Guest blog content provided by Jeff Ashcroft, Vice President Business Development at Tangentia & IBM Futurist
Whether you love, hate or remain neutral on Amazon, one can only marvel and admire the numbers Amazon are already driving in 2017 which only appear to be accelerating.
The infographic from Fortna in this post from Jeff Ashcroft provides a startling picture of where Amazon is at currently and how by 2021 they’re expected to handle over half of online e-commerce transactions with Walmart now only at 5% and growing!
Guest blog content provided by Jeff Ashcroft, Vice President Business Development at Tangentia & IBM Futurist. Learn more about Tangentia at http://www.tangentia.com
Check out E-Commerce (Part 7) – Competing against Amazon? You Need A Blue Ocean Strategy!
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Blog post provided by http://argentus.com. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.
Big news out of the grocery retail world as Amazon has announced its acquisition of major organic foods retailer Whole Foods Market – for an eye-popping $13.7 billion sale price that doesn’t look so massive given Amazon’s $136 billion sales volume in 2016.
Analysts across the retail industry are talking about the huge implications of this sale for a retail industry that many say is in the middle of a major meltdown, in part owing to Amazon’s massive growth in the eCommerce space. This foray into the grocery business is a big challenge to companies like Target, Wal-Mart, and others, and also a sign that reports of brick and mortar retail’s demise might be greatly exaggerated.
Continue reading “What are the Supply Chain Impacts of Amazon’s Whole Foods Acquisition?”
Amazon is far and away the leader in the E-C0mmerce space. Their growth continues at an exceptional pace. And they continue to expand their products, services, and capabilities. In short they continue to press their advantage and make it difficult for anyone else to compete with them.
But if you are in the E-Commerce space that is your reality. Amazon is the biggest shark in the room. So how do you compete in the face of such an overwhelming adversary?
One technique is to consider creating your own Blue Ocean Strategy! If you can define dramatically different space in which to do business you may be able to keep this shark, and others, at bay (at least for a period of time).
Continue reading “E-Commerce (Part 7) – Competing against Amazon? You Need A Blue Ocean Strategy!”