Preview

History of the company Amazon.com

Better Essays
Open Document
Open Document
4286 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
History of the company Amazon.com
History of the company
Amazon.com is an American multinational electronic commerce company with headquarters in Seattle, Washington, United States. It is the world 's largest online retailer. Amazon.com started as an online bookstore, but soon diversified, selling DVDs, CDs, MP3 downloads, software, video games, electronics, apparel, furniture, food, toys, and jewelry. The company also produces consumer electronics—notably the Amazon Kindle-book reader and the Kindle Fire tablet computer—and is a major provider of cloud computing services. Jeff Bezos started the company in his garage. He started out by selling just books, but now they sell just about anything.

The Mission and Vision Statement of Amazon.com:

Amazon.com has had a clear focus and a solitary mission since it began. Founder Jeff Bezos has publicly referred to the Amazon.com mission statement as the guiding force behind his leadership decisions many times in the company 's 18-year history. It can be concluded that the success of Amazon.com as the top Internet retailing company in the world is due at least in part to their unwavering commitment to this mission and the daily execution of it. “Our vision is to be earth 's most customer centric company; to build a place where people can come to find and discover anything they might want to buy online.” Says the founder of Amazon.com . The companies six core values are: customer obsession, ownership, bias for action, frugality, high hiring bar, and innovation. They seek to be Earth’s most customer-centric company for four primary customer sets: consumers, sellers, enterprises, and content creators. Amazon.com has 3 customer service call centers in the United States and several others in several different countries to make sure they have phone support in all hours of the day and night. To reduce costs, they have what are called "door desks". They are called that because that is what they are. Desks made out of doors. The mission of Amazon.com is to

You May Also Find These Documents Helpful

  • Better Essays

    Amazon.com is a publicly traded worldwide online retail company founded by Jeff Bezos on July 5, 1995 in Seattle, Washington. The company originally began as an online bookstore as Bezos felt there was a high demand for literature, and books had a low price point and a huge selection of titles available in print. Technological innovation drives the growth of Amazon.com to offer customers more types of products, more conveniently and at lower prices. Since 1995, Amazon has significantly expanded its product selection, international retail websites, and worldwide network of fulfillment and customer service centers. Today, Amazon retail websites offer everything from toys and video games to MP3 downloads and collectible items (amazon.com, 2014). Amazons business model is fairly simple; to sell various products and goods online at an affordable cost to consumers. Amazon has managed to not only achieve this business model but they have also managed to consistently expand and become the largest online retailer to date. To keep up with global demand, Amazon had to expand its products and services offered while continuing to forecast consumer’s needs. “In 2000, Amazon.com began to offer its best-of-breed e-commerce platform to other retailers and to individual sellers. Today, hundreds of thousands of world-class retail brands and individual sellers increase their sales and reach new customers by leveraging the power of the Amazon.com e-commerce platform. Partners work with Amazon Services to power their e-commerce offerings from end-to-end, including technology services, merchandising, customer service, and order fulfillment. Other branded merchants leverage Amazon.com as an incremental sales channel for their new merchandise. Over 2 million third-party sellers participate in Amazon where they offer new, used, and…

    • 891 Words
    • 3 Pages
    Better Essays
  • Better Essays

    Bus 320 Final Paper

    • 1741 Words
    • 7 Pages

    Founded in 1995 by Jeff Bezos, Amazon.com has become one of the largest known online stores in the world. In 1995, Amazon.com sold its first book online, which was shipped from Bezos’s garage in Bellevue, Washington (Amazon.com Mission Statement, 2012). Many may not know that Amazon.com had a slow start because their online layout was not appealing. Within a few years Bezos attracted a few investors who took interest in his venture and invested approximately $140,000. Bezos decided to use the money to create a more appealing website to attract more customers. The sales for the next three years surpassed Bezos’s expectations. After analyzing the sales data, he found that people were not only purchasing domestically, but also from around the world. Amazon.com has grown from a small company to a worldwide business in just a few short years. This rapid growth requires a company to reevaluate how it does business if it plans to expand or maintain its marketplace for the future.…

    • 1741 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Capstone Project Bus599

    • 2781 Words
    • 12 Pages

    Amazon.com is an organization that offers a broad range of services to consumers and is considered an online leader of pure-plays - pure online merchants. Amazon.com was founded in July of 1995 with a mission to fully utilize the Internet to make book buying fast, easy, and all in all, a very enjoyable experience. They currently have 29 million customers in 160 different countries, making Amazon.com one of the leading online merchants. It is rated third in business-to-consumer online revenue as of June 20, 2000. Amazon.com represents the ideal e-Commerce company. It was one of the first to demonstrate the potential for "virtual" upstarts and turned the market on end - even leading the "bricks and mortar" companies.…

    • 2781 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Jeff Bezos started Amazon, a fortune 500 company based in Seattle Washington, in 1995. Amazon offers everything from books and electronics to tennis rackets and diamond jewelry. Big name retailers now work with Amazon services to power their E-commerce offerings including Tech services, merchandising, customer service, and order fulfillment. Incorporated in 1971 as Borders Books, Borders became the nation’s second largest retailer of books, music, and other educational, informational, and entertainment products. Borders was associated with superstores catering to book and music lovers, with a wide selection of hard to find titles and tapes, and varying electronic media.…

    • 1151 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Amazon.com is an American e-commerce company based in Seattle, Washington. Founded in 1994 by Jeff Bezos. Launched in 1995, Amazon.com began as an online bookstore before diversifying its product lines by adding VHS, DVD, music CDs, MP3s, computer software, video games, electronics, apparel, furniture, food, toys, and more. Amazon has since established separate websites in Canada, the United Kingdom, Germany, Austria, France, China, and Japan. Since starting out in his garage in Bellevue, Washington, Jeff Bezos has gone on to form one of the greatest ecommerce sites the internet has ever seen. (Gleick, 2014)…

    • 3136 Words
    • 11 Pages
    Best Essays
  • Good Essays

    Amazon is a website offering numerous product categories ranging from books, to videos, to music, to technology products, to health and beauty products, to sporting goods, to automotive and plumbing products (the list goes on and on). It is like stepping into a virtual Wal-Mart with an emphasis on books, entertainment media and entertainment products. Amazon has distinguished itself as a leader especially in these categories by delivering products quickly, cheaply, and with no hassle guarantees. The site is laid out in a very intuitive way that makes it easy to understand and follow. Features like browser history which tracks what you have already looked at, one-click check out, and Prime membership which offers reduced shipping to its members have proven to be extremely effective. Perhaps the weakness of Amazon, if there is one, is that it is a website is designed for “everyone.” The actual appearance of the…

    • 958 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    AMAZON- is a american electronic commerce and cloud computing company based in Seattle Washington that was first started on the 4th of July 1994 by a gentleman named Jeff Bezos. this company is currently the largest internet retailer in the world. amazon also works alongside other retail companies including the uk the service provides a huge range of products such as BOOKS, DVDS AND MUSIC, HOME AND GARDEN PRODUCTS, HEALTH AND BEAUTY ITEMS along with a lot lot more.…

    • 1528 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Comparing Two Businesses

    • 2306 Words
    • 10 Pages

    Amazon.com, Inc. (NASDAQ: AMZN) with a +$100 billion market capitalization is a multinational electronic commerce company headquartered in Seattle, Washington, United States. It is the world's largest online retailer. Amazon has separate websites for the following countries: United States, Canada, United Kingdom, Germany, France, Italy, Spain, Japan, and China. It may also launch websites in Netherlands, Sweden, and India. It also provides international shipping to certain countries for some of its products. Jeff Bezos founded Amazon.com, Inc. in 1994, and the site went online in 1995. It is named after the Amazon River, one of the largest rivers in the world. Amazon.com started as an online bookstore, but soon diversified, selling DVDs, CDs, MP3 downloads, computer software, video games, electronics, apparel, furniture, food, and toys. Amazon uses the internet as the sole method for selling goods to its consumers. Amazon's competitors, such as Barnes and Noble, and Borders use brick and mortar as their main distribution channel. This method of using many store fronts is extremely costly. Stores such as Borders and Barnes and Noble have very high overheads because they pay premium rents to be in central locations, and must pay salaries to sales representatives. Amazon does not share this same high overhead, which gives Amazon a competitive advantage. This advantage is a result of the fact that Amazon's business model allows for a central distribution center in an area where the rent is low. As a result, they are able to sell their products for a…

    • 2306 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Anajon 10 Question

    • 1078 Words
    • 4 Pages

    According to Amazon’s official Facebook page, Amazon’s vision is to be Earth's most customer centric company; to build a place where people can come to find and discover anything they might want to buy online.…

    • 1078 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Amazon’s mission statement is “to be earth’s most customer-centric company where people can find and discover anything they want to buy online.” Amazon is now the world’s largest online retailer selling just about any product, even when they do not make a profit from them. Jeff Bezos (Amazon’s CEO) uses a cost leadership strategy to produce products and services with a lower cost than the competitors do. By offering the lowest prices he gains market share and brand recognition. For this strategy to succeed Amazon has to provide the widest range of products to achieve the economies of scale and benefit from the low costs of displaying those products online. Customer service is “first class” in Amazon. They have a reputation for being reliable, convenient, offers one of the lowest and fastest shipping, and once again the lowest prices. Strategic acquisitions by Amazon have also helped them thrive. They have acquired many small e-books companies to software companies and even Zappos, and Audible.com.…

    • 920 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    History of Amazon

    • 9655 Words
    • 39 Pages

    United States, including their goals, their activities, and their situations at the end of the nineteenth century.…

    • 9655 Words
    • 39 Pages
    Powerful Essays
  • Best Essays

    Executive Summary of Amazon

    • 3297 Words
    • 14 Pages

    Amazon.com is a customer centric company. They put more effort in improving their system to make the experience of customer more comfortable so that he keeps on returning to the website. Jeffery Bezos who is the founder of the Amazon.com started this company after seeing the use of internet increasing rapidly.…

    • 3297 Words
    • 14 Pages
    Best Essays
  • Good Essays

    Amazon was founded in 1994 by Jeff Bezos, who is still the head of the company at the time. Based in Seattle, Amazon started out as an online bookseller and went on to become the world 's largest non-travel e-commerce business. Once the website was established as a bookseller, it was a logical step into the sale of other entertainment products, such as music and films, and also into the hardware used to deliver home entertainment.…

    • 1498 Words
    • 6 Pages
    Good Essays
  • Better Essays

    Barnes And Noble Vs Amazon

    • 2196 Words
    • 9 Pages

    The simple model that Amazon operates under is its key to success. Amazon uses little more than a bare bones online platform to sell its products meaning a minimal cost structure. At the same time, this business model requires no asset investment in physical store locations. Through an online platform, Amazon can offer products from a variety of sellers on a global scale, allowing them to mitigate expensive shipping costs. This online platform also means increased transferability to mobile devices, meaning they can offer the same services through application stores and exchanges.…

    • 2196 Words
    • 9 Pages
    Better Essays
  • Better Essays

    Value Chain Analysis

    • 2679 Words
    • 8 Pages

    The company was founded in 1994 by Jeffery P. Bezos. In the early years of Amazon they were mostly known for selling books. The idea behind it was that traditional brick-and-mortar stores could not hold more than a few hundred thousand books, whereas Amazon being an online store could hold an infinite amount of books (“History of amazon.com,”). Since its early days of being an online book store Amazon as grown to become a fortune 500 company with a global reach. Amazon operates in over 10 countries worldwide with over 88,000 employees (“Inside amazon,”). Amazon is one of the most visited sites in the world, with over 500,000,000 monthly visitors, and over 100 million active members (“Top 15 most popular websites”, 2014).…

    • 2679 Words
    • 8 Pages
    Better Essays