Submitted By VAISHALI A NIT CALICUT
Submitted ByVAISHALI A
NIT CALICUT
Founded by Jeff Besoz it started as the”WORLDS
LARGEST BOOKSTORE” in JULY 1995.
Creates PERSONALIZED storefronts by providing useful
INFORMATION
“SEARCH INSIDE THE BOOK” feature enables customers to view
the contents, index and the beginning pages of almost
12,000 books
PRODUCT DIVERSIFICATION
Over the years, AMAZON has diversified its products lines .
MUSIC CDs and DVDs
VIDEO GAMES
In 2007,thelaunch of “VIDEO ON DEMAND” enabled customers to rent or purchase films or serials
Later that year it introduced Amazon MP3 which has participation from all the
major labels.
• Its most successful product the KINDLE, an electronic book reader was the No 1 selling product in 2009.
AMAZON offers FAST,INEXPENSIVE shipping for 79$ annual fee through AMAZON.com
Prime
INTEGRATED MARKETING CHANNEL
Largest Online Retailer that enables a number of brands
to sell their items.
AMAZON derives 40% of its sales from “ASSOCIATES” who refer consumers to
AMAZON
AMAZON launched aStore that allows Associates to
create an AMAZON operated online store without any programming knowledge
What is the KEY to Amazons success?
It is its WILLINGNESS to invest in the latest Internet Technologies to
make online shopping faster, easier and more rewarding for its
customers.
CONCLUSIONSThe future prospects look good for Amazon as it continues to invest in cloud computing services and produce revolutionary products
like the Kindle
Why has amazon.com succeeded online when so
many other companies have failed?
Although it started out as a bookstore it now sells a variety of
products ,across 21 different product lines which has created a strong customer base
It provides customers with useful information that
enables them in the selection of the product.
It offers fast, inexpensive shipping for all items
It has a very efficient ,integrated marketing channel
and is the largest online retailer that enables merchants like Target, NBA, Timex and Mark and Spencer to sell their items.
It employs merchants who refer consumers to Amazon which further increases its revenues and assists it in reaching a wider customer base.
It continuously innovates and invests in new
technologies.
Will the kindle revolutionize the book industry? Why or why not?
Kindle is simple, easy to use and portable.
Reading at night time without light is possible
You can adjust the fonts according to your convenience.
You can carry as many books as required.
Many sites offer free kindle books.
What is next for amazon.com? Is cloud computing the right direction for the company? Where else can it
grow?
Cloud Computing is indeed the right direction for the company as it is doing very well. It is also one of the safest CC sites ,according to Forbes.
Since it promises quick delivery to its customers it has to always depend on a third party. It would be better if it could have its own logistic services,
provided it is able to design an efficient one.
Amazons echo seems to be the next big driver for
Amazon. It is a virtual assistant that lets you connect with services
through your voice. You can order a product simply
by talking.
SUMMARY
1.INTRODUCTION2.PRODUCT DIVERSIFICATION3.LOGISTICS4.INTEGRATED MARKETING CHANNEL5.CONCLUSIONS6.CASE QUESTIONS AND DISCUSSION
DISCLAIMERCreated by Vaishali A, NIT
Calicut, during a marketing internship by Prof Sameer
Mathur, IIM Lucknow