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Amazon Global Corporation

Amazon is a great location to start a digital commerce business. With so many possibilities, it may be daunting for merchants to decide what things to offer. Online stores provide all popular brands and models, thus, comparing models online before buying is simple. Selling on Amazon has various benefits for merchants, including the possibility to produce more money than other online retailers. For instance, mobile phones, particularly Redmi, are popular commodities on Amazon in India (Amazon, 2021). Amazon has dominated the large online market portion for the supply of phones to the locals. In India, almost every man uses Intel Integrated Graphics to play virtual games but does not invest in GPUs (Khan, 2021). Indians, in our view, demand more for less, and a cheap mobile phone might provide a better gaming experience than a PC.

We have chosen India because the country has an economy that is developing swiftly in terms of the product (Kathuria et al., 2019). Indian consumers are purchasing pricier smartphones as the country transitions to life post-pandemic (Khan, 2021). As of July-August 2021, the average selling price for smartphones was $226, which is the highest it has ever been in India (Khan, 2021). In general, telecommunications and information technology have revolutionized our lives, particularly in the digital age. As India has become heavily reliant on smartphones, it's currently the world's second-largest smartphone economy. Yet, the United Nations reported a grim reality in 2010: India had more smartphones than restrooms (Kathuria et al., 2019). While the availability of domestic toilets has increased dramatically, the euphoria surrounding mobile phones has not. The average total of smartphone owners in India at the end of 2018 was 337 million, compared to 2.53 billion worldwide (Khan, 2021). One would think that the incredibly rapid rise in the number of low-cost smartphone models would dislodge the industry for feature phones.

References

Amazon. (2021). Who we are: Amazon. US About Amazon. Retrieved April 1, 2022, from https://www.aboutamazon.com/about-us

Hill, C. (2021). International Business: Competing in the Global Marketplace (13th ed.). New York: McGraw Hill.

Kathuria, R., Kedia, M., & Bagchi, K. (2019, December 31). Competition Issues in India's Mobile Handset Industry. Think Asia. Retrieved April 1, 2022, from https://www.think-asia.org/handle/11540/11318

Khan, D. (2021, October 25). Coming out of the COVID-19 pandemic, Indians are spending more on mobiles. The Economic Times. Retrieved April 1, 2022, from https://economictimes.indiatimes.com/industry/cons-products/electronics/coming-out-of-the-covid-19-pandemic-indians-are-spending-more-on-mobiles/articleshow/87246794.cms?from=mdr