Question: Amazon was one of the first major e - commerce stores and is now the largest e - commerce company in the world. However, for
Amazon was one of the first major ecommerce stores and is now the largest ecommerce company in the world. However, for many years, Amazon lost money because of the need to build warehouses, add new products, and market their site to new customers who werent used to shopping online. This demonstrates which aspect of a firstmover advantage?
Products not meeting consumer needs
Overly targeted marketing efforts
High switching costs consumers may experience
Large outlays associated with creating a new product
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