Competitive Analysis: CanGo, Amazon.com and Barnes and Noble
Amazon.com Overview - Amazon.com has surpassed all other competitors and is now the largest bookstore in the global marketing arena. Their marketing and particularly their smart algorithm has virtually ended the era of the brick and mortar bookshop and indeed changed the publishing world and the way consumer's shop. Because of their unique technological advantage, Amazon is able to switch its strategy with almost the touch of a button, and has such a sophisticated set of algorithms that it is almost as if one has a personal shopper at all times -- and not just for books. Clearly, the model is successful in that Amazon.com posted revenues of almost $50 billion in 2011, with trends in 2012 showing consistent growth (Rosenthal, 2009, amazon.com, 2012).
Amazon has differentiated itself from literature and books to groceries, clothing, gifts and even electronics. For example, Amazon's Kindle is the obvious current market leader. It is positioned as the industry standard with easy access to materials, texts, and most of Amazon's catalog. The focus seems to me moving in a price war with Sony and Nook as "More for Less," with Amazon's edge continually selling out when a new product is unleashed. The Kindle will likely remain a unique brand, but again, it seems that the overall strategic plan...
CanGo: Competitive Analysis Due to recent acquisitions and expansions of its operations as well as the changing nature of the retail industry as a whole, CanGo operates in several different market segments. This can make a competitive analysis of the company somewhat difficult to conduct with any degree of certainty and with concrete conclusions, as the complexities of a competitive comparison must take into account the differences in business model and
marketing management that are necessary for CanGo in promoting their company and penetrating their target market on a local and international level. The recommended target market for CanGo is the college students' pool as they require quick searches and purchases based on their curriculum readings. It will also be recommended that CanGo includes the range of books required by the curriculums in the states as well. The two foremost strengths
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