Description
In this Course you will learn how to generate good revenue by selling your local products on Amazon. This course is for beginners. Amazon is the world’s largest online retailer and is rapidly growing its footprint in other areas such as physical retail stores, subscription services, and web services.
Amazon’s retail store rivals include Target, Walmart, Best Buy, and Costco.
For subscription services, Amazon competes with Netflix, Apple, and Google.
In the web services category, Amazon has several rivals such as Oracle, Microsoft, and IBM.
Online Stores
This category includes product and digital media sales from Amazon’s e-commerce website. The company offers its customers a wide selection of durable and consumer goods along with digital-format products, such as e-books, videos, software, music, and games.
Amazon’s competition in this segment includes Light In The Box Holding , VIP shop Holdings(VIPS)(JD), Wayfair.
Physical Stores
Although sales from online purchases represent the bulk of the company’s revenue, Amazon greatly expanded its presence in the physical retail space with its 2017 acquisition of grocery retailer Whole Foods Market.3 Amazon also operates four other types of physical stores: Amazon Books, Amazon 4-star, Amazon Go, and Amazon Pop Up.
Third-party vendors sell their products using Amazon’s online marketplace platform. Amazon’s popularity as an e-commerce site enables many third-party sellers to reach a wider customer base and grow their businesses. For this service, Amazon charges commission fees, shipping fees, and related fulfillment costs.
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