Amazon is building product data – sucking in tons of manufacturer data and building their own.
See the other videos with tED Magazine:
Part 1: Amazon Threat Level: Today and Tomorrow
Thinking Strategically About eCommerce Spend
Google Isn’t Going Away. Why this is an Opportunity for Distributors.
What B2B Customers Want
Finding Great Resources
The second part is that Amazon is building product data. They are building CAD drawings for their products. For industrial-related B2B products. Electrical is just behind that. They are sucking in more and more data from their manufacturers. I think that’s a significant threat. Because they see product content as an asset to their business.