Amazon 7Ps of Marketing
Amazon's marketing mix (Amazon's 7Ps of marketing) is made up of seven components: product, place, price, promotion, process, people, and physical evidence. Product as a Component of the Amazon Marketing Mix Amazon items can be classified into four categories: Amazon websites enable Amazon and third parties to sell hundreds of millions of products across dozens of product categories. In 2018, around 58 percent of all things sold on Amazon platforms came from third-party vendors. There are almost 100 million users of Paid Prime. Kindle e-readers, Fire tablets, Fire TVs, and Echo are all examples of electronic devices. Customers purchased tens of millions of Echo devices, as well as the Echo Dot and Fire TV Stick with Alexa in 2018. Customers have purchased more than 100 million Alexa-enabled devices since the initial iteration of Echo. In 2018, the business increased Alexa's ability to understand and respond to queries by more than 20%. Content created by the media. A div...