04.01.08

E-commerce Success Series #1

Posted in E-commerce, Entrepreneurship at 10:13 am by admin

#1 - Amazon.com - The Mighty King of E-commerce

To be the best, you need to benchmark against the very best. Starting from this month, we will publish (on a monthly basis ) a new e-commerce success series - PDF files with quotes by those successful e-commerce or Internet entrepreneurs who’s been there, done that.

E-commerce is a hyper competitive and challenging business, who doesn’t needs motivation? I’m sure you will be inspired by some of the tips given here.

Feel free to share around with your friends on this! Coming on Series #2 are Zappos.com (world largest online shoes retailer) founder - Tony Shieh, subscribe to our blog feed now and stay tuned!

Latest update: Jeff Bezos on Innovation by Business Week

Quick excerpt - the key drivers behind Amazon’s Innovation:

Be long term oriented: Innovate in good or tough times and get ready to handle criticism in the meantime.
Manage the Innovation spectrum: Leverage the kind of fine-grained Innovation that happens on a daily basis and embark in selected large scale innovation projects.
Develop adjacent markets and new competencies: Deliver things your customers care about and improve the customers’ experience.
Frugality and constraints drive Innovation: Be creative.