We’re back for a new episode. Today we’re discussing part 2 of our last topic. The last time we discussed our predictions we spoke about eCommerce in general. So today’s topic is Our Predictions for eCommerce: Amazon. The subject of Amazon is so in depth that its own episode.
On today’s episode we’ll talk about what Amazon is facing in the next few years, and what sort of reactions a seller might see to that market.
Here are today’s topics:
The inventory issues Amazon appears to be having. The increase in storage fees. The benefits of sellers having warehouses. Amazon’s achilles heel and how the competition is exploiting it. The raise of “crap reviews” and why it’s becoming a problem. The “Groupon effect” comes to Amazon. Amazon’s growing product expansion. How that expansion affects other sellers. Amazon’s brick and mortar stores. The customers Amazon have a hard time reaching (or may never reach.) The differences between A, B, and C grade malls. How the mall grade affects brick and mortar availability. The importance of niche marketing in eCommerce. The challenges a newcomer will see in the future.
We don’t see Amazon going away, but it will adapt to this highly competitive climate. E-Commerce is an evolving business and it is adapting with its market. These are just our opinions and observations, but maybe we will encourage you to form your own opinions and observations.
Resources Mentioned Today:
Icewraps)
If you have any questions or anything you’d like us to discuss on the podcast please go to ecomcrew.com) and fill out the contact form. Also we would really appreciate if you would leave us a review on iTunes). Thanks for listening!