Amazon Analysis Report - 1016 Words

Executive Summary Amazon.com is a Fortune 500 company that has revolutionized the retail industry. In recent years, Amazon has faced increased competition in the highly competitive online retail space as competitors invested heavily in their online storefronts and infrastructure. Positioned in a highly fragmented industry, Amazon must find solutions that can sustain its long term profitability and maintain its market share. To that end, Amazon should grow the Amazon Prime membership base and expand on its media and mobile offerings. While Amazon faces many issues in a rapidly changing economic, political and global environment, this paper will focus on how Amazon can increase loyalty among its customers and continue to differentiate†¦show more content†¦This year has seen several aggressive moves among competitors, including Target’s banishment of Amazon products, such as the Kindle ereader, from its shelves in May. Wal-Mart followed suit in September. In November of this year, Target also announced the launch of six collections that would be offered exclusively online at Target.com, an initiative designed specifically to draw consumers to its online shopping experience. In concert with high rivalry in the industry, the ecommerce industry has seen large brick-and-mortar retailers making moves to catch up with Amazon. Amazon came to dominate the ecommerce industry through technology, innovation, a laser focus on customer experience and efficient operations. The company had a first mover advantage, but today, as traditional retailers look at growth in the ecommerce market and see it beginning to chip away at traditional retail’s share of the overall market (Exhibit 3), these companies are making moves to further increase their own sophistication. In October, Best Buy brought in former Expedia president, Scott Durschlag, to head its ecommerce business and to â€Å"boost its online transformation.† In 2011, Wal-Mart acquired Koomix, hoping to apply â€Å"artificial intelligence to commerce.† It also hired the well-regarded Silicon Valley engineer who was instrumental in the development of eBay’s infrastructure as its Chie f Technological Officer. Wal-Mart and eBay both announced this fall that theyShow MoreRelatedAmazons Value Chain Analysis1620 Words   |  7 PagesValue Chain Analysis In the 1990s, Amazon (Amazon.com) introduced a new business model for entrepreneurs choosing to use the Web as its place of business rather than the traditional brick and mortar companies. 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The reason Benzo picked the word Amazon to name his company after was because he knew the Amazon river was special and unique just like he wanted his company to be, not only that but he knew the Amazon river wasRead MoreAnalyzing Amazons Strategy Will Identify Internal And External Forces That Amazon1640 Words   |  7 Pagesexternal forces that Amazon must consider when deciding how to navigate the online market. Conducting both internal and external analyses is vital to the survival of any business, let alone the first online retailer. To accomplish this, looking at Amazon’s past behaviors, as well as conducting a PESTEL analysis, analyzing Porter’s Five Forces, and a SWOT Analysis as it pertains to Amazon will give further clarity on their position in the e-commerce market. Although initially, Amazon was an online bookRead MoreMarketing Plan For Amazon s Marketing Strategy1636 Words   |  7 Pagesservices. This paper will successfully create and present a marketing campaign for Amazon. According to Amazon (n.d.), most people do not realize that Amazon, one of the world’s leading online retailers, was founded 20 years ago in 1994. Most people believe that Amazon had success since day one, but in fact the company has overcome many bumps in the road to reach the success it is at now. In the beginning, Amazon focused on selling books, but now the company sells a wide range of products from foodRead MoreSwot Analysis : Walmart And Amazon1149 Words   |  5 PagesIntroduction Walmart and Amazon have become global, household names in the US and for good reason: both of these companies have revolutionized the way in which we shop. Amazon offers a convenient experience, and an ever-expanding selection of products whereas Walmart has a wide network of store locations and famously low prices. 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Social Media And Marketing Free Essays

Abstract The growth of social media has brought about numerous changes in the way companies perform their responsibilities. With modern changes in the way people communicate, there is a need for businesses to embrace modern technology in undertaking their activities which were traditionally performed by other means. A company’s marketing requirements are necessary if a company has to achieve the required market share or target sales. We will write a custom essay sample on Social Media And Marketing or any similar topic only for you Order Now For a company to be successful, its marketing must be performed correctly by qualified employees who understand their responsibilities as well as the goal of the company. Introduction The belief by RasGas that the company has good employees, and that its performance is tied to the ability to retain and attract qualified workforce, has allowed the company to implement and develop the most effective and up to date recruitment strategies. These are based on appropriate methods that suit the company’s staffing needs (RasGas 2012). The recruitment team has taken a strategic role of supplying talent. The team has contributed to a highly attractive employment as well as compensation scheme development. The impact of this is that RasGas has been put in a competitive position where the labour market is challenging. Qualified employees with talent are likely to join the company because of the good reputation it has. An employee development project is being developed steered by the managing director with the aim of carrying out the following tasks. Succession planning, personal career development plans, an approach to appraise performance and develop careers. The philosophy aims to set the pace program for employee development (RasGas 20122012). Use of Social Media in Recruitment The use of social media for recruiting has become a powerful tool in recent years with recruiters searching for employees using social media sites while employees are searching such sites to check for new job postings. Employers are using Facebook, LinkedIn or Twitter to attract qualified employees because there is a belief that social media can exceed the key factors that makes the difference between an average recruiting tool and a dominant tool. Though social media is a complicated tool for hiring, it has unrivalled capabilities. The cost implications of using social media are far lower than other forms of media tools used for recruiting purposes. Since the visitors of social media have not intentionally visited the sites in search of job postings, it is possible to get paramount employees (â€Å"Social Media† 2012). The following are the main factors that make a social media suitable for recruitment; a huge and varied audience of ideal users with a large number of qualified prospects, all of the social media audience will be dominated by working, working and not necessarily searching for a job as well as the unemployed and that RasGas can make use of this to search for the best talent in potential employees before deciding on a given employee (Headworth 2012). It enables the shifting of workloads to others and the employees of an organisation would be useful in selecting and relationship building. Social media can help in relationship building through the development of trust and social interest. Messages through social media are mostly authentic in nature compared to other forms of media such as emails that may contain spam. Within the social media, accessibility is easier because there is widespread of mobile phones and personal computers, all with access to social media sites. Messages favoured by the target audience can be sent in the form of multimedia messaging. Quality recruitment can be achieved while using social media at low costs compared with other forms of recruiting media. It is therefore possible for RasGas to acquire the best, whilst facilitating the lowest capital thus saving on the company cost structure to increase profits (â€Å"Social Media† 2012). Marketing and Social Media Marketing can use social media to capture the most talented and brightest people in order to achieve high sales for RasGas liquefied natural gas. By using social media the company can select and recruit sales people all over the world reducing costs associated with such activities if the company decided to use other media. RasGas, with its international operation, requires that employees with varied cultures are employed. They must have the required skill to increase the performance of the company in different countries where RasGas sells its products. To increase the market share of RasGas qualified, as well as talented, employees must be engaged in line with the company’s goal of recruiting trained employees. By applying the best recruiting policies, the company is in a position of retaining the employees by employing candidates who are self motivated and ambitious towards increasing their sales (â€Å"Social Media† 2012). Types of Social Media that can Be Used by RasGas RasGas can use the following social media in its objectives of recruiting and retaining the best. Referral hiring has been enhanced by social media where recruiters have access to a wide range of talent through referrals by employees on social media. Employers pay bonuses to employees who refer suitable candidates to them (Liska 2012). Recruitment marketing through social media has enabled employers regardless of their size to access a large pool of data. The investments by prospective employers are lower alongside a reduction in time and other resources. Employers are able to access social media for attractive career pages with a rich and dynamic content. Recruiters can attach blog articles, photos or even embedding videos top create an engaging career content. Facebook delivers the widest talent pool compared to other social media. With a large number of subscribers, throughout the world, RasGas can make use of this platform to recruit the best employees possible. Facebook has a very large engagement of users who are both potential and non-potential employees making it possible for RasGas companies to identify talent more easily. RasGas can utilise the Facebook timeline that displays personal information as well as up to date professional qualifications to hire potential employees (Liska 2012). RasGas has an option of using Google + which is growing at a very fast pace. Google + enables users to maintain professional and personal lives, all in one place. Like other social media, Google + has a large following of professionals whom RasGas can find valuable in their recruitment. Google + is actively competing with Facebook with its unique hangouts feature that taps into video interviewing making it possible for RasGas to interview potential employees who are based in other countries. Google + also has circles that allow recruiters to message candidates and influencers (Liska 2012). Another form of social media that can be used by RasGas is Twitter which has grown in terms of features revenues and users. Having a following on Twitter, RasGas can grow its Twitter followers and get potential employees from this following. Employment officials from RasGas can be directed into other recruiter accounts making it possible for the company to recruit the best. LinkedIn is another form of social media that RasGas can facilitate in search of talent, however it is experiencing immense competition from other social networks like Facebook and Twitter and it offers a platform for more talent within a company (Liska 2012). Conclusion RasGas, being an international company, is required to adopt modern cost effective means of achieving its goals on maintaining the best employees in the company. Marketing play an important role in ensuring that the company’s products reach the market while at the same time making sure that customer expectations are met by the company through continued improvement. This can only be achieved through a potentially good workforce that is correctly trained and maintained. The global economic conditions of the world are changing fast and companies need to maintain a competitive advantage over their contenders if they want to survive. Bibliography Headworth, Andy, 2012. Smart Social Media Recruitment Strategies, [Online] Available at: [Accessed 8 May, 2012]. Liska Jindrich, 2012. Social Recruiting Trends in 2012, [Online] Available at : [Accessed 8 May, 2012]. â€Å"Social Media: the Most Powerful Recruiting Tool Since the Telephone,† 2012. [Online] Available at: [Accessed 8 May, 2012]. â€Å"RasGas Careers† 2012. [Online] Available at: http://www.rasgas.com/rg/L_2.cfm?L2_id=3 [Accessed 8 May, 2012]. How to cite Social Media And Marketing, Essay examples Social Media and Marketing Free Essays Social Media and Marketing Nowadays Social media is hype all over the world. To understand Social Media, One must first establish an accepted definition. Social media was defined by Marketo (2010) in The Definitive Guide to B2B Social Media as â€Å"the production, consumption and exchange of information through online social interactions and platforms. We will write a custom essay sample on Social Media and Marketing or any similar topic only for you Order Now † They are considered to be low-cost tools that combine use of echnology and social interaction and has become one of the main source of communication in the 21st-century and has enabled us to express our thoughts, ideas and feelings in a completely different way. The massive growth of social websites (Twitter, Facebook, LinkedIn, etc) has ushered the world into a new era of Social Media. The global reach is nothing short of amazing, so much so that if Facebook were a country, it would be third largest (The Economist 2010), next to China and India. The marketing world has also been influenced by social media. It is not only been used for personal use, but there are many companies that are using Social networking sites as a marketing tool. The use of the social media in marketing is considered as a deviation from the traditional forms of marketing. In the past, marketing is done in terms of directly selling to the target audience particular products and services. There are some indispensable benefits of using social media in marketing. One of the greatest powers of social media in marketing is that the business firm can use it for targeting a local audience or market. It gives marketers a better way to communicate with peers, customers and potential consumers. It is a free marketing tool and is faster in terms of spreading information about a business products and services  than manpower and also helps companies to establish good communication with its customers and helps to market their products, builds brand equity, and increase customer’s loyalty. Application of social media in marketing comes in many forms and fits many functions. One function is to reach out and communicate with your customers, and blogging is one such tool for doing so. To ensure a successful presence on social media, the companies need to use variety of marketing theories so that they can boost their brand in different aspects. This can be combined with innovative ways of consumer interaction so that companies have a good chance to take the lead in the marketing world. For example, Ford Motor Company had recently adopted social media to promote the release of their new model Ford Focus. â€Å"We selected 40 Social Media practitioners and gave them each a Focus to test at a test track in Spain,† said Paul Venn, executive vice president of Team Detroit, Ford’s advertising agency. The videos were then distributed via Facebook, Twitter, and other social media platforms. The feedback from this marketing approach â€Å"is positive, given the number of views and the tenor of comments from videos shot on the test drive† (Levin, 2011). We have seen how social media has influenced the marketing world in a positive manner using suitable example; however there are some negative aspects of using social media in marketing. Many small organisations do not use social media because it is very time consuming and needs to be used effectively. It is also a ery competitive medium and marketers who use it very often and are successful with it are few in number and far between in comparison to the general population. Using social media enables people to direct messages towards an organisation that other consumers can see and often they cannot be ignored. The key here is to see how quickly an organisation will respond. All organisations will receive negative reviews but if they do not respond to them then it can be seen as poor service and it could be difficult for them to recover. It is often important to monitor social media even if you are not using it yourself. It is easy for someone to pretend to be anyone especially on social networking sites with cyber squatters all over the place. If you do not have knowledge about social media presence, someone could pretend to act as your business which could cause great damage to the reputation of your brand. In conclusion, this essay has clearly stated how social media has been used as a marketing tool in a number of ways regardless of the disadvantages. In the time of immense financial crunch and cut throat competition, social media marketing is a blessing in disguise. It provides an array of benefits which tempts many rganisations to use to social media in marketing. References: 1) eBook: Andreson, E. (2010) Social  Media  Marketing:  Game Theory and the Emergence of Collaboration  [eBook] , Berlin, Heidelberg. 2) Article: Andzulis, J. , Panagopoulos, N. , Rapp, A. , Journal of Personal Selling amp; Sales Management; Summer2012, Vol. 32 Issue 2, p305-316, 12p 3) Websites: a) DISCOVERY:  Heriot-Watt University Library Resources  [https://vision. hw. ac. uk/webapps/portal/frameset. jsp? tab_tab_group_id=_9_1] b) Google : http://www. dreamgrow. com/indispensable-benefits-of-social-media-marketing-to-your-business/ How to cite Social Media and Marketing, Papers

Boundaryless Organization Breaking the Chains of Organizational

Question: Discuss about the Boundaryless Organization for Breaking the Chains of Organizational? Answer: 1. The organizational structure best suited for Patagonia is functional. It is because almost all the major decisions of the organization are internally grouped. It is a very small organization with around twelve hundred employees and therefore, do not require a more complex structure in their organization. The company has evolved from using a very simple structure of organization to the current organizational structure, i.e., functional structure. The CEO, Casey Sheahan has taken the responsibility to address the problems or issues of the functional areas of the organization and coordinate the assimilation of every functional area within the organization. The hierarchy continues with the Vice Presidents that include the Vice President of Production, the Chief Financial Officer, the Vice President of Product Merchandising and Design and the Vice President of Marketing. They directly report to the Chief Executive Officer. They work collectively to increase the productivity of the firm . It helps the organizational structure of the company to flatten out. The functional structure of the organization helps it to gain a control over the other firms and their activities. [1]This further helps in increasing the productivity of the company along with an increase in their sales. This is why the organization becomes successful and gain competitive advantage in the target or the potential market.[2] 2. If the company chooses to switch to making of beach and resort ware, the organizational structure would remain just the same. It is because the type of product remains the same. They deal in sports clothing presently. Therefore, if they start making beach ware and resort ware, the hierarchy would remain the same. The departmental heads need to report to the Chief Executive Officer. All the members or staffs of the organization would collectively do the tasks. The senior level of management would supervise the lower level staffs to get the tasks performed. The productivity and sales of the company will increase, as the company will offer variety of products.[3] 3. Patagonia is an employee-centered organization. It believes to satisfy its employee as well as retain them. Therefore, the company adopts every possible measure to keep the employees satisfied to ensure the smooth functioning of the company. However, the company has adopted the decentralized strategy, which says that there are limited departments in the hierarchical process. The head of the department of every department takes the decisions. Most of the time, the employees are not consulted in the decision making process of the organization. The structure becomes flattened.[4] It does not have any specific hierarchy. The senior managers and the officials take the decisions of the organizations. It does not allow everybody to work collectively. This stands as an obstacle in the smooth functioning process of the organization. Therefore, the company has to choose the centralized structure where there is a specific hierarchy of employees or staffs. The employees can actively participa te in the process of decision-making and give their views and opinions on the affairs of the business. This will help in maintaining a harmony among all the employees, which will further have a positive impact on the productivity of the company. This will increase the sales of the company. References Ashkenas, Ron, et al.The boundaryless organization: Breaking the chains of organizational structure. John Wiley Sons, 2015. Burke, W. Warner, and Debra A. Noumair.Organization development: A process of learning and changing. FT Press, 2015. Harper, Charles.Organizations: Structures, processes and outcomes. Routledge, 2015. Stark, John.Product lifecycle management. Springer International Publishing, 2015. [1] Stark, John.Product lifecycle management. Springer International Publishing, 2015. [2] Harper, Charles.Organizations: Structures, processes and outcomes. Routledge, 2015. [3] Ashkenas, Ron, et al.The boundaryless organization: Breaking the chains of organizational structure. John Wiley Sons, 2015. [4] Burke, W. Warner, and Debra A. Noumair.Organization development: A process of learning and changing. FT Press, 2015.