Question

In: Economics

Write a recommendation on how the company should address all aspects of the problem or challenge...

Write a recommendation on how the company should address all aspects of the problem or challenge that has to do with Amazon's third-party sellers. Items you may include: Proposed solutions/recommendations Main/best solution(s) Well-researched arguments and evidence to support solution(s) Details of all aspects related to understanding and implementing the main solution (relevant information about the industry, market, environmental factors, etc.)

Solutions

Expert Solution

Challenges with Amazon's Third-party sellers:

  • Unverified sources and lack of quality material
  • Lack of experience and delayed logistics
  • Low sales velocity and product differentiation being low

Proposed solutions :

  • Proper training for sellers on sales management
  • Audit and stringent background verifications
  • Technological support and usage of analytical tools to better understanding consumption behaviour

Best solution and Implementation :

  • Technology and analytics serves excellent way by which sellers will be verified for their products using live scan of tags and products . Also they can sell more at discounted and segmented rates for each customer using analytics tools. With technology support Live online training can be given to maximise sales.
  • Usage of tablets and stable Internet access and internet plans for sellers will be gamechanger and provide great benefits to all Consumer's and Amazon and sellers also called as Triple Win Situation.

Rahul Sunny answered 2 years ago
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