What is the Amazon Effect? To put it simply, this statement refers to the difficulty of various stores, more specifically brick-and-mortar shops, to compete with Amazon. Amazon’s vast selection, free returns, fast shipping and low prices can contribute to high customer expectations, for any other retailer who wants to compete.
Do you think that Amazon is obliterating competition? According to research, Amazon’s success has led some companies to close. However, there are also several businesses that used the Amazon effect effectively and creatively to compete for more consumers. At the end of the day, the Amazon effect is just one reason why the online retail landscape is always in flux.
Are you looking for quality ecommerce solutions in Malaysia? Before finalizing any deal with a reputable firm, below are some things you should keep in mind with regards to the Amazon effect.
1.Match Amazon’s efficiency and speed.
Many ecommerce providers have been under the pressure to match the retail giant’s efficiency and speed. In line with that, there is no evidence that people’s expectations are easing. Expect more ecommerce businesses to turn to reliable courier software in order to exceed or match Amazon’s delivery services.
2.Wait for the “mobile-first” switch.
eCommerce provides are now targeting mobile users. This 2019, mobile apps for online businesses will become a priority. More and more ecommerce stores are generating majority of their sales online.
3.The online grocery competition will continue.
Do you think Amazon is doing well against Whole Foods? At this day and age, more people are depending on online grocery delivery services. However, many are still preferring to shop for food products physically. In this case, the takeaway is clear. The war for the online grocery market is bound to continue.