Highlights
INTRODUCTION
Ths report outlines some basic informaton for Amazon.com. Amazon is one of the largest e-commerce providers, with sprawling operations in North Amerca, now spreading across the globe.
Amazon.com, online retailer, manufacturer of electronic book readers, and Web servces provider that became the concnstance of electronic commerce. Its headquarters are in Seattle, Washington. The company, which now generates over $61 Billion in Revenue and holds the title as the world’s largest online retailer, was started out of Jeff Bezos’s garage at 30 years old.
MAIN BODY
Story : In 1994,Jeff Bezos was working on Wall Street. At 30 years old, He began to see the internet revolution happening and decided to quit his job and start an internet company. After makng a lst of the ‘top 20’ products that he could potentially sell on the internet, Bezos concluded that books would be the most logcal product ntally to sell onlne because of ther low cost and unversal demand. After making a list of the "top 20" products that he could potentally sell on the Internet, Bezos concluded
that books would be the most sensble product n the begnnng for sellng onlne, due to ther low cost
and unversal demand.
The vision statement of Amazon is;
‘’To be the most customer-focused company in the world by building a place where people have everything they want to buy on the internet. ‘’
The man focus of the frm s to offer ts customers the lowest possble prces. Essentally, ths means that Amazon wants to be the one-stop-shop for customer satsfacton globally. From the statement, ts clear that the customer takes the front seat n the herarchy of mportance. The company occasonally publshes deals and promotons to show appreciation to its customers. In addition, the website is so simple to navigate that people of even the lowest techncal backgrounds can easily used.
The firm’s msson statement is;
“To serve consumers through online and physical stores and focus on selection, price, and convenience.”
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