Amazon.com is the world’s most popular retailer that is renounced for selling products cheap, having an excellent selection, and shipping in good time. Amazon’s incredible rise to the top of the industry charts is one of the best success stories in the history of business. Part of the reason that Amazon’s history is such an interesting topic for business analysts is because the company was one of the first truly lucrative online startups and it changes at a near constant pace. Amazon is an adaptable company that alters and expands according to the demands and needs of the current consumer. Interestingly, Amazon remains a top-notch book seller (which was its original purpose) but it has also expanded into a myriad of other merchandise and services. Presently, Amazon offers publishing services, movie studio services, and even fashion and clothing designs with much more to come in the future. Amazon’s progress is undeniable and continuing and although everyone has probably heard of Amazon not everyone is aware of some basic facts about the organization. Below is a list of three key facts in regard to the company.
It started in 1994
Amazon.com was launched in 1994 by Jeff Bezos. Bezos started the company in his garage in Bellevue, Washington. Although Amazon is now considered to be one of the pioneering Internet spots, founder Jeff Bezos regretted that, by 1994, he was late to get into the Internet world which was just starting to gain power in the mainstream during that time. When Amazon was first started it was called “Cadabra” but Bezos soon changed the name to Amazon as an ode to the famous Amazon River which is also a world famous trading post. Amazon was originally intended to be a simple bookstore but its low prices and easy online access soon caused it to gain much attention. Amazon gave other Internet uses a chance to buy and sell books and quickly people were selling lots of other merchandise from videos, to household goods, to clothes. As more people and more merchandise started appearing on Amazon the company expanded its catalogue of services and “departments” and today nearly anything can be found on Amazon.
Its founders name is Jeff Bezos
The father of Amazon.com is a man named Jeff Bezos. Jeffrey Bezos was born in Albuquerque, New Mexico and showed academic promise and mechanical aptitude from a young age. As a teenager he won science awards and was his high school valedictorian. He later attended Princeton University and graduated Summa Cum Laude with a Bachelors degree of Science in Engineering. Shortly after that, he found a job on Wall Street in the Computer Science field. Jeff started Amazon when he was only 30 years old. He was confident that the company would do moderately well but even Jeff Bezos could not have foreseen the enormous success that Amazon was to become. Since Amazon’s launch, Jeff Bezos has spent nearly all of his time making sure that the company runs smoothly and expands at a pace that is healthy but stable. For example, when Amazon was getting involved with offering publishing services they joined with traditional publishing houses to do so in order to make the transition as seamless as possible.
It is the world’s largest online retailer
Amazon.com is the world’s largest online retailer. Amazon is available in practically every country on earth. It has headquarters in Washington, USA, and Luxembourg City in Europe. It has software development centers in nine countries (America, Canada, Ireland, United Kingdom, Romania, India, Japan, China and South Africa) and call centers in over a dozen nations. Amazon warehouses are located all over the world for purposes of shipping goods (and there is talk that more warehouses will be opening in the near future) and the company’s digital offerings can be purchased and accessed nearly instantaneously. Through Amazon Publishing, Amazon Studios, and Amazon Fashion the company is also offering people business opportunities. Amazon is famous for its “recommended for you” tabs and other personalizing features that make every individual shoppers experience ore worthwhile. Despite what the company has already achieved there is a sense that much more is still to come and this is what makes Amazon such an exciting enterprise to keep an eye on!