Wednesday, February 8, 2017

AMAZON’S TAKE ON SMART HOME MARKET



Amazon’s Echo products are designed to be an access point to the Prime network. As BI Intelligence has previously identified, the online retailer’s monetization strategy doesn't focus on the hardware of the Echo devices, but rather on connecting users directly to the Prime network without having to go through an iPhone or Google search engine to do so. This creates a recurring revenue stream for the online retailer. As Alexa’s reach continues to expand, it will become an even larger monetization asset for Amazon by allowing more points of entry into the Prime network.

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