Question

In detail, please identify amazon ecommerce's Competitive Challenges in the industry. Explain in detail and list the sources you found the information on. Thank you.

Answer 1

With the ability to absorb losses and expand across several business lines, Amazon has become massive. By taking losses, Scale was founded and consumers became loyal through low prices. When prices rose, for instance in Prime, the majority of customers stayed at But the legal trigger for predatory pricing was never fired because losses were accrued. Predatory laws on pricing usually apply when the company in question makes super profits through such pricing

Amazon has become a marketing platform, a distribution and logistics network, a payment service, a credit lender, an auction house, a major book publisher, a producer of TV programs and movies, a fashion designer, a computer supplier and a leading provider of cloud server space and computing power.

Governing online platform markets through competition: i.e. reducing dominance by restoring conventional concepts of antitrust and competition policy which look at market dynamics, not just pricing Governing dominant platforms as monopolies through regulation: i.e. imposing common carrier responsibilities and duties, i.e. treating all suppliers and/or investors on a platform in the same way as enjoyed.

Aside from free shipping recommendations, artificial intelligence (AI) is currently helping online businesses build up the shopping experience around each consumer, providing more relevant suggestions and enabling them to find out more quickly what they want. "When you enter a new market, you have to consider currencies, how people buy, how people shop, what's applicable in that market, the cost of delivery," she said. "Figure out what markets you want to concentrate on and slowly build it from there

Source- Economic Times