Amazon is a massive online retailer with a 2018 market capitalization of more than $ 1 billion in June. In addition to being an online retailer, Amazon allows individuals and businesses to sell and display products online. It is the largest Internet retailer in the world in terms of revenue, with a turnover of 268 over X billion.
Amazon is one of the most popular online markets used by both individuals and businesses, and the site is available in many countries and languages. Amazon Kindle is one of its most popular products, as well as the Amazon App Store. Finally, Amazon offers software and infrastructure solutions for businesses and individuals.
Amazon was launched in 1994 in Seattle, Washington by Jeff Bezos, and was initially little more than an online bookstore.
From its humble beginnings, Amazon has become the largest e-commerce retailer online and one of the most powerful brands in the world. Not only has it expanded its offering of products and services, but it is also involved in the video streaming market, the cloud computing market, and more recently, Amazon has entered the banking industry.
Amazon is not only the most valuable Internet retailer in the world, but also the most valuable retailer, surpassing Wal-Mart in 2015. It is also the fourth most valuable company in the world, only on Alphabet, Apple and Microsoft. It has often taken a low-margin approach to new products to gain market share, and this strategy has worked surprisingly for Amazon, which has dominated many of the markets in which they participate.
Amazon has a showcase website for more than a dozen different countries and ships to almost every country in the world. It also hosts branded retail websites such as Sears Canada, Marks & Spencer, Lacoste and others. It also has 40 subsidiary brands such as Zappos, Diapers.com, Goodreads, IMDb and many others.
6 Problems you should solve Before Drop Ship on Amazon:
Problem 1: Item Out of Stock
Problem 2: Delay with Order Processing
Problem 3: Wrong Item Sent to Customer
Problem 4: Wrong Quantity Shipped
Problem 5: You Were Billed Wrong
Problem 6: The Shipment Went to a Wrong Address / Orders Got Confused
Problem 7: Item Arrived Damaged
Problem 8: Wrong Tracking Code
Running a drop ship business may seem like an easy thing to do. Unfortunately, in such a business model you rely greatly on a producer whose products you use or a drop shipping company they use to ship their goods. And as always when you leave the control over such an important aspect of business to someone else, mistakes can happen.
Luckily, usually they are easy to rectify, albeit at first sight they might look quite serious.