
The largest Amazon online retailer will become a trading platform for household services, such as plumbing, transportation, repair, cleaning, tutoring and so on. The company's plans are reported by Reuters .
Trade platforms will be localized, in every city the consumer will be able to quickly find the services that he needs without using search engines and without looking at dozens of sites. Providers will be able to find customers and sell services without investing in their own sites and online stores. An additional effect will have integration with the Amazon marketable: by purchasing the product, the user will be able to immediately order the services related to it (for example, a boiler and a plumber’s service). Pilot projects will be launched in large cities in the United States.
The company already has an Amazon Fresh application through which you can order vegetables, herbs and other products and suppliers in the neighborhood. In general, the goods and services of third parties occupy 40% of Amazon sales, and the new project is designed to expand this base.
The main competitors in the market are Yelp and Angie's List, which help to choose the most favorable services in the service sector. The advantage of Amazon may be a guarantee that the Internet giant extends to goods and services from suppliers.
The Angie's List local household services market in 2011 estimated at $ 400 billion.
Amazon revenue in 2013 amounted to $ 74 billion (almost 20% more than in 2012), net profit - $ 274 million. The largest shareholder of the company is the founder of Jeff Bezos (18.5%). After the publication of Reuters, the Amazon shares on Nasdaq increased by 1.5% to $ 332.4, the company's capitalization is now $ 152.96 billion.
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