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  2. In the years ahead, Amazon could use its global scale and trusted brand to further diversify its business. For instance, the company has dabbled in digital payments, healthcare, gaming, and streaming media. Any of those could be Amazon's next big opportunity.
    www.fool.com/investing/2020/12/12/how-amazons-diverse-businesses-help-it-succeed/
    www.fool.com/investing/2020/12/12/how-amazons-diverse-businesses-help-it-su…
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  3. People also ask
    What is Amazon's diversification strategy?Diversification is another strategy that Amazon has employed in improving its market stocks and money earned. Amazon Web Services (AWS) is a good example of diversification strategy employed by Amazon in order to increase its revenue and market shares. Microeconomic factors significantly affect a business, especially global expansion.
    What is diversification strategy?Diversification strategy, as we already know, is a business growth strategy identified by a company developing new products in new markets.
    Where can I find a research paper on Amazon's business model diversification?The research paper Customer Complementarity In The Digital Space: Exploring Amazon’s Business Model Diversification can be requested at City Research Online. It was been published in Long Range Planning.
    What are some examples of corporate diversification strategy?Some examples of the corporate diversification strategy include Amazon and Disney. However, a risk factor is associated with the many benefits that product diversification can offer, like increased sales and high profits. Therefore, companies spend lots of money to understand a market before entering them.
     
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