Why Amazon Could Be Seen as a Threat to Aussie Retailers

Why Amazon Could Be Seen as a Threat to Aussie Retailers

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

Created by

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The video discusses the anticipated impact of Amazon's entry into the Australian market, highlighting the challenges local retailers may face due to Amazon's competitive pricing strategies. It explores the potential complacency of some retailers and the need for strategic responses to survive. The discussion includes examples of retail groups already affected by Amazon's presence and emphasizes the importance of adapting to the changing market dynamics.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What specific problem do some retailers face with Amazon's entry into the market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the presence of Amazon Prime in the United States compare to other household statistics?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences for retailers in Australia if the same trends seen in the United States occur?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do Amazon's pricing algorithms affect competition among retailers?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do brick-and-mortar retailers face compared to Amazon?

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