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History
Early vision of rapid growth and
dominating e-commerce
Bezos’ initial intention was to
be an “everything store”
THE ORIGINAL
GOALS
Expansion
2005: Amazon Prime
Officially Launches
The Start
1994: Amazon launches in
Jeff Bezos’ garage
The Next Step
1998: Amazon adds
DVDs and CDs
Originally Bezos want to
name it “Cadabra”
Started with the name
Amazon.com Books
1999: Amazon adds toys
and electronics
2000: Amazon expands
into 3rd party sellers
2010: Amazon Air
Officially Launches
2014: Amazon’s Alexa is
introduced to the world
History (Cont.)
Board of
Directors
Jamie Gorelick
Wilmer Cutler Pickering and Dorr, LLP
Tim Alberg
Madrona Venture Group, LLC
Daniele Huttenlocher
Dean, Cornell Tech
Judith McGrath
Astronauts Wanted (Multimedia Joint Venture)
Jonathan Rubinstein
Bridgewater Associates, LP
Thomas Ryder
Starwood Hotels, Virgin Mobile, Reader’s Digest
Patricia Stonesifer
Martha’s Table
Wendell Weeks
Corning Incorporated
C - SUITE
Brian Oslavsky
Chief Financial Officer
Jeffrey Blackburn
Vice President of Business Development
Andrew Jassy
Chief Executive Officer of Amazon Web Services
David Zapolsky
Senior Vice President, General Counsel
Werner Vogels
Chief Technology Officer
Neil Lindsay
VIce President of Prime and Chief Marketing OFficer
“To be earth's most customer-centric
company; to build a place where people
can come to find and discover anything
they might want to buy online.”
Mission Statement
“To leverage technology and the expertise of
our invaluable employees to provide our
customers with the best shopping experience on
the internet.”
Vision
Financial
Snapshot
Stock Price:
$1,593.41
Market
Capitalization:
$779.13B
EPS:
$5.75
P/E Ratio:
89.33
(AMZN)
BCG Portfolio
?
-Prime Video
-Prime Music
Star
-Echo
-Kindle
Dogs
-Handmade Products
-Amazon Dash
Cash Cow
-AWS (cloud/web service)
-Amazon Prime
+
-
MarketGrowth
Market Share- +
What is the Amazon Echo?
PRODUCT
DESCRIPTION
“Alexa, what is the Amazon Echo?. . .”
“
Amazon Echo
Amazon Echo Dot
Amazon Echo Spot
“Hands-free speaker you
control with your voice…
play music, ask questions,
send and receive
messages… all you have
to do is ask”
“Hands-free voice
controlled device, with
a small built in speaker”
“Just ask to see the
weather, get news with a
video flash briefing, set
up an alarm, see
lyrics…”
Features Benefits
● New Alexa Enabled Devices
○ Microwaves, Wall Clocks, etc.
● Alexa Hunches
○ Smart Home suggestions based off of
certain statements
■ Ex: “Alexa, Good Morning” would
have Alexa activate your coffee
maker
● Whisper Mode
○ Alexa will talk in a quieter and softer
tone
● FreeTime- Kid Friendly Setting
○ Provide child friendly responses
○ Disables the ability to shop & listen to
the news
● Multiple Timers and Alarms
● Smart Home Devices
○ Now work with other companies and
household products
■ Philips (lights), Haiku Home
(Fans), Nest (Thermostats)
● Integrates all home devices through one
system
● Make routines simpler and quicker
● Will allow to still use Alexa with no
disruption at any time
● Will provide comfort to parents who
worry about their children using Alexa
● Allows Alexa to provide hand- free
timers and alarms to make tasks such
as cooking easier
● Integrates Alexa into household features
Amazon Echo has not established itself
in yet
Competitive Analysis
Speaker
Quality
Search
Quality
Connectivity
1
2
3
Calling
Feature
ECHO
GOOGLE
HOME
HOME
POD
Third Party
Skills
Market
Share
Trends in Voice
Humanization: The ability
to hold a conversation
Chatbots: adding voice
to its systems
Hybrid Systems: will receive a human
created response when the voice
assistant cannot answer
Go beyond mobile devices:
integrate voice into all
aspects of life. Ex:
Refrigerators, thermostats,
etc.
Security : Focus on voice
payments and improving
speaker verification and ID
Individualization:
generation customized
user experiences based
on their voice
Voice Notifications:
Voice services will not interact
with the consumers
According to Adobe Analytics, “71% of
owners of smart speakers use voice
assistant at least daily and 44%
multiple times a day”
“76% of smart speaker owners
increased their usage of voice
assistance in the last year.”
SWOT
Strengths
● Affordable
● Small & Compact
● Connected to Amazon Services
w/ ease
● Live Updates
Weaknesses
● “Stuck at home”
● Need phone/tablet app to
manage settings
● Must take back-seat on other
devices
Opportunities
● Alexa for Hospitality
● Increase Home Integration
● Increase interaction between
outside services and home
● Allow more exposure into the
work environment
Threats
Segmentation
The Amazon Alexa
target market favors
simple interactions,
including skills with
fewer conversation
steps or those that
perform a single, clear
function
Amazon’s micro-level
segmentation targets, as
far as age is concerned,
the ideal user is under 44
years old. The largest
Amazon Echo market
segmentation is 18-29
years old at 24%; 30-44-
year-olds make up 20% of
the user base.
Types of Segmentation (Amazon’s Echo/Echo dot)
Type of Segmentation Segmentation Criteria Amazon target customer segment
Geographic Region and Density Region: United States and over 80
countries
Density:
Urban and Rural
Demographic Age, Gender, Occupation Age: 12(kids) and older
Gender: Males and Females
Occupation: Children, Students, Professionals, Employees
Psychographic Social Class Social classes: working class, middle class and
upper class.
Behavioral Benefits sought, Personality, User-Status Benefits sought: Efficient, Convenient
Personality: Easy Going, Friendly, Resourceful
Target Market
Echo
Echo Dot
Echo Spot
29 - 34 year old suburban moms
who are active on social media outlets
and continually look for ways to cut
time out of their routines
18 - 24 year old males who are current
college students and recent college
graduates in urban areas from medium -
large schools who are very technologically
connected
55 - 61 year old recent retiree
males from suburban areas who
enjoy simple transitions into the
technology world
Value Proposition
SUSAN
TOD
CHIP
Convenience
Innovation
Easy to Use
Marketing Objectives
Qualitative
Position Amazon
Echo as the most
convenient brand
for the “Susan”
target Market
Quantitative
Increase sales
from this
particular target
market by 35% by
next year
Ease of Use
Price
For the backbone of the household, the Amazon Echo is the time-saving
device that imbues ease into everyday tasks in a superior manner to that
of other voice assistant devices due to its convenient and familiar
platforms.
Brand Story
The satisfaction of an easier and more efficient life is something many strive for. Those
who raise families, go to school, work at companies, or have gone through unfortunate
circumstances that limit his/her movements would benefit greatly from such a life. The key
to the future of efficiency in our lives is through voice. Amazon is leading the charge for
such innovations. Amazon’s Echo built in with Alexa, the voice-activated personal
assistant, allows for seamless integration into our households and daily life which lets us
to not worry about the small things and enjoy life.
● 30 year old mother of two
children
● Uses Echo: has a lot of space
● Uses her Echo to create schedules,
listen to podcasts, do phone calls
and buy necessities for the house
Susan Tod
● 22 year old college student
● Echo Dot perfect for small dorms
or apartments
● Easily integrate Alexa into his
daily life and tries to use Alexa’s
features: alarms, reminders, music,
etc.
Chip
● 60 year old and retired
● Uses Echo Spot: can use all the
the features the echo has
● Can use camera to reach
relatives through video chat
● Perfect to be set by the bed
Personas
Product Life Cycle Stage
Growth
Voice is still on the rise and has yet to reach its
peak. There is much more innovation to come
Early Majority
Susan Tod
Early Adopter
Chip
Early Majority
Adoption Curve
Target Market Focused on
Susan30 year old mother of two
children
Advertising Funnel
Awareness
Consideration
Trial
Purchase
Loyalty / Retention
Advocacy
TV commercials during
prime time shows
Increase special promotions
such as holiday promos
Bring more benefits to those who have
Amazon Prime & Echo. Send
personalized promotions
Utilize influencer to showcase all
new Echo features and products
Increase Online Ads
Social Community
Social E-Commerce
Social Publishing
Social Entertainment
Facebook- 28.7 million likes
Often answer as many people as they can
Very responsible
Twitter - Content Marketing & Encourage Prime
Membership
Amazon’s Database of Users
Lifestyle bloggers
Review system
Interactive Comments &
Ratings
Tech / Home Decor Reviewers
Amazon
Pinterest is an extension of Amazon’s
store
Ways to pay- PayPal
Integration with Spotify
Amazon bought Twitch in 2014 (most
popular streaming platform)
Fire TV streaming app
Deal with Sony and Paramount
Amazon Echo: Susan
Influencer: Jessica Shyba
501k Followers
Instagram
Jessica Shyba
Has a presence on
YouTube:Not strong,
but we can work with
her to grow it
Has a full family: falls
under the busy mom
lifestyle
Has a very reputable
image: TODAY, Business
Insider, etc.
Active on her
blog: Momma
Gone City
Has a very current
style: The use of
the Echo is natural
“Momma” is in her
@ : She will come
up more in mom’s
searches
Instagram:
@mommasgonecity
Twitter:
@mommasgonecity
Blog:
mommasgonecity.com
Facebook:
Momma’s gone city
Creative Ad Strategy
Show the Echo as a need in Susan’s life, not a luxury. The
central idea will be that parenting without the Echo is a thing of
past due to how easy and convenient the system is.
ACTION
THINKING
FEELING
OPPORTUNITY
AWARENESS FAMILIARITY CONSIDERATION PURCHASE LOYALTY
➔ Follows mom
influencers on
Instagram
➔ Read Facebook
comments
➔ Look at Blog posts for
time management for
moms
➔ Watch Talk Shows*
➔ Coupons*
➔ How can I help get tasks
done sooner?
➔ How much do I value
this?
➔ What makes this brand
different?
➔ Frustrated
➔ Confused
➔ Overwhelmed
➔ Curious
➔ Talk show segments
➔ Starting a vlog channel
for new moms
➔ Sponsor Instagram
influencers
➔ Goes to the store to see the
products and different
options*
➔ Researches the best types
for a busy mom*
➔ Watches more influencer
content on voice assistants*
➔ How will I know which
brand will integrate best
into my lifestyle?
➔ How important are the
difference in the brand?
➔ Are they kid friendly?
➔ Inquisitive
➔ Stressed
➔ Indecisive
➔ Questioning
EXPERIENCE ➔ Has a smartphone,
laptop, kindle
➔ Use SEO to become a top
option in search
➔ HIghlight kid friendly
features in store
advertising
➔ Emphasize the help it has
with everyday tasks
➔ Increased use of the voice
assistant on her phone
➔ Looks for a good deal/
holiday specials*
➔ Opens different ads on
their Facebook*
➔ Looks further into
Amazon’s Product
specifically *
➔ Notices an increase in
productivity
➔ Contributes to the
blog she reads
➔ Comments on the
facebook posts
➔ Explores new types to
involve voice in her
home*
➔ Debates on purchasing
through Amazon or Best
Buy
➔ Takes a last
comparison between
the different brands*
➔ PIcks the specific type
of the Echo Series*
◆ Echo Gen. 2.
➔ Do I want to wait 2- days
for shipping?
➔ Will my Prime
Membership do
anything for me?
➔ What type do I need?
➔ Is this the right choice?
➔ I think it will be cheaper
during the holidays
➔ This ad keeps coming
up on Facebook, I
should look
➔ Wow the FreeTime
feature is great!
➔ I am so happy with this
product
➔ I never realized how
easy it is to use
➔ I wonder if the other
options will help as well
➔ Interested
➔ Increased curiosity
➔ Excited
➔ Determined
➔ Relieved
➔ In control
➔ Satisfied
➔ Eager
➔ Committed
➔ Promote holiday and
themed specials
➔ Create a strong online
presence (Facebook)
➔ Cater to the specific
benefits the Echo has
for moms
➔ Make Prime benefits
clear and grow them
➔ Offer one-day shipping
➔ Make different types
clear
➔ Send personalized
promotions
➔ Offer coupons and
giveaways on blogs
➔ Give exclusive access
to new products
➔ Starts to use voice
assistant on phone daily
➔ Ready to integrate the
Echo into her everyday
life
➔ Fairly dependent on
voice assistant
* = Touch Points
Promotional Channel Strategy
The pull promotional strategy will work best with the Amazon
Echo. Susan is perceived to already by a Prime Member, so
pulling her to Amazon.com to purchase the Echo will be simple
and effective.
Media Strategy
Help Build Jessica
Shyba’s YouTUbe
presence by
introducing blogs for
technology and
motherhood sponsored
by the Echo
Increase the number of engaging
commercials during Ellen’s
daytime talk show due to her
high number of daily viewers in
the target market
Utilize the hashtag #MomSaver to
engage young mothers into the
community and the benefits
ROI Measurement and Optimization
Our desired ROI to optimize our investment
would be 5:1. For every $5,000 spent we
expect 1,000 new customers

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Amazon Echo

  • 1.
  • 2. History Early vision of rapid growth and dominating e-commerce Bezos’ initial intention was to be an “everything store” THE ORIGINAL GOALS
  • 3. Expansion 2005: Amazon Prime Officially Launches The Start 1994: Amazon launches in Jeff Bezos’ garage The Next Step 1998: Amazon adds DVDs and CDs Originally Bezos want to name it “Cadabra” Started with the name Amazon.com Books 1999: Amazon adds toys and electronics 2000: Amazon expands into 3rd party sellers 2010: Amazon Air Officially Launches 2014: Amazon’s Alexa is introduced to the world History (Cont.)
  • 5. Jamie Gorelick Wilmer Cutler Pickering and Dorr, LLP Tim Alberg Madrona Venture Group, LLC Daniele Huttenlocher Dean, Cornell Tech Judith McGrath Astronauts Wanted (Multimedia Joint Venture) Jonathan Rubinstein Bridgewater Associates, LP Thomas Ryder Starwood Hotels, Virgin Mobile, Reader’s Digest Patricia Stonesifer Martha’s Table Wendell Weeks Corning Incorporated
  • 7. Brian Oslavsky Chief Financial Officer Jeffrey Blackburn Vice President of Business Development Andrew Jassy Chief Executive Officer of Amazon Web Services David Zapolsky Senior Vice President, General Counsel Werner Vogels Chief Technology Officer Neil Lindsay VIce President of Prime and Chief Marketing OFficer
  • 8.
  • 9. “To be earth's most customer-centric company; to build a place where people can come to find and discover anything they might want to buy online.” Mission Statement
  • 10. “To leverage technology and the expertise of our invaluable employees to provide our customers with the best shopping experience on the internet.” Vision
  • 12. BCG Portfolio ? -Prime Video -Prime Music Star -Echo -Kindle Dogs -Handmade Products -Amazon Dash Cash Cow -AWS (cloud/web service) -Amazon Prime + - MarketGrowth Market Share- +
  • 13.
  • 14. What is the Amazon Echo? PRODUCT DESCRIPTION “Alexa, what is the Amazon Echo?. . .”
  • 15. “ Amazon Echo Amazon Echo Dot Amazon Echo Spot “Hands-free speaker you control with your voice… play music, ask questions, send and receive messages… all you have to do is ask” “Hands-free voice controlled device, with a small built in speaker” “Just ask to see the weather, get news with a video flash briefing, set up an alarm, see lyrics…”
  • 16. Features Benefits ● New Alexa Enabled Devices ○ Microwaves, Wall Clocks, etc. ● Alexa Hunches ○ Smart Home suggestions based off of certain statements ■ Ex: “Alexa, Good Morning” would have Alexa activate your coffee maker ● Whisper Mode ○ Alexa will talk in a quieter and softer tone ● FreeTime- Kid Friendly Setting ○ Provide child friendly responses ○ Disables the ability to shop & listen to the news ● Multiple Timers and Alarms ● Smart Home Devices ○ Now work with other companies and household products ■ Philips (lights), Haiku Home (Fans), Nest (Thermostats) ● Integrates all home devices through one system ● Make routines simpler and quicker ● Will allow to still use Alexa with no disruption at any time ● Will provide comfort to parents who worry about their children using Alexa ● Allows Alexa to provide hand- free timers and alarms to make tasks such as cooking easier ● Integrates Alexa into household features Amazon Echo has not established itself in yet
  • 18. Trends in Voice Humanization: The ability to hold a conversation Chatbots: adding voice to its systems Hybrid Systems: will receive a human created response when the voice assistant cannot answer Go beyond mobile devices: integrate voice into all aspects of life. Ex: Refrigerators, thermostats, etc. Security : Focus on voice payments and improving speaker verification and ID Individualization: generation customized user experiences based on their voice Voice Notifications: Voice services will not interact with the consumers According to Adobe Analytics, “71% of owners of smart speakers use voice assistant at least daily and 44% multiple times a day” “76% of smart speaker owners increased their usage of voice assistance in the last year.”
  • 19. SWOT Strengths ● Affordable ● Small & Compact ● Connected to Amazon Services w/ ease ● Live Updates Weaknesses ● “Stuck at home” ● Need phone/tablet app to manage settings ● Must take back-seat on other devices Opportunities ● Alexa for Hospitality ● Increase Home Integration ● Increase interaction between outside services and home ● Allow more exposure into the work environment Threats
  • 20. Segmentation The Amazon Alexa target market favors simple interactions, including skills with fewer conversation steps or those that perform a single, clear function Amazon’s micro-level segmentation targets, as far as age is concerned, the ideal user is under 44 years old. The largest Amazon Echo market segmentation is 18-29 years old at 24%; 30-44- year-olds make up 20% of the user base.
  • 21. Types of Segmentation (Amazon’s Echo/Echo dot) Type of Segmentation Segmentation Criteria Amazon target customer segment Geographic Region and Density Region: United States and over 80 countries Density: Urban and Rural Demographic Age, Gender, Occupation Age: 12(kids) and older Gender: Males and Females Occupation: Children, Students, Professionals, Employees Psychographic Social Class Social classes: working class, middle class and upper class. Behavioral Benefits sought, Personality, User-Status Benefits sought: Efficient, Convenient Personality: Easy Going, Friendly, Resourceful
  • 22. Target Market Echo Echo Dot Echo Spot 29 - 34 year old suburban moms who are active on social media outlets and continually look for ways to cut time out of their routines 18 - 24 year old males who are current college students and recent college graduates in urban areas from medium - large schools who are very technologically connected 55 - 61 year old recent retiree males from suburban areas who enjoy simple transitions into the technology world
  • 24. Marketing Objectives Qualitative Position Amazon Echo as the most convenient brand for the “Susan” target Market Quantitative Increase sales from this particular target market by 35% by next year
  • 25. Ease of Use Price For the backbone of the household, the Amazon Echo is the time-saving device that imbues ease into everyday tasks in a superior manner to that of other voice assistant devices due to its convenient and familiar platforms.
  • 26. Brand Story The satisfaction of an easier and more efficient life is something many strive for. Those who raise families, go to school, work at companies, or have gone through unfortunate circumstances that limit his/her movements would benefit greatly from such a life. The key to the future of efficiency in our lives is through voice. Amazon is leading the charge for such innovations. Amazon’s Echo built in with Alexa, the voice-activated personal assistant, allows for seamless integration into our households and daily life which lets us to not worry about the small things and enjoy life.
  • 27. ● 30 year old mother of two children ● Uses Echo: has a lot of space ● Uses her Echo to create schedules, listen to podcasts, do phone calls and buy necessities for the house Susan Tod ● 22 year old college student ● Echo Dot perfect for small dorms or apartments ● Easily integrate Alexa into his daily life and tries to use Alexa’s features: alarms, reminders, music, etc. Chip ● 60 year old and retired ● Uses Echo Spot: can use all the the features the echo has ● Can use camera to reach relatives through video chat ● Perfect to be set by the bed Personas
  • 28. Product Life Cycle Stage Growth Voice is still on the rise and has yet to reach its peak. There is much more innovation to come
  • 29. Early Majority Susan Tod Early Adopter Chip Early Majority Adoption Curve
  • 30. Target Market Focused on Susan30 year old mother of two children
  • 31. Advertising Funnel Awareness Consideration Trial Purchase Loyalty / Retention Advocacy TV commercials during prime time shows Increase special promotions such as holiday promos Bring more benefits to those who have Amazon Prime & Echo. Send personalized promotions Utilize influencer to showcase all new Echo features and products Increase Online Ads
  • 32. Social Community Social E-Commerce Social Publishing Social Entertainment Facebook- 28.7 million likes Often answer as many people as they can Very responsible Twitter - Content Marketing & Encourage Prime Membership Amazon’s Database of Users Lifestyle bloggers Review system Interactive Comments & Ratings Tech / Home Decor Reviewers Amazon Pinterest is an extension of Amazon’s store Ways to pay- PayPal Integration with Spotify Amazon bought Twitch in 2014 (most popular streaming platform) Fire TV streaming app Deal with Sony and Paramount
  • 35. Jessica Shyba Has a presence on YouTube:Not strong, but we can work with her to grow it Has a full family: falls under the busy mom lifestyle Has a very reputable image: TODAY, Business Insider, etc. Active on her blog: Momma Gone City Has a very current style: The use of the Echo is natural “Momma” is in her @ : She will come up more in mom’s searches Instagram: @mommasgonecity Twitter: @mommasgonecity Blog: mommasgonecity.com Facebook: Momma’s gone city
  • 36. Creative Ad Strategy Show the Echo as a need in Susan’s life, not a luxury. The central idea will be that parenting without the Echo is a thing of past due to how easy and convenient the system is.
  • 37. ACTION THINKING FEELING OPPORTUNITY AWARENESS FAMILIARITY CONSIDERATION PURCHASE LOYALTY ➔ Follows mom influencers on Instagram ➔ Read Facebook comments ➔ Look at Blog posts for time management for moms ➔ Watch Talk Shows* ➔ Coupons* ➔ How can I help get tasks done sooner? ➔ How much do I value this? ➔ What makes this brand different? ➔ Frustrated ➔ Confused ➔ Overwhelmed ➔ Curious ➔ Talk show segments ➔ Starting a vlog channel for new moms ➔ Sponsor Instagram influencers ➔ Goes to the store to see the products and different options* ➔ Researches the best types for a busy mom* ➔ Watches more influencer content on voice assistants* ➔ How will I know which brand will integrate best into my lifestyle? ➔ How important are the difference in the brand? ➔ Are they kid friendly? ➔ Inquisitive ➔ Stressed ➔ Indecisive ➔ Questioning EXPERIENCE ➔ Has a smartphone, laptop, kindle ➔ Use SEO to become a top option in search ➔ HIghlight kid friendly features in store advertising ➔ Emphasize the help it has with everyday tasks ➔ Increased use of the voice assistant on her phone ➔ Looks for a good deal/ holiday specials* ➔ Opens different ads on their Facebook* ➔ Looks further into Amazon’s Product specifically * ➔ Notices an increase in productivity ➔ Contributes to the blog she reads ➔ Comments on the facebook posts ➔ Explores new types to involve voice in her home* ➔ Debates on purchasing through Amazon or Best Buy ➔ Takes a last comparison between the different brands* ➔ PIcks the specific type of the Echo Series* ◆ Echo Gen. 2. ➔ Do I want to wait 2- days for shipping? ➔ Will my Prime Membership do anything for me? ➔ What type do I need? ➔ Is this the right choice? ➔ I think it will be cheaper during the holidays ➔ This ad keeps coming up on Facebook, I should look ➔ Wow the FreeTime feature is great! ➔ I am so happy with this product ➔ I never realized how easy it is to use ➔ I wonder if the other options will help as well ➔ Interested ➔ Increased curiosity ➔ Excited ➔ Determined ➔ Relieved ➔ In control ➔ Satisfied ➔ Eager ➔ Committed ➔ Promote holiday and themed specials ➔ Create a strong online presence (Facebook) ➔ Cater to the specific benefits the Echo has for moms ➔ Make Prime benefits clear and grow them ➔ Offer one-day shipping ➔ Make different types clear ➔ Send personalized promotions ➔ Offer coupons and giveaways on blogs ➔ Give exclusive access to new products ➔ Starts to use voice assistant on phone daily ➔ Ready to integrate the Echo into her everyday life ➔ Fairly dependent on voice assistant * = Touch Points
  • 38. Promotional Channel Strategy The pull promotional strategy will work best with the Amazon Echo. Susan is perceived to already by a Prime Member, so pulling her to Amazon.com to purchase the Echo will be simple and effective.
  • 39. Media Strategy Help Build Jessica Shyba’s YouTUbe presence by introducing blogs for technology and motherhood sponsored by the Echo Increase the number of engaging commercials during Ellen’s daytime talk show due to her high number of daily viewers in the target market Utilize the hashtag #MomSaver to engage young mothers into the community and the benefits
  • 40. ROI Measurement and Optimization Our desired ROI to optimize our investment would be 5:1. For every $5,000 spent we expect 1,000 new customers

Editor's Notes

  1. https://www.businessinsider.com/jeff-bezos-amazon-history-facts-2017-4
  2. Whats the cash cow, etc
  3. Strengths: Affordable compared to competitors is relatively more affordable $65.95 - $117.16 vs $79.99 - $149.76(Google Home) Small/compact can fit well in any living space at home Easily access Amazon Prime services such as online shopping, music, audio books Updates do not come in cycles but as soon as they are created Weakness: Stuck at home/ wifi + plugged in, Alexa is rarely used outside the home due to mobile devices’ built in personal assistant, Opportunities: Hospitality: make hotel concierge easier to do and integrate with amenities, Introduce the echo to more countrie (Asia last fall in India) Threats: We have data/privacy, afraid that Alexa is listening on our conversations. Competition and their own version to smart speakers ( Google is known for its high reputation in tech and has more resources than Amazon)