•Operating income US$14.541 billion (2019) •Net income US$11.588 billion (2019)
•Market cap $1 trillion Dollars
•It is the second largest private employer in the United States AMAZON … Big Four tech companies • Google • Apple • Facebook Amazon Products & Services • Amazon Fresh • Amazon Prime • Amazon Web Services • Alexa • Amazon Drive • Kindle • Fire tablets • Fire TV • Kindle Store • Amazon Digital Game Store • Amazon Studios • Amazon Wireless AMAZON COMPETITORS COMPETITIVE ADVANTAGE • Amazon's Business Model • Low prices • wide variety of products on offer ranging • digital media to grocery, and convenience of shopping from home • ‘30-day return policy’+Best web design practices • User-Generated Reviews’ + ‘Volume of Authentic Customer Reviews • recommendations based on customers’ browsing history, past purchases and data of other users with shared behavior • Efficient distribution • Amazon Prime • Supply side of economics-Bargaining power on vendors • Network Effects LIKELIHOOD OF SUCCESS? LIKELIHOOD OF SUCCESS? LIKELIHOOD OF SUCCESS? LOCAL RETAILER… YOUR OPTIONS • Amazon has started creating its own “private label” versions of popular products • Competing directly with the vendors whose products it sells • Sellers on the Amazon Marketplace, which pits third-party merchants against one another in a brutal pricing war • 70 million small merchants who collectively control almost 90% of India’s retail trade