The document discusses proposed changes to Amazon's current business system. It notes that Amazon's current system gives sellers full control over their pages and products, making it difficult for customers to find new sellers. It proposes that Amazon adopt a new AI-based system to standardize operations and allow AI to generate tailored sales strategies. It also suggests making it more difficult for new sellers to directly list products without manager approval. These changes could help improve the user experience on Amazon.
The document discusses proposed changes to Amazon's current business system. It notes that Amazon's current system gives sellers full control over their pages and products, making it difficult for customers to find new sellers. It proposes that Amazon adopt a new AI-based system to standardize operations and allow AI to generate tailored sales strategies. It also suggests making it more difficult for new sellers to directly list products without manager approval. These changes could help improve the user experience on Amazon.
The document discusses proposed changes to Amazon's current business system. It notes that Amazon's current system gives sellers full control over their pages and products, making it difficult for customers to find new sellers. It proposes that Amazon adopt a new AI-based system to standardize operations and allow AI to generate tailored sales strategies. It also suggests making it more difficult for new sellers to directly list products without manager approval. These changes could help improve the user experience on Amazon.
The document discusses proposed changes to Amazon's current business system. It notes that Amazon's current system gives sellers full control over their pages and products, making it difficult for customers to find new sellers. It proposes that Amazon adopt a new AI-based system to standardize operations and allow AI to generate tailored sales strategies. It also suggests making it more difficult for new sellers to directly list products without manager approval. These changes could help improve the user experience on Amazon.
Institute of Graduate Studies and Research Management
Information Systems (PhD)
Assoc. Prof. Dr. Mary AGOYI
Course Code : MIS606 2022/2023
AZAT HAMZA : 22200929
Amazon Company
Amazon is an American e-commerce company based in Seattle. It is one of the
giants of the Web, grouped under the acronym GAFAM, alongside Google, Apple, Meta and Microsoft. Created by Jeff Bezos in July 1994, the company was sold on the NASDAQ stock exchange in May 1997.
Many people admire Amazon and consider it an efficient and powerful corporation. Amazon is an e-commerce platform where buyers and sellers meet to consummate transactions. Essentially, it is a website that sells products to users worldwide. Throughout the years, it has become one of the most recognized brands in the world. It has also transformed itself from a simple online retailer to a multi-billion dollar company. Despite its massive success, there are several issues that plague the company, which is why some people have proposed radical changes to its system.
The current system of Amazon is a closely guarded secret. However, it is known that each seller on the site has his or her own set of policies and procedures. Each seller is also in charge of creating their selling pages, products and sales strategies. In addition, sellers have ultimate control over which products they will offer for sale on the platform. All these things make Amazon a very effective place for business transactions. However, there are several drawbacks when applying this system to business management.
The problems with the current system of Amazon are numerous. For one, sellers have complete control over their sales pages, products and customer interactions with their pages. This makes it difficult for potential customers to find new sellers and limit competition within each category. In addition, there are no internal standards for how to run an online business; each seller operates differently and pursues their goals differently. All of these things make it difficult for potential customers to find and purchase quality products from all over the world.
It's evident that Amazon needs to adopt a new system in order to improve user experience and standardization. An ideal system would be based on artificial intelligence (AI) that would help standardize business operations within the company. In addition, this new system should allow AI to plan sales strategies for individual sellers within 48 hours of applying data gained from buyers and sellers. This would increase sales exponentially by targeting specific buyer demographics and by generating offers tailored to specific seller needs and interests.
The best solution to this problem involves altering how new sellers join the system as associates. Currently, anyone with an internet connection can create an account on Amazon and start selling products immediately. This makes it very easy for small businesses without any financial or technical experience to start selling products online. However, new sellers have little incentive to join the system because they can easily start off-selling products themselves with no financial investment or technical know-how required. To fix this problem, Amazon should make it more difficult for new sellers to directly engage with current accounts without obtaining approval from managers first.
A radical change is needed when considering how the current system of Amazon functions- especially since it has proven successful worldwide as one of the most recognizable brands in modern commerce. Many issues plague the current system, which is why there have been several proposals for how it can be improved in light of its global popularity. A New System Of Amazon may just be what is needed to make shopping on
Amazon both efficient and enjoyable for everyone involved!
Company Name: Grace Arts Founder: Rebekah Tribhuvan Location: Bhandup East, Mumbai Company Type: Manufacturer of Stationery and Lifestyle Products. Company Operations: E-Commerce
