The Biz Doc, Tom Ellsworth dives into case study #11 How Amazon Dominated Retail. Subscribe to Valuetainment:
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About Tom Ellsworth: THOMAS N. ELLSWORTH, is an experienced CEO / COO and entrepreneur. He has been disrupting industries and driving consumer shifts through Venture-backed companies in technology, software, publishing and mobile that have generated exits totaling over $1B. Watch the interview with Patrick Bet-David:
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About Amazon: Amazon.com, often simply Amazon, is an American electronic commerce and cloud computing company, founded on July 5, 1994, by Jeff Bezos and based in Seattle, Washington.
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One word for that, DAME
Thanks for pinning this comment
Walmart done well to stay up their. Shame others do not adapt well. Amazon has a great vision which has helped them excel.
I Love these videos!! Thanks Tom
Amazon is the Wal-mart of online markets. Also I've been going on Amazon because I can read reviews, fast shipping, and flat-rate and free shipping. I was the bookie, the person searching for books; you can have previews on the books before buying and a competitive list of second-hand vendors. It is convenient and idiot-proof. Their return policy is also unheard of, nearly guaranteed on most if not all items within a long window of time. And then buyers get to rate the sellers so there's a constant feedback loop and incentive to improve service. It's like ebay 2.0…
Amazon is amazing… But this guy is in love… with Amazon
The whole point of investing in a business is that by using your capital they can grow profits larger through economies of scale, exclusion, etc. Just growing your top line, expanding, and not growing your EPS is asinine. Amazon does not have a plan for growing larger profits. It only has plans for growing sales. You don't dive into the food business trying to increase profits. You do it to increase sales. Their viable and profitable businesses will be spun out and the online sales Goliath will implode under its own weight. Alibaba has a much better business model and is profitable.
We're too busy to shop in stores. I rather play with my kids instead of spending my free time buying groceries and clothes shopping.
I love Amazon Prime NOW. ? In fact, just got 7 gallons of water, various vegetables, and cold medicine in 1 hour. Delivered to me. With a few clicks on my phone.
Amazon is now making their own products…..one year after this video
How to dominate market in US? Hired as little workers as possible and find a way to replace those workers till only owners and robots left!
I have a custom t-shirts e-commerce site and this video is SO good!!! Search, selection and delivery with quality are the keys!! Thanks thanks thanks!!!
I go on Amazon and look at the review, find a product, than buy on eBay or brick and motar retail.
Like the vid guyszz
Great energy..?
Search. Selection. Delivery. iphonechargers.me
17.5 to 385. If you like amazon or not you have to admit thats a crazy return on investment O__O
how about case study on apple
Excellent study! Flawless, as always!
Yeah? Well they still can't deliver me a mail order bride from Russia overnite.;)
Can you please quote your sources of information when referencing numbers? thanks
biz doc is da man
Hi Valuetainment, thank you for all the work you put into thsese videos – having access to so much wisdom and experience helps a lot.
Nowadays, with Amazon taking over the world, traditional storeas are having a hard time surviving.
Can youb please do an study on a succesfull brick and mortar chain?
Thank you
Thank you very much guys, truly valuable content !
amazon has improved my quality of life so much
Vivek Bindra is better than you
walmart case study
A genuinely great business channel
Love this Tom – thank you so much. Loving info and the retro F1 shirt!
That dayyummm was well deserved
Outstanding video as always! Super thanks to you, Pat, and Valuetainment team!
I love your videos but I have to come down on you about this one. You talk about Amazon as if they are a great thing and good for the economy but you are wrong. I own an online retail business and they have destroyed my business. I have been in business 14 years and had a built it into something very successful until a few years ago. They have basically put me out of business. Plus several of my friends who own online businesses. We are all on the verge of going under. So no… They are not a good thing. We worked very hard to build our businesses to what they are today and this company is Destroying the retail market place in this country. Pretty soon you will not have any online choices… Amazon will be the only online seller.
tom, where do you get your data?