An Amazon-centric strategy must be holistic and adaptable.
In this article, the author makes the case for having Amazon at the center of a brand’s ecommerce strategy. The piece shares that global ecommerce sales are set to reach $4.9 trillion in 2021 from $2.8 trillion in 2018. The author argues that Amazon could make sense for brands as about two-thirds of consumers start their product search on Amazon.
Another three-fourth consumers head straight to Amazon when they’re ready to buy. Having a holistic, adaptable Amazon strategy can help businesses maximise performance across pricing, inventory, brand management and customer service, all the while preserving voice and equity.
Amazon’s advertising and branding services are benefits a brand can consider. Through Whole Foods, Fire TV and Alexa, companies can be innovative and deliver multi-channel advertising experiences, and gain insights and diversify inbound revenue streams.
[3 minute read]