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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Shifting to offline strategy: A new trend in e-commerce industry.

Flipkart is not the first of the many e-commerce players to start their operations online. All has not been well for this industry in the past, both for consumers and investors. This has happened for various reasons including the entry of diverse competition as well as government policies—particularly demonetization. Following a offline to online strategy is only because of declining growth in the e-commerce industry is an overstatement. The idea is to provide interior designing consultancy and offer a holistic experience to the consumers for better decision making. Another reason for an offline presence is offering a platform for increasing brand credibility and cement its online business. Read more at https://theindianeconomist.com/online-offline-e-commerce-industry-declining/

 

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Revolution of Retail

Many companies have a huge capacity for making money though they have a small clientele. Amazon.com Inc. (AMZN) is unusual among the largest companies in the United States ranked by market capitalization. Their profit margins are small, but their stocks are expensive. It is one of those companies which tries to do something novel and thinks of its impact on finances later on. So, the answer to the question on how Amazon makes money is simple. Revenue is only a part of profit and Amazon's most profitable endeavor to date is something blessedly low-tech - the one-price shipping of Amazon Prime. Amazon has redefined commerce for the whole world and has leveraged itself to a position of market dominance. With unparalleled convenience and receptive customer service, Amazon seems bound to continue its prosperous growth in its third decade of existence and beyond. Read more at: : http://www.investopedia.com/articles/investing/060914/how-well-all-be-amazoncom-customers-eventually.asp

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