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Why Amazon Dominates Online Shopping

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Fake reviews are a big problem on Amazon. There are Facebook groups where bad actors solicit paid positive reviews to bots and click farms that upvote negative reviews in an effort to take out competition. These illegitimate reviews can boost sales of unsafe products and hurt business for legitimate sellers, causing brands like Nike and Birkenstock to sever ties with Amazon.
Meanwhile, Walmart is looking to catch up with Amazon’s dominance in e-commerce as more and more shoppers take their business online. This is why Amazon dominates online shopping.
SEGMENTS:
00:00 -- What it’s like to be a professional Amazon reviewer
11:41 -- Can Walmart catch Amazon in e-commerce?
28:42 -- Why Amazon has a fake review problem
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Why Amazon Dominates Online Shopping
Meanwhile, Walmart is looking to catch up with Amazon’s dominance in e-commerce as more and more shoppers take their business online. This is why Amazon dominates online shopping.
SEGMENTS:
00:00 -- What it’s like to be a professional Amazon reviewer
11:41 -- Can Walmart catch Amazon in e-commerce?
28:42 -- Why Amazon has a fake review problem
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
#CNBC
Why Amazon Dominates Online Shopping
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