MSCI 2130 Chapter Notes - Chapter 7: Collaborative Filtering, Google Drive, Fire Phone
Document Summary
Postponed profits and concentrated on: expanding warehousing capacity, building e-commerce operations worldwide, developing cloud computing platform, pioneering in ebook readers. Kindle business: mobile computing as a vehicle for media consumption, distribution channel for sales and advertising, creator of switching costs, gathering point for useful data. Aws (amazon web services) business: powerhouse cloud provider, generates new competitive assets. Pillars of the business that work together to create additional assets for competitive advantage: large selection, convenience, lower prices. Outstanding customer experience results in repeat customers. As number of customers increase, more products can be offered: caters to third-party sellers. Dynamic pricing pricing that shifts over time, usually based on conditions that change demand. New products are prepped for order within hours of arrival: problems with incoming shipments are dealt with as they occur. In the part, shelvers and pickers would scan items in and out of bays by hand.