Sullivan College of Technology and Design Understanding Competitors Essay

User Generated

Relaoebja

Business Finance

Sullivan College of Technology and Design

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:
2 pages
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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...


Anonymous
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