Saturday, September 22, 2018

Amazon with economics concept

Amazon


1)

people respond to incentives:-

Many time amazon gives offers and all to all the customers. Various offers are given on products and people tends to go with amazon just because of the offers given on products. Even Free delivery option is also given.

2)Cost Benefit analysis:-

We can relate the cost benefit analysis concept on the company Amazon.It has been delivering good delivery service to the customers and with passage of time they are providing some loyalty bonus to the customers.

3)Economic of Sale:-

Since Amazon is there in the market for a very long time providing with full customer satisfaction they are having a huge economy of sale.

At a single day huge amount of products are sold.

4)Utility:-

The satisfaction that we get after using Amazon. The price is lower than the physical store. So as per satisfaction is concerned, Amazon provide a good amount of it.

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