Question

In: Finance

You will choose two on-line retailer's and do an analysis of each company. You will then...

You will choose two on-line retailer's and do an analysis of each company. You will then compare and contrast each retailer.

1) Address the following issues for each store:

A The history of each on-line retailer.

B Do they operate using several different retail modalities, for example brick and mortar, on line, catalog etc.

C Do they operate globally?

D Analyze each stores home page, links, etc.

E How do they meet the needs of their consumers?

F Describe the merchandise sold, including the depth and breadth of the inventory offerings including a sampling of the brands that they carry.

E Ease of use of the retailer's on-line site.

F Services offered, delivery approach, return policy, methods of payment etc.

G Your overall impression of their on-line presence.

2) Compare and contrast the stores.

The paper should be approximately 3-5 pages and you should cite where necessary including a citation page.

It’s for retail principle

Expert Solution

Two online companies which i selected were:-

1. Amazon, with base in USA

2. JD.com, with base in china

Part 1-A : History

Amazon was founded by Jeff Bezos in 1994. He initially incorporated the company in washington states with the name Cadabra, Inc. He later changed the name to Amazon.com, Inc. In the early days, the company was operated out of Garage of Bezos' house on northeast 28th street in Bellevue, Washington. Amazon is now the biggest retail chain of the world with diversified subsidiaries. Amazon's CEO and Founder is the richest man in the world.

JD.com also known as Jingdong and formerly called 360buy is the largest retailer based in china. The company was founded by Liu Qiangdong on June 18,1998 and it went online in 2004. It changed its domain name to 360buy.com in 2007 and then to JD.com in 2013. JD.com has invested in high tech and AI delivery through drones, autonomous technology and robots and possess the largest drone delivery system

Part 1B : Mode of Operation

Both Amazon as well as JD.com operates online. The major difference between them is their delivery system. Amazon delivers its goods through delivery boys via roads. on the other hand, JD.com, which has the largest drone delivery system, undertakes major deliveries via drones.

Part 1C: Global presence

Yes, both Amazon.com as well as JD.com has global presence, however, JD.com is much focused in China whereas Amazon.com is globally focused.

Part 1D: Analysing Home page and Links

Home page of Both amazon as well as JD.com are very much consumer focused and attractive. Mainly, products with great offers and discount or products which are just launched are shown in the homepage of both of them to attract customers.

jeff jeffy answered 1 year ago

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