Description
Identifying and understanding your competitors is critical to any business's success. For this assignment please select a company, then compare and contrast at least two competitors of that company. If you were to start a business in this industry, how would you strategically position your business to compete with these companies?
Explanation & Answer
Attached.
Introduction
Analysis of top two Amazon competitors
Paragraph 1
- Although Amazon is mainly known for online retail sales, the company offers a whole
lot of other services such as physical stores, subscription products, and third-party sell
services, among others
- The focus, in this case, is the e-commerce retail sales
Paragraph 2
- Walmart has the highest number of employees, at 2.2 million while Amazon has
647,500, and eBay 14, 100.
- Walmart leads in this section because it has vast physical stores span across the United
States
Paragraph 3
- Although e-commerce is the future of retail sales- due to its convenience and popularity,
competition is quite stiff
- If I were to start a business in this industry, my primary focus would be on customer
experience.
Running head: AM...