How Your Business Can Compete with Amazon
Amazon is the largest online store and hosts products from some of the biggest brands in the world.
They are also known for large inventories and discounts, so competing based on price can be a tall order for local startups. Interestingly, about 50% of the products you encounter at Amazon in the United States are listed by small-to-medium businesses (SMBs) and not Amazon itself. So is Amazon a competitor, or is it a marketplace?
In addition to setting up your business on Amazon, there are several ways a local business can compete and establish its market. Here are five: