Question: Create a 5-year plan based on Jeff Bezos's business and findings from the SWOT analysis. SWOT Analysis below Strengths Strong brand perception Positive brand awareness
Create a 5-year plan based on Jeff Bezos's business and findings from the SWOT analysis.
SWOT Analysis below
Strengths
- Strong brand perception
- Positive brand awareness
- Customer centricity
- Innovation
- Low-cost structure
- Leaders and largest merchandise selection
- Third-party sellers; 2 billion items available
- Local & Global strategy; partnerships with supply chains
- Acquisition; generates significant revenues and profits.
- 3 Key businesses; Marketplace, AWS, and Prime.
- Executes logistics and distribution systems.
- Raised minimum pay for employees.
Weaknesses
- Business model easily imitated.
- Some margins has faced losses; free shipping to global locations such as India.
- Product failures; Fire phone & kindle werent a major hit.
- Tax Controversy; avoidance sparked negative publicity.
- Brick-and-mortar presence is limited.
- Negative reports related to workplace conditions; constant surveillance, timed bathroom breaks, & poor air conditioning.
- Vetted product offerings is becoming increasingly challenging; consumer safety decline.
- Facing antitrust charges in EU.
- Too reliant on distributors.
Opportunities
- Expansion in physical stores.
- Expand its in-house brand productions.
- Electric delivery vans launch; commitment to sustainability.
- Growth in the cloud market.
- More acquisitions.
- Self-driving technology.
Threats
- Regulations; Amazon does not ship to some critical countries; Cuba, Sudan, Syria, and North Korea. They are under investigation for antitrust violations and facing new regulations in EU.
- Cyber threat; increasing cyber threats can affect the network security system.
- Aggressive competition
- Links to exploitive labor; facing scrutiny surrounding supply chains and labor sources associated with human rights abuses.
- Imitation; many new entrants entering the market with same business model.
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