor.
3. Introduce homescreen shortcuts for Amazon Pay to reduce usage friction.
4. “Amazon Pay Day” Sales to increase awareness among existing Amaon customers.
5. Separate platform for 3rd party merchants to integrate Amazon Pay
Methodology
The problems identified in the case study have been arrived at using a focus group interaction with 30+ potential customers.
The interactions covered major pointers. However, the flow of the conversation was directed by the interviewee. On
average, the interactions lasted 50 minutes.
The focus of the interactions was to understand the pain points of the customer, provide them with hypothetical situations
to see their reactions, take suggestions and frame solutions.
Pain Points
Amazon Pay’s potential customers do not see Amazon Pay as a fully fledged Payment System, but rather a wallet to store
cashbacks and refunds from Amazon’s orders.
For Amazon Pay to be adopted as a preferred payment method on online merchants, the product positioning should change.
Action Plan
Privileged and Confidential document: The case study is for Amazon Customer Excellence (ACE) Challenge 2022 only and shall not be
shared/disseminated further with any third party. All Submissions made responses provided would be retained and used by Amazon in
future. Participants cannot to claim IP rights over it
APPENDIX
Privileged and Confidential document: The case study is for Amazon Customer Excellence (ACE) Challenge 2022 only and shall not be
shared/disseminated further with any third party. All Submissions made responses provided would be retained and used by Amazon in
future. Participants cannot to claim IP rights over it