Amazon Go Venturing into Traditional Retail 2017
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Amazon’s retail experiment is getting serious. Last week Amazon Go, its store for the Internet of Things, opened in Seattle. The store is designed to let customers pick up items without a cashier. It operates on a unique algorithm, which scans customers’ body heat to determine the correct weight and amount of items to be placed in a customer’s shopping cart. anonymous Customers then walk out of the store with what they have in their cart. What are the reasons behind Amazon Go venturing into traditional retail? According to the passage, Amazon
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Amazon is pushing forward, into traditional retail, with its new “Amazon Go” concept store in Seattle, WA. Amazon Go has successfully tested a version of this concept store in San Francisco, CA and will now open one in Seattle. According to a recent news report, it will serve lunches to customers and open in early November. Amazon’s chief operating officer, Brian Olsavsky, said the company is looking at “how we can provide convenience and ease of access to consumers” while the company operates in the food delivery space, Amazon
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Amazon Go, the cashier-less concept started by Amazon, is making huge strides. The store inside Amazon’s store has already become a reality, with hundreds of them being installed. This is a huge challenge for traditional retailers who have been struggling to keep up with the pace of Amazon’s growth. Amazon Go is a concept that allows you to go to a store, do your shopping and pay in seconds. No cash, credit or debit cards, no queues, no waiting for service, and no physical inventory
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In the past, traditional brick and mortar stores were struggling to stay competitive in the e-commerce age. The competition in traditional retail was high, and consumers’ preferences were shifting towards convenience and convenience. This trend continued through the past few years, and the traditional retail industry became more and more relevant for the consumers. Even the rise of e-commerce had a significant impact on the traditional retail, and the trend towards online shopping is still continuing. Now, it’s not that traditional retail is dead, rather it
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I’ve always been a big fan of Amazon’s ability to offer innovative and disruptive solutions to its competitors in an extremely challenging retail market. The company has built a reputation for delivering the highest quality customer service to its customers, and this has helped it establish a substantial lead over its rivals. One innovation that Amazon made was the of “storefronts”—an initiative that has become a significant source of revenue for the company. Amazon Go has revolutionized traditional retail, with its technology-driven concepts
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“In a recent report, I revealed that Amazon Go, Amazon’s mobile store, plans to expand to 3,000 stores, or 10% of its total U.S. Stores, by 2020. I’m not the only one who’s been impressed by its innovative approach, the ease of using mobile devices to pick items, and the lack of queuing, checkout, and the potential for a large footprint. This year, Amazon added a 5,000 sq. Foot flagship in New York
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I have always been fascinated by the world that Amazon.com, the world’s largest online retailer, has created. It is an incredible journey so far, a journey which has led to revolutionising traditional retail by bringing convenience and personalisation to the way we buy and shop. The first Amazon Go concept stores are now open in Seattle, San Francisco and New York City and are creating a buzz all over the world. Customers walk in, pay with their smartphone and within seconds they have a fully-prepared and hot cup of coffee in front of