Amazon.com Inc.

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Amazon.com Inc.

• By,
• Karina Quezada
• Veronica Villegas

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What is Amazon.com?

• Founded by Jeff Bezos in 1994, and launched in
  1995
• Amazon. COM, Inc. is an American e-commerce
  company based in Seattle, Washington. It was one
  of the first major companies to sell goods over
  the Internet and was one of the iconic stocks of
  the late 1990s.
• After the bubble burst of internet, Amazon faced
  skepticism about its business model, but it made
  its first annual profit in 2003.

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Back in the days

• Amazon. COM began as an online bookstore but soon
  diversified its product lines by adding VHSs,
  DVDs, music CDs, MP3s, computer software, video
  games, electronics, apparel, furniture, food,
  toys, and more.
• Amazon has established separate websites in
  Canada, the United Kingdom, Germany, Austria,
  France, China, and Japan. It ships globally on
  selected products.

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Product lines

• Amazon has steadily branched into retail sales of
  music CDs, videotapes and DVDs, software,
  consumer electronics, kitchen items, tools, lawn
  and garden items, toys games, baby products,
  apparel, sporting goods, gourmet food, jewelry.
• On May 16, 2007 Amazon announced its intention to
  launch its own online music store. The store
  launched in public beta Sept. 25, 2007, selling
  downloads exclusively in MP3 format without
  digital rights management.
• In Aug. 2007, Amazon announced Amazon Fresh, a
  grocery service offering perishable and
  nonperishable foods. Customers can pick up orders
  or have them delivered to their homes. Delivery
  is initially restricted to residents of Mercer
  Island, Washington, a wealthy suburb of Seattle.

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Website

• A popular feature of Amazon is the ability for
  users to submit reviews to the web page of each
  product. As part of their review, users must rate
  the product on a rating scale from one to five
  stars. Such rating scales provide a basic idea of
  the popularity and dependability of a product.
• The review feature is an important and highly
  influential function for customers and one of the
  main reasons for Amazon. COM's success at selling
  books. Under normal circumstances, reviews give
  the reader at least a modest basis for evaluating
  a given book.

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• Question???