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Questions and Answers
What percentage of the total retail market in the US does e-commerce currently make up according to eMarketer?
What percentage of the total retail market in the US does e-commerce currently make up according to eMarketer?
- 91%
- 9% (correct)
- 19%
- 49%
What is the concept behind Amazon Go stores?
What is the concept behind Amazon Go stores?
- They only sell Whole Foods products
- They are only available in certain cities
- They are physical bookstores
- They have no cashiers and no checkouts (correct)
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Study Notes
- Amazon sells knockoff products at lower prices than original brands
- Amazon has expanded into various industries including groceries, TV, robotics, cloud services, and consumer electronics
- Amazon uses data analytics to move into new sectors and understand customer needs
- Amazon has personal data on customers but has mostly avoided using it in ways that unnerve people
- Amazon is feared by businesses but beloved by customers for being cheap, convenient, and reliable
- Amazon has been accused of displacing jobs and treating warehouse workers poorly
- Amazon has a restaurant delivery service, music streaming service, and an Etsy clone called Amazon Handmade
- Amazon makes hardware and software, movies, television shows, and video games
- Amazon runs labor brokerages for computer-based and manual labor
- Amazon publishes and sells books and owns the book social network site GoodReads.com
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