staff them, Amazon has been able to open new stores with minimal additional cost.
Some years ago, it reported turning over its inventory 17 times a yearclose to double
that of traditional retailers at the time. And on average, it reported having gotten paid 32
days before it must pay its suppliersin essence, providing millions of dollars in cash
flow.
Information updated for 2011, based on the following initial articles:
(David Shook, “Can Amazon Turn Baby Steps Into Strides?,” Businessweek
Online,February 13, 2002.)
(Rob Hof, “Why Amazon Could Keep Flowing,” Businessweek Online,January 5,
2005.)
In the early days of Internet shopping, people were skeptical about the idea of buying
things over the computer, largely due to their worries about privacy issues combined
with their habitual patterns of purchasing at retail outlets. Some concerns remain today.
But many years after the shake-out of companies in the dot-com world, players that
survived have come back stronger. And new players have come onto the scene. The
demand is there, and this has instilled a feeling of trust in millions of customers who
make purchases online. The concept of customers having enhanced trust in e-tailing
would most likely be contained in the ____ section of the advertising plan.
a. budget analysis
b. market analysis
c. industry analysis
d. competitor analysis
Scenario 10-2
National clothing retailer, Old Navy has been known for its creative ad campaigns for a
number of years. In 2010, the company decided to tap into some Hollywood talent to
help promote its brand. Actors Jaime Pressly, Bailey Chase, and Judy Greer were signed
to support the company’s Scream for Savings initiative, a campaign designed to reach
consumers with comedic messages. Old Navy spent over $100 million in measured