Amazon.com (NASDAQ: AMZN) took the curtains off a new business assistance offering this week, as the e-tailer's new "All Business Center" will be targeted at helping entrepreneurs find the products they need to service their small- and medium-sized businesses. Basically, this is a sub-brand of Amazon that I see competing with the likes of Staples (NASDAQ: SPLS) and Best Buy (NYSE: BBY)'s "Best Buy for Business" division.
Amazon's new offering will include quick and easy access to small- and medium-business products. Try these categories on for size: software, computers, printers, books and office products. While this is not exactly innovative, it's a great targeting technique for the largest internet retailer as it diversifies its customer base in many areas outside the standard consumer. In addition to products, Amazon's business services will also be pitched -- offerings like Amazon Web Services, Fulfillment by Amazon and Amazon Corporate Accounts will also be inserted into its "All Business Center."
Amazon knows that launching a small business and taking that first step as an entrepreneur can be exhilarating yet dangerous, and wants to give these customers the tools to manage inventory, unexpected growth and initial low sales, according to Amazon VP Greg Hart. Well, that's great -- but offering products like office superstores have done for years won't catch customers and hold their attention. What will are Amazon's small business customer forums, idea exchanges and real-time communication channels that have already proved workable with standard consumers. Communication is still key.
Last updated: May 22, 2012: 07:44 PM
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Reader Comments (Page 1 of 1)
4-24-2010 @ 8:07AM
vickythaman said...
We created Fulfillment by Amazon because it is good for Amazon.com customers, and therefore, great for our third-party sellers," said Joe Walowski, Product Manager, Fulfillment by Amazon. "With membership in Amazon Prime growing every day, more and more Amazon.com customers want a great deal on shipping and to receive their orders quickly.
shakti
www.gibo.in
10-26-2007 @ 6:31PM
Garth Gibson said...
Since this is Halloween I'm scared if this will be a spooktacular success for Amazon. No longer satisifed with being blood sucking demons of pulp they now try to take a bite out of Staples and Best Buy. they do better by a more relevant business extension say into business consulting using social netowrking by providing Amazon buyers with forums to interact with the business book authors that sell on Amazon. Inside they bury themselves with another boring line extension that excites no one and kills their brand and soon their profit margin. Where's Freddy to kick some arse in the board room when you need him.
Garth Gibson
http://garthgibson.com