Question

In: Operations Management

There are two categories of vendors according to Amazon: Endemic (selling on Amazon) and Non-endemic (not...

There are two categories of vendors according to Amazon: Endemic (selling on Amazon) and Non-endemic (not selling on Amazon).

Recommend detailed strategies for a Pakistani based endemic vendor of surgical products for successfully selling products on Amazon.

subject E-commerce

Solutions

Expert Solution

Here we will discuss the detailed strategies for a Pakistani based endemic vendor of medical products for successful selling products on Amazon.

Endemic vendors are those vendors who are allowed to sell their products on Amazon or other E-Commerce sites. The primary strategy, followed by such Pakistani endemic vendors, is first to identify the number of forms of companies was selling the same surgical products on Amazon. Evaluating their competitiveness and strategies and implementing the modern trends and marketing efforts is the best strategy to get followed by the Pakistani based endemic vendor.

After identifying and evaluating the competitiveness and number of companies working with some products on Amazon, it is imperative to use the promotional strategies such as discounting schemes and reduction of price to attract more of the customers towards our product on E-Commerce websites such as Amazon.


Related Solutions

Amazon is a monopolist in the textbook market. Amazon is currently selling textbooks only in the...
Amazon is a monopolist in the textbook market. Amazon is currently selling textbooks only in the US. The demand for textbook is given by: P = 210 − Q. The marginal cost of producing textbook is MC = 5. there is no fixed cost. (a) Compute the profit-maximizing price and quantity. (b) Compute the deadweight loss due to monopoly power. (c) If Amazon can use first-degree price discrimination, what is its profit? Is there any deadweight loss? (d) Suppose that...
There are two categories of hospitals: teaching and non-teaching. Research the differences between the types of...
There are two categories of hospitals: teaching and non-teaching. Research the differences between the types of hospitals. Describe these differences and state which type of hospital you would prefer to work for and why.
Why is Amazon so specific about receiving inventory from vendors? What are the emphases in receiving...
Why is Amazon so specific about receiving inventory from vendors? What are the emphases in receiving shipments from vendors? Why do they have a problem solver?
Discuss bond credit ratings. What are the two basic categories of bonds according to their credit...
Discuss bond credit ratings. What are the two basic categories of bonds according to their credit rating (you do not need to refer to specific ratings) and what is the credit spread?
14. Period (nonmanufacturing) costs are classified into two categories: selling and administrative. (T/F) 15. Factory overhead...
14. Period (nonmanufacturing) costs are classified into two categories: selling and administrative. (T/F) 15. Factory overhead includes all manufacturing costs except direct materials and direct labor. (T/F) 16. Period costs are operating costs that are expensed in the period in which the goods are sold. (T/F) 17. Factory overhead is an example of a product cost. (T/F)
The Great Wall of China attracts millions of tourists every year, with many vendors selling goods...
The Great Wall of China attracts millions of tourists every year, with many vendors selling goods at key tourist destination points. During summer, the vendors all sell icy cold bottled water. Assume the market for bottled water is perfectly competitive. Ji is a vendor in this market who sells 73 bottles (where price equals marginal cost) at the market price of $2, with the average total cost being $2.40 per bottle. The minimum average variable cost is $1.90 per bottle....
Explain categorization and the two main types of categories—natural categories and artificial categories. Describe how the...
Explain categorization and the two main types of categories—natural categories and artificial categories. Describe how the prototype theory explains the formation of categories.
what are the differences between the existing , over- served , and non -customer categories ?...
what are the differences between the existing , over- served , and non -customer categories ? how does one grow or sustain a business in relation to each of these categories
A two-month European put option on a non-dividend-paying stock is currently selling for $2.00. The stock...
A two-month European put option on a non-dividend-paying stock is currently selling for $2.00. The stock price is $52, the strike price is $55, and the risk-free interest rate is 5% per annum. What opportunities are there for an arbitrageur?
A two-month European put option on a non-dividend-paying stock is currently selling for $2.00. The stock...
A two-month European put option on a non-dividend-paying stock is currently selling for $2.00. The stock price is $52, the strike price is $55, and the risk-free interest rate is 5% per annum. What opportunities are there for an arbitrageur?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT