Amazon is the latest online market on the planet which trend,Founder is jeff bezos,is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence.Founded july 5 1994.Which has hadequater in seatle,Washington,Arlington,Virginia(USA). Amazon.com sells lots and lots of products, The direct Amazon-to-buyer sales approach is really no different from what happens at most other large, online retailers except for its range of products. You can find beauty supplies, clothing, jewelry, gourmet food, sporting goods, pet supplies, books, CDs, DVDs, computers, furniture, toys, garden supplies, bedding and almost anything else you might want to buy. What makes Amazon a giant is in the details. Besides its tremendous product range, Amazon makes every possible attempt to customize the buyer experience.One of the thing which make amazon company to be stable is allowing people and others companies to be amazon parterners.Amazon is the big brand now due to its diversifications made through engagement of small enterpreneures to sales through amazon,Due to that amazon take domination to most sales and stand as a big giant online market.As numbers of enterpreneures and companies join amazon proceed to make amazon market stable.Due to large brand of amazon makes many peoples around the world trust them,which ensures easily many peoples from differenties countries make orders of products and amazon shipped to them.As the days going on amazon brand become more powerfully due to creativeness and inovation applied,Now days amazon use high technologies to provide good services and manage stocks inorder to increase numbers of sales,Examples of technology they use is Artificial intellegence.
Amazon it serves worldwide .These are country where by amazon provide services to them:
in Africa and middle east are Algeria,Jordan,Nigeria,South Africa,Angola,Kenya,OmanTanzania,BahrainKuwait,Pakistan,Tunisia,Botswana,Kyrgyzstan,Palestinian Territories,Uganda,Cameroon,Mauritius,Qatar,United Arab Emirates,Egypt,Mayotte,Reunion,ZimbabweGhana,Morocco,Saudi Arabia,Israel,Namibia,Senegal.
Americas,are these country Argentina,Cayman, Islands,Guadeloupe,Paraguay,Aruba,Chile,Guatemala,Peru,Barbados,Colombia,Honduras,Saint Kitts and NevisBelize,Costa Rica,JamaicaSaint Martin,Bermuda,Dominican Republic,Martinique,Trinidad and Tobago,Bolivia,Ecuador,Mexico,Uruguay,Brazil,Salvador,Micronesia,Venezuela,Canada,French ,Guiana,Panama.
Australia,Asia and pacific,'Australia,IndiaMarshall Islands,South Korea,Bangladesh,Indonesia,New Caledonia,Sri Lanka,Cambodia,Japan,New Zealand,Taiwan,China,KazakhstanPalau,Thailand,FijiMacao,Philippines,Vietnam,Hong Kong,Malaysia,Singapore.
Europe,'Albania,Estonia,Lithuania,Serbia,Andorra,Finland,Luxembourg,SlovakiaArmenia,France,Malta,Slovenia,Austria,Germany,Monaco,Spain.
This is how Amazon work
Manufactures,Businesss and individual sellers sell their invetory to Amazon at whole sales rates.Amazon vendral central that gives Amazon ownership of the seller invetory,which is then marked and sold to shoppers on their website.Once order has been placed ,the product is shipped from Amazon's warehouse.
Amazon use techonolgies which are based in Artificial intelligence to increases numbers of sales.These are among
•Flywheel
•Al bot Alexa
•Sales forescasting and inventory management
•Chatbot
•Amazon fulfilment technology(AFT)
•Amazon prime air.
Amazon’s approach to Artificial Intelligence is called a flywheel,The amazon flywheel is a strategy that reverages customer experience to drive to drive traffic to the platform and third party sellers,That improves the selections of goods and amazon further further improves its cost structure so it can decrease prices which spins the wheel.The big advantage of use flywheel model is to lower prices in order to attract more customers and third part vendos which result offer a broader range of product at minimum cost.
Amazon is one of the first company to use AL BOT ALEXA ,This bot can understand user input provided with text or speech and converse in natural language.This bot can communicate with people in ways that feel effortless ,solve problems,and get smarter over time.
Sales forecasting and inventory management,Amazon inventory forescasting helps you to plan your inventory and meet demand.It also help while reducing cost by automating the process of taking into account replenishment rates of products inorder to determine the exact quantities that need to be orderd at any given time.
Chatbots,Amazon is implementing bot technology to better automate its online channels. AI-infused chatbots are a vital ingredient in the recipe of ‘conversational commerce’. This trend is beneficial because it can be used to drive sales through customer interaction and because it streamlines customer relationship management (CRM).When you access the contacts us page ,you can chat with Amazon's customer service chat bot
Amazon fulfilment technology,Amazon Fulfillment Technologies (AFT) powers physical fulfillment for goods to customers buy on Amazon world-wide. systems are designed to handle billions of transactions between the physical processes and the Amazon Supply Chain.This technology designed to increases warehouse management efficiency and reduce time,All in all these technology help to increase productivity and derives more products to people.
Amazon prime air,Amazon use drone technology inorder to increase number of sales by reducing number of vans on the road,drone derivaries can reduce traffic congetion,noise pollution,and harmfully emissions.Drones may also be an efficient way to deriver urgent medications and medical supplies in rural areas.
Roles and mission of Amazon ,'Amazon’s mission statement is to “serve consumers through online and physical stores and focus on selection, price, and convenience.” Amazon’s vision statement is “to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices.”
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