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Amazon: The biggest name in the world of E-Commerce
Being one of the leading businesses in the realm of e-commerce, Amazon
is in the position to 10x its market capital by powering every e-
commerce transaction in the world.
Amazon’s strategy to multiply their business revolves around the idea of
owning a 100% transaction in the e-commerce industry.
Flaw In The Idea
In the process of the success of its strategy, Amazon needs to power
every e-commerce transaction by providing access to easy login,
payments, authentication, and data on every buyer.
But, the policies Amazon follows, does not allow it to share the access
with anyone losing the opportunity to enhance everyone’s e-commerce
experience.
Mistakes Made By Amazon
1. Amazon acquired Zappos for $1.2 billion. Well, this move made by
Jeff Bezos did not prove to be worth it and seemed like a dud in the sea of
winners.
Although Zappos still generates about $2 billion in annual revenue; and
since Amazon trades at about 3x price/sales, Zappos generates about
$6 billion of extra market capital.
2. Another crucial tactical errors made by Jeff Bezos includes:
Careless Tax and Financial Practices, and;
Unfair Treatment for Amazon Sellers
There are several times that Bezos has been accused of paying far less
taxes than he should be.
Other than being accused of questionable tax practices, Amazon is also
popular for its blatant disregard towards the merchants who choose to
sell on the platform.
3. There is another significant error that may tamper the company’s
functionality in future, i.e., trying to do everything.
We cannot deny the fact that Amazon has achieved a tremendous success
rate in every business it is involved in. But, even though robots partially
run the company, the Amazon staff, including Jeff Bezos himself are all
humans.
This makes the company susceptible to human errors.
Unable To Decide?
Seek Help From Experts At MyAssignmenthelp.Com
My assignment help is dedicated to ease out the life of students and teachers
alike with information on various academic tools and learning
methodologies. The experts associated with us possesses great knowledge
and experience in various work profiles.
Get expert help on 100+ subjects and all kinds of assignments with
myassignmenthelp.com. Connect to us at www.myassignmenthelp.com.

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Mistakes made by amazon

  • 1.
  • 2. Amazon: The biggest name in the world of E-Commerce Being one of the leading businesses in the realm of e-commerce, Amazon is in the position to 10x its market capital by powering every e- commerce transaction in the world. Amazon’s strategy to multiply their business revolves around the idea of owning a 100% transaction in the e-commerce industry.
  • 3. Flaw In The Idea In the process of the success of its strategy, Amazon needs to power every e-commerce transaction by providing access to easy login, payments, authentication, and data on every buyer. But, the policies Amazon follows, does not allow it to share the access with anyone losing the opportunity to enhance everyone’s e-commerce experience.
  • 4. Mistakes Made By Amazon 1. Amazon acquired Zappos for $1.2 billion. Well, this move made by Jeff Bezos did not prove to be worth it and seemed like a dud in the sea of winners. Although Zappos still generates about $2 billion in annual revenue; and since Amazon trades at about 3x price/sales, Zappos generates about $6 billion of extra market capital.
  • 5. 2. Another crucial tactical errors made by Jeff Bezos includes: Careless Tax and Financial Practices, and; Unfair Treatment for Amazon Sellers There are several times that Bezos has been accused of paying far less taxes than he should be. Other than being accused of questionable tax practices, Amazon is also popular for its blatant disregard towards the merchants who choose to sell on the platform.
  • 6. 3. There is another significant error that may tamper the company’s functionality in future, i.e., trying to do everything. We cannot deny the fact that Amazon has achieved a tremendous success rate in every business it is involved in. But, even though robots partially run the company, the Amazon staff, including Jeff Bezos himself are all humans. This makes the company susceptible to human errors.
  • 7. Unable To Decide? Seek Help From Experts At MyAssignmenthelp.Com My assignment help is dedicated to ease out the life of students and teachers alike with information on various academic tools and learning methodologies. The experts associated with us possesses great knowledge and experience in various work profiles. Get expert help on 100+ subjects and all kinds of assignments with myassignmenthelp.com. Connect to us at www.myassignmenthelp.com.