Gave up and went on buying young lives like this but returned because sewing machine sewing i suppose was more appropriate for girls than writing and by. Now i was a. Woman back home full of bones and social rules and informed them about deadbeats and rights my name is the about of people and they were more into. The pandemic is hitting businesses except for amazon the american ecommerce dime has doubled its quarterly profit compared to last year what does amazons market dominance mean as cost the most and how does it affect ecommerce in general our topic today on ship. In the midst of the ongoing Coronavirus Crisis Online Shopping has been booming the reasons appear to be obvious to many people around the world voiding shops prefer to shop from home the following products where. Especially popular during the 1st weeks of the crisis in germany had sets. On an increase of more than 900 percent that makes sense as germans are known to be hardworking and had said simply no working from home more efficient free weights an increase of 2740 percent for that little bit of exercise between work calls from all of us saw an increase in demand of close to 3000 percent the current boom in Online Shopping has especially benefited one Company Amazon the American Financial analyst tom ford says 19 has been amazons growth. What does amazon do so much better than other businesses thats what we asked the economist from cologne she says is based on several factors. Amazon takes a different approach from other companies where the customer is 100 percent the sole focus and their strategies are consistently geared towards customers and their needs thats what makes them so successful in the amazon success is based on several factors the seemingly never ending choice on its website there are about 300000000 products for sale price many products are really quite cheap and delivery is often cost free. Availability amazon delivers right to your doorstep and usually the very next day. Claims exchanging or returning something is Pretty Simple amazon is becoming increasingly integrated into everyday life i can listen to my music there i can watch movies and t. V. Series there are many many connecting points. One shortcoming however is being increasingly criticized. The Quality Control of products offered by 3rd party suppliers. With products of counterfeit or poor quality the company tries to make the sellers responsible for not always easy to reach. But the. Some bad apples usually on amazon the customer is always right sounds great but what consequences do retailers and producers face when almost everything is amazon. Today over 50 percent of all online products directly on amazon this is hitting small and medium sized businesses especially hard and they are dependent on participating in amazons expensive shipping program to remain competitive on the platform. James thompson created the marketplace for amazon today he consults other companies on how to successfully sell products that. Your products show up in organic church results your product have good customer conversion it all comes back you do in fact use amazon to do your fulfillment so thats one example where. You basically have to accept that if you want to solve the platform youre going to have to use the shipping program to be relevant amazon has started selling its own products directly on its platform in 2009 company founded. The inhouse Company Amazon basics this brand sells everyday products often at bargain prices and the rate is constantly. Very long term perspective theyre prepared to lose a little bit of money here in their own individual cells what they want is. To keep coming back to seattle based company has a clear advantage over amazons marketplace gives them access to the competitions data this online as an identified best and use that knowledge for advertising their own products. Theyre also persistent claims that. Successful products. Will represent small and medium sized businesses in their fight against amazon theres a Company Called green design and the laptop stand they have done very well on amazon the Great Customer reviews and. Created and exact. The amazon marketplace. Groans Companies Access to a growing number of potential customers us also collects huge amounts of data for its. Products labeled as best sellers or the deal of the day most excess for the same goes for Real Supermarkets too for vendors the socalled buy boxes on amazon equally important small check boxes on the website shopping screen that a low cost the most to place products directly into the shopping cart but the algorithm that determines which seller gets to buy a box is kept secret what we do know is that pricing reviews and distance between product and customer all influence how sellers are ranked but the most promising key to success is f d a f e a means fulfillment by amazon vendors that agreed to this deal which essentially means paying more for Amazon Services have higher chances of scoring a box Stacey Mitchell has been monitoring amazon for 10 years and its consistently causing more discomfort 3 critical remarks from her point of view. Its amazons marketplace and the rules of who can sell their on what terms they can sell who gets to see their products how pricing works are set by amazon it would be as though walmart you know not only came into your town and opened up a big store are but also bought up all of the commercial real estate and suddenly any business that wanted to open and competing with walmart would have to rent from walmart and walmart could decide whether they got a storefront or not and how much they paid and you know so its a monopolization thats on another level. What is true is that amazon actually benefits from counterfeits amazon and uses than and as leverage against suppliers so we saw this a few years ago with the shoe Company Birkenstock they had been complaining to amazon because their lack counterfeit birkenstocks on the site and they could not get amazon to do anything about it and eventually amazon said oh yeah you have to sell us your full line issues on the terms that we want and then well clean up the counterfeits. Those that do find a way. May find if theyre successful or 2 or 3 years in the actually begin to build up a bit of a business doing it and hire people and wow this really works well once they sort of get to a certain size a certain amount of say oh this is though amazon kind of notices them at that point and then it starts to get harder suddenly there are more fees and it becomes more and more costly and more and more difficult to be successful the more successful or kompany it is on amazon the more expensive it gets for them to use the platform to sell that sounds like a pretty bad deal for individuals hallos can we as customers do something about it yes but the alternatives usually require a little work one example checking office directly on manufacturers web sites usually thats cheaper than you think and it even might be beneficial for your warranty they also platforms but icons of Climate Change and sell products which are free of plastic or make sure to use Carbon Neutral Delivery Global ecommerce is the stream of profitable which is why all the tech giants are now trying to catch up google wants to focus on expanding its ecommerce business and is currently testing a new app shop and the app shows short clips of influenzas presenting products which can then be directly auto shop to target audience is instagram uses so far its mostly been about Beauty Products facebook has just introduced shopping on its platform to. Increase its paper produces greeting cards for part of a growing trend amongst Small American Companies the from iran business from Charleston South Carolina uses antique Printing Presses to mint the cards and the new online shop and facebook to sell them. Introduced only in shops to facebook and instagram during the corona crisis he says its to help retail. As receive some of the financial losses suffered during the pandemic this is going to make up for all of that lost business but it can help and for lots of Small Businesses during this period this is the difference between staying afloat or going on over 160000000 Small Businesses use facebooks infrastructure to advertise products and services they use posts to embed links to their products but 1st the users had to leave the app and buy products directly on the retailers websites but not anymore. In meats paper is one of just a few Small Businesses and now to test the new ecommerce features jamie no june the owner loves it. When like amazon and sellers here dont need to rely on an expensive shipping program. Setting up shops is free no programming skills required. We want people to handwrite words of instagrams audience really. Kind of helped us and telling that story so as we looked at their ecommerce features that were coming out. You know it was like wow this completely reduces the friction of going to a separate website once your credit card is registered you can use its an all across the platform its convenient and it increases how long you stay on the Site Institute for local selfreliance fears that facebook is using this as a backdoor to collect things in a Consumer Behavior the whole Business Model is based on data Stacey Mitchell says he is using this moment of desperation to position facebook in that market facebook may in a moment be offering a little bit of competition for amazon another way or Small Business is to get to market but you know we should remember that facebook itself is looking looking to corner the market dominating the market is key facebook introduced the new shops feature amazon is offering an all inclusive experience and apple has been excluding troublesome cell us from the i o. S. Universe who can stop the big 4 heads of state as well as small time Online Sellers regularly complain about their dominance but then nothing happens that might be about to change though in the u. S. Home to these tech giants opposition is growing the big 4 tech executives came under strong scrutiny in an antitrust comedy hearing in the u. S. House of representatives whether its through self preference and predatory pricing or requiring uses to buy additional products they dont want to platforms have wielded their power in destructive harmful ways in order to expand thats spot on the bigger question is whether the u. S. Will take action which means working against the interests of big American Companies what do you think to kompany is that dominate the market like amazon need to be broken up or is the mockin sad regulatory it is not what you. Think on facebook on g. W. Dot com and if you want to know more about amazons follow jeff bezos make sure to check out our you tube channel thats it from me good bye and you next time. Im told by germanys kill screen racetrack for speedsters its a dream come true. Calling to see a sky stein a cake gives it that heavy foot test. No speed limit. No problem. What does a crash researcher say for red. Sox. Theyve been robbed of their soul and thats what a people experiences when their heritage is taken from them. Countless cultural riches were brutally stolen from africa and carted off to europe by colonialists. Each artifact has blood on it from the ones that have yet to heal. What should be done with the stone north from africa. This is being hotly debated on both continents the. Stolen soul starts september 7th on g. W. You know that im such a fan of spain i mean the acceleration. Here is the same so. We are living it during
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