– Identify and develop the business models Amazon currently have in place and where/how Amazon make its money – include at least 3 different sources.
Expert Answer
Amazon the largest online retailer of the world have the following business model in place in all of its operation
-Amazon Marketplace- In this model Amazon do business like any normal e-commerce firm where the buyers and sellers meet.In this model amazon have partner firm which sale their products in the world class system developed by Amazon.The revenue of Amazon is through commission on sales.Amazon also charges its sellers to advertise and promote
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