We are guided by four principles: In each of our segments, we serve our primary customer sets, consisting of consumers, sellers, developers, enterprises, and content creators. We serve consumers through our retail websites and physical stores and focus on selection, price, and convenience.
The SWOT Analysis identifies the internal strategic factors strengths and weaknesses and external strategic factors opportunities and threats that influence the business.
A SWOT analysis of Amazon shows the strengths that the company uses to overcome its weaknesses and the threats to its e-commerce business, so as to maximize the benefits from exploiting opportunities in the market.
To maximize the benefits of having the highest revenues in the online retail industry, Amazon must ensure that it continues to effectively address the concerns shown in this SWOT Analysis. Amazon also has other concerns, such as cybercrime and imitation, as shown in this SWOT analysis of the e-commerce company.
In the SWOT Analysis model, this aspect enumerates the internal strategic factors that the company uses to grow its business.
Let us find you another Essay on topic Business Current Event Summary and Analysis: attheheels.com Inc reveals its Kindle Fire Tablet Computer for FREE! Select type. attheheels.com, A Strategic Management Case Study. Strategic Group Analysis (3) External Analysis PESTEL Analysis Here are some extra assets: According to the strategic management and business policy we apply the following eight-step strategic decision-making process as follows 1. Evaluate current performance results. SWOT Analysis of Amazon Introduction Amazon is the world’s leading online retailer and its success has spurred other physical, brick, and mortar retailers to have an online presence.
The following strengths support the success and ongoing growth of Amazon: Strong brand Extensive product mix Highest revenues in the industry Amazon. This strength is partly responsible for the rapid growth of the business in its early years.
For example, it enables the company to invest in new business ventures or in new product development. This aspect of the SWOT Analysis model outlines the internal strategic factors that impose difficulties in growing the business.
In the case of Amazon, the following weaknesses are most significant: Easily imitable business model Limited penetration in developing markets Limited brick-and-mortar presence Amazon. For example, other firms could easily establish an online retail website that sells just about anything.
Also, Amazon generates most of its revenues from developed countries, such as the United States. When other firms become fully established in developing markets, it would be difficult for Amazon to penetrate and compete in such markets.
External Strategic Factors There are a variety of opportunities available to Amazon. In the SWOT Analysis model, this aspect identifies the external strategic factors that the firm could use to grow its business.
Amazon has the following opportunities related to the e-commerce market: Penetrate developing markets Expand brick-and-mortar business Boost measures to reduce counterfeit sales Amazon has the opportunity to penetrate developing markets.
The company also has the opportunity to open more brick-and-mortar stores to improve competitiveness against large retailers with significant brick-and-mortar presence, such as Walmart [Read: Moreover, one of the issues facing Amazon.
This condition presents an opportunity for the company to improve its technological measures and organizational policies to address counterfeit sales. For example, an automated process for consumer reports and product evaluation could help reduce the amount of counterfeit products sold on the website.
External Strategic Factors Amazon faces a number of significant threats in the online retail market. External strategic factors that reduce business performance are considered in this aspect of the SWOT Analysis model.
Cybercrime Imitation Aggressive competition with large retail firms Cybercrime threatens practically every online retail company. Amazon must keep stringent measures to counteract cybercrime attacks against its online operations. For example, the company must intensify its network security efforts.
Moreover, aggressive competition is an issue against Amazon.
Large retail firms, such as Walmart, are continuing their efforts in improving their online retail presence. However, the company faces a variety of concerns.
For instance, Amazon has limited presence in developing markets. It is recommended that the company must increase its strategic entry into developing countries, which present major growth opportunities based on rapid economic development.
Also, to address the issue of competition against retail firms like Walmart, Amazon must consider increasing its brick-and-mortar stores, which help increase market reach and brand popularity. Another recommendation is for Amazon to address counterfeiting and cybercrime through intensified information technology measures for organizational and consumer security and protection.
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Small Business; Fundamental Analysis. Trade in yours for an Amazon Gift Card up to $ Applying Business Analysis Tools To Assess a Small business: Using the 7-S framework, the SWOT and the Balanced Scorecard Tools Jul 9, attheheels.com began as Earth's biggest bookstore, but has become Earth's biggest everything store.
Its website still offers millions of books, as well as other media, home furnishings, clothing, pet supplies, office products, and hundreds of other product categories (with items often ordered and delivered the Location: TERRY AVE N, SEATTLE, , WA. While tech companies such as Google Inc. are known for the perks it gives employees, Amazon operates differently.
The company believes that frugality breeds resourcefulness and self-sufficiency. The Balance Small Business The Balance Careers is part of the Dotdash publishing family. Lifewire;.