☸️ Amazon Flywheel Strategy and Data Flywheel in the Artificial Intelligence Era
Haebom
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Flywheel: The Virtuous Cycle Strategy That Helped Amazon Succeed in the Bursting E-Commerce Market
Since the beginning of this year, I have often used the Flywheel data when I receive lecture requests or explain AI-related topics at gatherings of acquaintances.
Today, I was talking about artificial intelligence at the Software Policy Research Institute and they liked the explanation, so I shared it with them.
Amazon's Flywheel Strategy
System Innovation: Amazon Flywheel builds a simple login and payment system that allows customers to purchase products quickly and seamlessly.
Fast Shipping and Unlimited Subscriptions: Flywheel offers customers a fast and efficient shipping service, and subscribers can receive their products in a short time without additional shipping costs.
Diverse Product Categories: Amazon Flywheel offers a variety of product categories, allowing customers to purchase a variety of products in one place.
Personalized recommendation algorithm: Analyze customer purchase and search history using powerful recommendation algorithms to provide personalized product recommendations.
Customer Service and Review System: Flywheel strengthens its customer service and review system to help customers have a reliable shopping experience. The customer service team responds quickly and courteously to customer inquiries and complaints.
Data Flywheel Strategy
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