Business strategies analysis of fast-growing online retailer companies
Basnet, Sumina (2024)
2024
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2024060420752
https://urn.fi/URN:NBN:fi:amk-2024060420752
Tiivistelmä
The emergence of e-commerce has transformed the retail industry, with rapidly expanding online retailers becoming major participants in this ever-changing market. A comprehensive overview of the business strategies analysis carried out in this field is given in this abstract. This study sheds light on the variables that generate success for these online merchants by looking at things like the online strategies implemented by these companies, the method of determining the business strategy to be employed, and the challenges associated with the adoption of business strategies in an organization.
The findings highlight the value of adaptability, flexibility, and strategic foresight in navigating the changing e-commerce world. The analysis does, however, also point to certain difficulties, such as limitations in scope, potential biases, and data availability. Despite these obstacles, the research emphasizes how important it is to continuously review performance and constantly gain feedback from the customers towards bettering their services and pleasing the consumers.
The research concluded that fast-moving online retail companies can set themselves up for longterm success in a market that is becoming more connected and competitive by employing the best business strategies after better research and market analysis. All things considered, this abstract provides insightful information to interested parties who want to comprehend and take advantage of the tactics used by rapidly expanding online retailers in the current digital economy.
The findings highlight the value of adaptability, flexibility, and strategic foresight in navigating the changing e-commerce world. The analysis does, however, also point to certain difficulties, such as limitations in scope, potential biases, and data availability. Despite these obstacles, the research emphasizes how important it is to continuously review performance and constantly gain feedback from the customers towards bettering their services and pleasing the consumers.
The research concluded that fast-moving online retail companies can set themselves up for longterm success in a market that is becoming more connected and competitive by employing the best business strategies after better research and market analysis. All things considered, this abstract provides insightful information to interested parties who want to comprehend and take advantage of the tactics used by rapidly expanding online retailers in the current digital economy.