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Let's hope that Amazon recognizes the seriousness of this problem before it manifests itself financially. By then it could be too late. If we think about this a
by BaronSamedi 7y ago
Let's hope that Amazon recognizes the seriousness of this problem before it manifests itself financially. By then it could be too late. If we think about this as a "reputational security" problem then Amazon is already vulnerable. If the idea that buying from Amazon means you will get a fake gains traction--either organically or through an information campaign by a competitor--then it seems likely that their sales will decline. And, once their reputation is damaged in this way it will be difficult to repair.
I'm suggesting that reputation has a delayed effect on sales, it may not have a significant financial impact until the reputational attack hits a certain threshold; at which point that impact could be very significant. It's easy to imagine the hyberbolic, clickbait articles that might arise: "The Amazon Fake Crisis: What you need to know" or "Amazon fakes: Read this before you buy another thing on Amazon" (or better clickbait headlines than I can write but you get the idea).
- scarface74 7y agoIf Amazon retail imploded, it would affect their revenue greatly, but not their profitability. 75% of their profit comes from AWS.