BUSINESS STRATEGY
What are the similarities between Amazon and Alibaba? [Part 1 of 2]
Amazon and Alibaba truly are two disruptive and innovative companies. Check out the characteristics of each tech giant
Disclaimer: please note this article is a collection of personal thoughts and a few quotes from experts. All info is publicly available. The content hereby written does not reflect in any way the position of the company I work for.
Dear reader,
With this article (first part, the second is here) about the similarities between Amazon and Alibaba, I highlight the key characteristics of each one. Knowing more how they play and operate could help you build a better business plan. I hope you enjoy the reading.
Things in common, for starters
Let’s start with the things in common first…
- Both are more than sales platforms, they are also media platforms and the first touchpoint for brands. Amazon and Alibaba are as valid as platforms for product discovery as Google and Facebook. As example, from 2015 to 2018, Amazon surpassed Google for product searches, according to a report from Jumpshot, growing from 46% to 54% while Google declining from 54%…