Jeff Bezos: The Man with the Midas Touch?
With Jeff Bezos’s brainchild, Amazon Home Services, the platform aims to streamline the search for reliable and affordable service providers while ensuring that customers enjoy a hassle-free experience from start to finish. The service has eased a great deal of anxiety from homeowners, and it continues to gain popularity, catering to diverse needs from home improvement and maintenance to tech and repair services.
In 1995, a family with Bezos invested $250,000 on a startup marketplace for books online out of Washington. The business was originally named “Cadabra Inc” Jeff Bezos got the name from “Abracadabra!!!” which he envisioned to become the new “magic spell” for the future that lies on online shopping.
“It’s hard to remember for you guys, but for me, it’s like yesterday I was driving the packages to the post office myself and hoping one day we could afford a forklift.”
~ Jeff Bezos, Amazon Inc.
The company was re-branded “Amazon” later on to eliminate any mispronunciation or confusion. Amazon was an early hit, reaching 180,000 customer accounts and generating nearly $16 million in revenue in its first year of business. Its second year, it had captured over 1 million customers and a revenue of $148 million.
“We’ve had three big ideas at Amazon that we’ve stuck with for 18 years, and they’re the reason we’re successful: Put the customer first. Invent. And be patient.”
~ Jeff Bezos, Amazon Inc.
In 1999, Amazon began expanding beyond books, offering products on their electronics and toys. And the result was a massive sales success…
Today, Amazon sells virtually everything, generating billions of dollars a year!
“What we need to do is always lean into the future; when the world changes around you and when it changes against you – what used to be a tailwind is now a headwind – you have to lean into that and figure out what to do because complaining isn’t a strategy.”
~ Jeff Bezos, Amazon Inc.
Looks like it’s the end of the World for small business, right? Actually, no. Despite Amazon’s dominance in its industry, Amazon has done a unique thing: it has created a marketplace for sellers like you and me.
What are the home services provided on Amazon.com?
Well, it’s effortless; With the selling services throughout the Amazon app, professionals can sell their services directly to Amazon customers in their area. The app will provide listings of jobs in your area, and you can pick whatever fits your needs and schedule. Services you can request thru the app include:
How do Amazon home services work?
The products and service purchasing experience is pretty much the same; you can browse through the app, add a service to your shopping cart, choose what time you want it, and schedule an appointment. Here is a quick tutorial to show how functional the app is:
What are the requirements to sell services on Amazon?
According to Amazon.com, All Amazon Home Services providers are required to carry General Liability insurance with a limit of $1,000,000 US dollars per occurrence. You will be required to provide your insurance information upon registration.
Also, if you select a trade profession (Electrician, Plumber, HVAC Specialist, General Contractor), you will be required to provide appropriate license/certification information required by applicable laws or regulations.
For more details you can always visit:
Once again, Amazon.com is taking over a huge piece of the sales cake online today by simply understanding the dynamics and the needs of the modern consumer today.
The rapid change in retail eCommerce growth for a few particular industries. The evolution of retail eCommerce, which has witnessed the launch and adaptation and technological and processing and customer experience adaptation, and much more. Regardless of the obstacles, 2018 has been a good year for Amazon. With a tremendous increase in retail ECommerce, it has been rampant for the past few years. Accompanying the rapid change in retail eCommerce technologies comes noteworthy globalization of retail.
Custom enhancement to your platform, Direct-to-consumer brands are companies that allow consumers to purchase their products online, without the need for a middleman. These types of businesses typically only sell one type of product and offer a low-cost alternative to a product usually sold in stores. Direct-to-consumer brands are companies that allow consumers to purchase their products online, without the need for a middleman. These types of businesses typically only sell one type of product and offer a low-cost alternative to a product usually sold in stores. The business model is often used by startups who are looking for ways.
What is the future of retail?
The future of retail is a very complex question. It’s hard to predict what will happen with the industry in the next few years because so many factors are at play. One thing that certainly will change is how we shop. More and more people are turning to online shopping because they can find the things they want without having to go anywhere in person, which saves time and money. However, the experience of going to a store and being able to touch, feel, and try on clothes will always be different from shopping online. This may change as the technology improves but for now I think that.
Facebook remains the top acquisition channel
In this article, the author provides a detailed answer to how Facebook remains the top acquisition channel. In summary, they say that social media sites have been most successful because of their attention-grabbing headlines, easy sharing and consumption of content, and the information overload that makes people gravitate towards it. Facebook is a social media site that has been successful because they have created tools to help businesses connect to their customers. Facebook has also expanded, making it the number 1 choice for people who want to share content with friends and family.
What are the advantages of eCommerce?
The advantages of eCommerce are it saves time, money, and effort. There is no need to go in person to the store when you can easily order products online. You will avoid waiting in long lines, risking the chance of someone getting in line ahead of you or having to return home for your wallet. You will also not have to worry about forgetting something that is needed for checkout and potentially forgetting to purchase it. There is also less packaging waste since you are not wasting the plastic bag that the item comes in and there’s no need for paper receipts because all of your information will be on.
What are the disadvantages of eCommerce?
The disadvantages of eCommerce are low customer interaction, difficulty in marketing products with the same efficiency as in retail stores, and technology failures. Low customer interaction can be a disadvantage because there is an absence of visual cues that would allow customers to make informed decisions about products. Retail stores usually have employees available for customer service and questions, but eCommerce does not provide the same degree of personal assistance. It is difficult to market products with the same efficiency as in retail stores because eCommerce does not have a physical location, which means there are fewer marketing opportunities for businesses.