This document explores the customer journey of Amazon and eBay, analyzing their strategies and market presence. It discusses the before, during, and after purchase phases, and proposes a new e-business idea. Market analysis and competitor evaluation are also included.
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Evaluate the customer journey of any two similar retail e-businesses 1
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Table of Contents Introduction....................................................................................................................................3 Main Findings..................................................................................................................................3 Customer journey of Amazon...............................................................................................3 Customer Journey of eBay.....................................................................................................4 General review........................................................................................................................4 Analysis...........................................................................................................................................5 Proposal...........................................................................................................................................7 Overview................................................................................................................................7 Market analysis.......................................................................................................................7 Evaluation...............................................................................................................................8 References......................................................................................................................................9 2
Introduction Customer journey is related to complete sum of experience that a customer is go through while interacting with company and make brand. This is the experience which are related to full of experience related to their shopping.Amazon is a multinational e-commerce company which is based in Seattle, Washington. It was founded by Jeff Bozos in 1994, it provides different varieties of goods and services to the customers across the world. Due to which its demand in the market is high as compared to other companies like amazon. Provides various benefits to the customers which attract the customers towards the services of the company (Ballestar, Grau- Carles and Sainz, 2018). eBay is also an e-commerce platform which is based in San Jose, California, it was founded by Pierre Omidyar in 3 September 1995. It has various variety of products at affordable prices which helps in satisfying the needs of the customers effectively. eBay follows both B2C and C2C e-commerce modelit deals in new and used products both revenue of eBay gets generated from selling of the products provided by the seller eBay charges commission for every sale. While completing this project the research is conducted on the basis of customer journey, analysis and comparison and in last a proposal is made in order to make and start the e-businesses. Main Findings Customer journey of Amazon The journey of the customer is very important for the growth of businesses which is related and applicable within the organisation. It is important for the company to compare and analysis the research findings in the way to complete the general comparison between customers (Bass, 2018). This is very important for the amazon to analysis the market share and ratio of the customer journey in order to stand on their position. Before Purchase:To buy the products from the e-commerce platform there are various research which does in order to get best quality of products and services In this step of buyers comes in contact with various advertisement, email marketing, social media platform to gain knowledge about the product. Amazon provides various advertisement on the social media and televisions to attract the attention of the customers. During purchase:Once the customers gets influenced by the product and services of the amazon they come in contact with the company website, sales team and consultants so that they 3
can buy the products which they requires. In amazon, customer can easily get their products as per the need and demand arises. After a purchase:In this step customers provides the feedback to the amazon about the productthrough various customers support features which isprovided by the company so that company can improve there services and provide better quality of products to the customers. Customer Journey of eBay In e-bay the journey and analysis of their customer is related and applicable for the growth of company which are relatable and success of company. Before Purchase:For buying the products through eBay customers does a research about the company through different platform like website, rating and reviews, word of mouth etc. so that customers can be aware about the quality of the products which they are providing. During purchase:This is the phrase where customer can make their decision and make final purchase which is related to the sale volume of E-bay. During the process the general consideration is related and applicable for the market and provide sufficient support for the company (Duignan, 2020).Customer can easily make a interaction with E-bay in the way to going through their online portal, touch points where customer can easily get their products and services in order to get their desired relate. After a purchase:After purchase is the general process in E-bay where a customer can easily provide a review and feedback. These feedback is assigned and manage by the company in order to avoid unethical and misuse the information of their data. General review Amazon provides the return and exchange facilities to the customers which helps to fulfil there needs as per there choice amazon develops its products according to the need and requirement of the customers which helps in increasing the demand of the business in the market since amazon provides its own brand it can easily analyse the requirement so that better services can be provided to the customers in the market (Dyer, Gregersen and Christensen, 2019). Amazon is considered as the largest retailer in the world which provides the top services to the customers in the market. Amazon offers 175 different services including food, entertainment, fashion etc. E-bay is related to related to an platform which work and manage the authenticity of the company by selling their products to other business operations and management team. 4
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Amazon follows B2C model of e-commerce it sells its products directly to the consumers through the its websites amazon has the online identity through which it provides the wide range of products to the customers (Westerman, 2017). Amazon provides the best quality of products to the customers due to which customer trust amazon more as compared to other brands in the market. eBay follows both B2C and C2C e-commerce model it deals in new and used products both revenue of eBay gets generated from selling of the products provided by the seller eBay charges commission for every sale. eBay provides more benefits to the seller. Sellers can provide the listing to eBay at affordable prices which increases the profit of the seller in the market. eBay provides a location for the buyer where they can get wide variety of products and services as per the requirement. Analysis Comparison of amazon and eBay As per the research amazon is the best e-commerce platform for buyer to purchase there goods and services whereas eBay provides the best services to the seller to promote there brand in the market. It provides the unique qualities of goods as compared to amazon which helps attracting the attention of the customers in the market. Overall revenue of amazon was $282 billion in 2018 as compared to eBay $10.75 billion. Amazon provides the best customers services by resolving the queries of the customers on time and provides the best services to the customers. As per the research it has been concluded that amazon main reason of the customers behind choosing the services of amazon is its fast delivery and free shipping services which it provides to the customers (Goodman, 2019). Amazon ask for a feedback from the customers which helps the business in improving its services and maintain its demand in the market. Amazon is considered at the second largest e-commerce platform which provides the wide of products to the customers. Demand of eBay is less in the market as compared to amazon because eBay doesn't have its own products and services it facilitates third party sellers. Whereas amazon doesn't involves third party sellers amazon is more in demand as compared to eBay because amazon deals in their own brand due to which people trust amazon more as compared to eBay. The brief description of the amazon or E-bay is all related to the different sources and provide different customer services. BasisAmazonE-bay 5
Online SearchAmazonareofferingdifferent productswithlargevarieties.So whenever a customer is search for the customer online search they seen amazon on the top. Online search of the amazon is more convenient as compare to E-bay. E-bay is the company which are work in B2B and B2C model. After that theyarenothavingasmuch popularity within their organisation. This is important for the company to make their online search portal more effective and attractive. DiscoveryThere are lots of product which are related to major goods and services. Soitisverybeneficialforthe customer to search and discover the products as per their need. In e-bay they are not providing as much goods and services to search and discover the products on their onlineportals(GranicandHuss, 2017). So there are less discoveries and access of customer as compare to amazon. PresentationOnline website of amazon is most effective on the smart phone. Their web designer make their website in smart and attractive way (Silva and et.al., 2018). Their presentation is moreeffectiveandsuitableas compare to E-bay. E-bayprovidingsupportive documentwhicharegenerallynot supportiveonthesmartphones properly.Whiletheyarehaving ineffectiveways.Theyshoulduse some attractive way of presentation. cartThecartfacilitiesofamazonis advance, as the products which are put in cart will be informative for the customer asthey are updated theircustomeraboutnumberof stock, discount prevailing in product at any time. In e-bay the services of the cart is simple. The product which was in cartarenotinformedwith notification on the website related to products update. checkoutThe payment which are accepted by amazon is related to different type of E-bay are accepted pay pal, Cash on delivery and other payment methods. 6
methods.Likecash,googlepay, payment, amazon wallet and many more. Which are very convenient for the customer and provide a happy service to them. Ascomparingtoamazonthe checkoutoptionsarefewerand ineffective for the use of customer. Post-purchase phases Theyareprovidinglotsofpost- purchase phases and uses. Which are helpfulforthecustomeraswell. They are using easy return policies and refund policies as well. InE-baytheprocedureofpost purchase policies are much typical as compare to amazon. Proposal Overview The proposal for the new e-business platform is making a website which can sell and purchase books through different people. This is very important and ongoing process where the people, purchase books at online platform like Amazon Kindle and many more website. So in order to complete the demand the new E-business idea is to complete the need which are arises by most of students in related to books (Hagberg Sundstrom and Egels-Zandén, 2016). Many of the students are purchase novels and books, but after reading once books become no use product. So as per the demand, the new business is developed which help many students to come and sale and purchase their second hand books which are needed and not needed by them (Milani, 2019). Students can login on the E-business portal and mark and upload the images of books which they want to sale or even on rent. This will provide them a source of earning and become valuable source for others. Market analysis After analysing about the customer journey and their role on the Businesses, it is very clear that they are very important aspect for the growth and decline rate of the business opportunities. After analysing the behaviour of market it is interpreted that the need of online businesses in today world is very important and needed part for the growth. After analysing the customer behaviour and their journey role within the E-businesses. It make clear to provide a 7
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relevant and sufficient products and services to them (Khan, Zubair and Malik, 2019). The main competitors of the new business are amazon kindle, Apple Ibook, Kobo and many more. As these platform are providing books for purchasing books or reading online. So they become the threat for the company in order to established their new business market evaluation. This new E- business idea is related to B2B and B2C business platform. As many of the people are comes here to sale their products which make a B2B business market and at the same time many customer come to purchase the books. So they would work as per B2C market platform for the owner of the businesses. Evaluation With the help of above report and comparison chart on customer journey of the two E- business, it make some specified approach that to provide a customer and complete their need is the foremost task of any businesses either online or offline. And the three stages of the customer journey is all decide the growth rate of business (McKenzie Burt and Dukeov, 2018). In the new business market there are lots of competitors who performed high customer satisfaction level. So it has been very difficult for the new business to make their own image and position. 8
References Books and journals Ballestar, M.T., Grau-Carles, P. and Sainz, J., 2018. Customer segmentation in e-commerce: Applications to the cashback business model.Journal of Business Research,88, pp.407- 414. Bass, K., 2018.E-Commerce and Mobile Commerce Technologies. Scientific e-Resources. Duignan, P.A., 2020. Successful Leadership within Technologically Smart Environments. InLeading Educational Systems and Schools in Times of Disruption and Exponential Change: A Call for Courage, Commitment and Collaboration. Emerald Publishing Limited. Dyer, J., Gregersen, H. and Christensen, C.M., 2019.Innovator's DNA, Updated, with a New Preface: Mastering the Five Skills of Disruptive Innovators. Harvard Business Press. Goodman, J., 2019.Strategic customer service: Managing the customer experience to increase positive word of mouth, build loyalty, and maximize profits. Amacom. Granic, M. and Huss, C., 2017. Customer service experience: An investigation of key success factors of a business model for digitally enhanced and demand driven manufacturing of personalised apparel products. Hagberg, J., Sundstrom, M. and Egels-Zandén, N., 2016. The digitalization of retailing: an exploratory framework.International Journal of Retail & Distribution Management. Khan, M.A., Zubair, S.S. and Malik, M., 2019. An assessmentof e-servicequality, e- satisfaction and e-loyalty.South Asian Journal of Business Studies. McKenzie, B., Burt, S. and Dukeov, I., 2018. Introduction to the special issue: technology in retailing.Baltic Journal of Management. Milani, F., 2019.Digital business analysis. Springer International Publishing. Silva,A.T.andet.al.,2018.UnveilingthefeaturesofsuccessfuleBaysmartphone sellers.Journal of Retailing and Consumer Services,43, pp.311-324. Westerman, R.A., 2017.Development of a measurement instrument for smartphone behavior during the customer journey in different product categories(Master's thesis, University of Twente). 9