BA M - V Script
BA M - V Script
BA M - V Script
5
Additionally, it helps in deciding the best delivery schedule, route,
and product groupings which further reduces the shipping
expenses. Amazon’s data driven supply chain system
automatically selects the warehouse closest to the vendor and/or
the customer.
6
Predicting customers’ orders could increase sales and potentially
reduce shipping, inventory and supply chain costs.According to the
anticipatory shipping, this forecasting model uses data from our
prior Amazon activity, including time on site, duration of views,
links clicked , shopping cart activity and wish lists.
7
Business analytics, a data management solution and business
intelligence subset, refers to the process by which businesses use
statistical methods and technologies for analyzing historical data in
order to gain new insight and improve strategic decision-making.
8
“Data is Power” is the success mantra at Amazon. Just look at
Amazon homepage, it is never the same. Amazon tracks
everything you do at the e-commerce website and app - to collect
as much data as it can. A look at the “Account” section on Amazon
will give an idea about the robust account management they have,
to collect data from its customers. With various sections on the
homepage like – “Inspired by Your Wish List,” “Recommendations
for You,” “Inspired by Your Browsing History,” “Related to Items
You Have Viewed,” “Customers Who Bought This Item Also
Bought,” Amazon is continuously tracking what their customers do
- to provide them a personalized shopping experience.
9
Alexa Voice Recordings
Amazon's Alexa works by voice command and sometimes it picks
up conversations and records them, however, one can now delete
any unexpected recordings.
Alexa learns your voice and habits over time to improve the
service.
10
Personalized Recommendation System
Amazon is winning the heart of its customers by analysing big data
to find what customers actually buy, what they are searching for
and what actually they need.
Amazon generates an additional 10%-30% revenue in response to
the recommended suggestions it offers to its customers.
For example, if a customer adds a Laptop to its shopping cart,
Laptop Bags are recommended for purchase.
Amazon recommendation algorithms incorporate various factors
like- purchase history, browsing history, impact of friends, trends
for a particular product, social media mentions on the popularity of
a product, purchases made by customers with similar purchase
history, etc. before they recommend a product to a customer.
11
Book Recommendations from Kindle Highlighting
12
Price Optimization
13
Social media analytics is the ability to gather and find meaning in
data gathered from social channels to support business decisions
— and measure the performance of actions based on those
decisions through social media.
14
This is the social media following of amazon as of april 2021
Amazon has a clear and decisive grip on the ins and outs of the
Digital Marketplace, and that expert knowledge is perfectly evident
in their Social Media efforts.
15
How Amazon Use Facebook
Amazon’s primary Facebook account is mostly used to market
their products, highlight deals, run competitions, share community
content, and share important posts. Often these are optimised to
coincide with relevant events and holidays, providing valuable
content for their customers.
16
How Amazon Use Twitter
Trending topics: They have something for sale that matches every
trend.
17
18
Social Media as a Customer Service Tool
Amazon understands how social media can aid in customer
service. Amazon always make an effort to respond directly to
customer service questions and customer problems on social
media, through dedicated support channels. On Twitter, the
account @AmazonHelp answers customer service questions from
Amazon customers around the world. Although the majority of
tweets from this account are in English, the account offers help in
German, Spanish, French, Japanese, etc.