Blog

Christmas Sales Slowdown Hits Amazon Hard

Christmas Sales Slowdown Hits Amazon Hard

blog
Thursday night saw a sharp drop in Amazon Christmas sales volumes. This is attributed to some really disturbing Christmas season sales forecast by the online giant. According to the forecast, Amazon postulated that it expects a year-on-year sales growth of between 10% and 20% in the last quarter of this year, from October through December. Comparatively, that would be a notable slowdown from its recent quarter sales jump that saw the company register profits amounting to $5.6. This was quite a boost in sales - 29% sales jump. In the same quarter, preceding the current sales plunge, the company made sales profits close to $2.9bn. That was way more than what it registered in the same period the year; it made $256bn then. By all measures and standards, this Seattle-based…
Read More
Amazon India users are going to get more Prime offerings

Amazon India users are going to get more Prime offerings

blog
Amazon could look at integration of some of its other offerings with its Prime video, such as its ecommerce marketplace and Amazon Music, apart from having already integrated it with its voiceassistant Alexa. A spokesperson for Prime Video in India also said that revenue through advertisements is a possibility in the future. Amazon may look to integrate some of its products on its ecommerce platforms for in-app purchases through secondary screens on its video content, according to one source. Amazon’s goal is to make it  easy for the customer to get what he wants. They are always looking to innovate. For example, the new show Comicstaan has a skill built into Alexa, where you can ask for a joke from a comedian. Amazon is also looking to push its secondary…
Read More
Amazon Prime is Finally in Australia

Amazon Prime is Finally in Australia

blog
This is the moment all have been waiting for. Amazon Prime launches in Australia today. Exactly the same one as in other countries -  the one that gets you fast and free delivery and also a bunch of other benefits. Even it’s just starting, Prime members in Australia will have the widest selection of Prime benefits at launch for any country ever. Here’s what they are: - Free Delivery Two business day delivery to nearly 90% of Australians on millions of local and international “eligible” items. More and more cities, towns and suburbs will be added over time. - Prime Video Access to exclusive Prime Original series and also a lot of popular movies and TV shows. Prime members can watch via the Prime Video app on phones, tablets, Smart…
Read More
Amazon has reached 100 million Prime members

Amazon has reached 100 million Prime members

blog
The CEO of Amazon Jeff Bezos has announced that there is more than 100 million paid members. According to Bezos it’s very important for the company of such size to have high standards. The expectations of the customers is rising from the giant and it’s completely reasonable. It’s impossible to please the ever-rising customer expectations, there is always room for improvement and when the company listens to their customers the feedback is always good. In 2017 Amazon added more paid prime members than any prior years and shipped over billions of items for prime customers worldwide. One the most profitable products is Alexa enabled devices, it’s the best-selling device on Amazon and there is many companies that want to adopt the technology. Alexa has more than 30,000 skilled developers from third…
Read More
Amazon surpassed Google by market capitalization

Amazon surpassed Google by market capitalization

blog
The US electronics giant Amazon overtook Google’s parent company Alphabet by market capitalization, becoming the second-largest market valuation company in the country based on stock price. However, the online retailer still has a long way to go before catching Apple, CNN Money is reporting. Amazon's market capitalization reached $ 768 billion on Tuesday, surpassing that of $ 762 billion in Alphabet, according to S & P Global Market Intelligence. Apple's market rating, however, remains much higher - $ 889 billion. On Tuesday, Amazon ended the session at $ 1 586.51 a share, rising with 2.69%. Amazon's stock has been rising fast in recent weeks. The company passed Microsoft from third place market capitalization on February 14th. The rise in Amazon's stock price has led to an increase in the personal…
Read More
Amazon buys doorbell maker Ring

Amazon buys doorbell maker Ring

blog
On Tuesday Amazon had acquired “Ring”, a company that makes smart doorbells and cameras. Seems like Amazon is pushing forward into the home security business. On last report, the deal is worth around 1.1 billion dollars. That’s the second biggest deal made by Amazon in the company’s history. The first one was the acquisition of “Whole Foods” which is around 13,5  billion. The new acquired asset is well known for manufacturing doorbells with security cameras inside. This high-tech device allows the homeowners to see who is outside their front door. It’s all possible through an app, you can easily monitor your visitors on any phone, even the user is not at home. Amazon set their new priority at home security, after the success of “Echo Family” products. These products allows…
Read More
Amazon faces delivery challenge for Australian sellers

Amazon faces delivery challenge for Australian sellers

blog
Three months after Amazon open their first store in Australia, now merchants can pay to Amazon to pack and ship their products. That could happened through   (FBA) – “Fulfilment by Amazon” program. For some clients in distant settlements - like doctors and veterinarians who make house calls by airplane or helicopters – have already criticized the slower delivery times than suggested by the company's website.Amazon’s main delivery partner is government run Australia Post. For now Amazon has only one warehouse in Australia, where its location is outside Melbourne city on the country's east coast where most of the population lives. On latest reports the online retailer is expected to open more warehouses to service far-flung Australian communities. Australia is big and there is great potential for more Amazon to build…
Read More
Six more Amazon Go stores are likely to open later this year

Six more Amazon Go stores are likely to open later this year

blog
After the first store was opened earlier this year, Amazon aims higher. The company wants to open six more high-tech convenience Amazon Go stores.This is more likely to happened in their hometown of Seattle. The Amazon Go stores took a huge leap into improvement of the shopping industry. All that says a lot about their new store, where there is no cashiers and the shoppers just need to tap the Amazon Go app on their smartphones. The app does the rest of the job for them, by tabulate what they owe, and deduct that amount from their Amazon accounts, sending them a receipt.Another amazing part of the Amazon go store is If the item is put back on the shelf, Amazon removes it from their virtual basket. You can find…
Read More
Amazon invested $90m for chip technology.

Amazon invested $90m for chip technology.

blog
The online giant is researching chips available only to Blink that could extend the battery life of its devices. Last year Amazon paid $90m for company called Blink. The new acquired firm  specializes on home security cameras. The online retailer’s goal is to do more than sell another home security camera , as other sources had thought. Amazon want to lower production costs and lengthen the battery life of other gadgets that includes the mentioned chip above. Amazon has the plan to extend their technology to other products such as “Amazon Cloud Cam” and potentially expand even more of its family of Echo speakers. The main disadvantage of Amazon family products is that they have to be plugged in to power source in order to operate. But all that could…
Read More
Amazon is planning to create 2000 new jobs in France.

Amazon is planning to create 2000 new jobs in France.

blog
The company expending their business in largest European market outside of UK and Germany. By the end of this year there will be 2000 new positions available. Amazon had a problem with the French tax authorities who had been seeking nearly €200m. After Amazon settled that long running dispute with the authorities, the online retail giant wants to grow even bigger in Europe. The online retail giant has been expanding rapidly in France. Since 2016 in Paris, it starts “Amazon Prime Now” express delivery service. There is already five logistic centres nationwide and plans to open a 142,000 square foot delivery warehouse in 2018. The increase of work places in Amazon will bring a total number of 7,500 staff members in France for the year of 2018.This will reflect positive…
Read More