Amazon is the largest e-commerce company that was started as a book store and then it spread its reach to every corner of the world. Amazon.com does not need any specific introduction since the word ‘Amazon’ has penetrated far and wide and almost every internet lover and online shopper is well aware with it.
It’s an amazing platform that offers an opportunity for the buyers to get everything they want by a single click. Amazon has almost 152 million active Amazon accounts and Amazon has almost 183 million products in its kitty.
Amazon is one of the highest selling e-tailer in the world and in the year 2010 the sales of Amazon was 5 times higher than the wall mart. Amazon started as an online book store in the year 1994 and in less than 2 decades it has become number one online retailer.
1. Clarus Explores The Power Of Pre-Paid Shipping
In the year 2011Amazon had $48.08 billion as their local sale and they have 4 times the higher revenue as combined to four of their closest competitors that are Walmart.com, bestbuy.com, target.com and overstock.com.
2. Just How Big Is Amazon.com?
By the year 2013, Amazon is expected to grow by 23% and this makes it an undisputed giant in the online world. The projected revenue of Amazon for the year 2012 is $62 billion which is $9,823 every 5 seconds and $117,882 per minute. The monthly number of visitors on Amazon is 80 million people.
3. Amazon Kindle Fire Specs And iPad 2 Tablet Comparison
Amazon has become a new contender in the iPad market with the amazing product named as Amazon Kindle fire. The expanding utility of iPad at most of the work places has inspired Amazon to bring its own product.
4. Fathoming Amazon
Understanding the Amazon reach is trying to understand the space. The annual revenue o Amazon is $34 Billion which is larger than the GDP of half the countries in the world.
5. Strategies To Optimize Amazon
Amazon is trying to optimise its website for a better shopping experience. They are incorporating products with shorter key words that make it attractive for the shoppers. They are trying to keep the title length less than 80 characters.
6. Amazon Vs Rivals – Who Will Win?
Amazon is launching its electronic products and computer gadgets that are giving tough competition to many established brands like Apple, Samsung, ASUS and Videocon.
7. An Amazon MBA: Big, Cheap And Out of Control
The annual revenue of Amazon is almost $48 billion that is growing each year. The products offered at Amazon are cheap and much less expensive as compare to the products available at any other store. Amazon has become a synonym for innovation and the constant efforts of the team are making this company a bigger brand each day.
8. Demystifying Amazon Web Services
Amazon web services (AWS) are the major player in public cloud services domain. The addressable market of Amazon is $11 billion that offers an opportunity for accelerated earning.
9. iPad Vs. Kindle Fire Do Consumers Want To Play With Fire?
Kindle fire launched by Amazon is believed to become a serious threat to the tablet market that has been dominated by Apple’s iPad for a very long period of time. Even though many people believe that iPad may maintain its market position, but Kindle fire is sure to snatch the market share from the iPad.
10. Staffing News Of The Day, August 2, 2013
The customers review about a product or company is very crucial when it comes to making the decision on purchase. 89% customers believe on the customer reviews made by the strangers online and 87% of the customers are influenced by the positive reviews.
11. 57% Of Show roomers Test Products, Then Head To Amazon
24% of the show roomers used best buy where as 22% of show roomers used Wal-Mart. 9% of the show roomers used Target where as 4% use Home depot.
12. Amazon Launches India Market Place
Fulfilment by Amazon or FBA is a new program where in Amazon will store some or many products for a company in its warehouse. And as the order is received for that product by the company or its website the orders will be automatically passed on to Amazon. In the warehouse Amazon will prepare and dispatch the order to the customer and the shipment details will also be delivered to the customers so that they can track the order.
13. Can Google Music Beat iTunes And Amazon?
The global revenue of music industry in the year 2011 is $19.9 billion and the digital music revenue in the year 2011 is $14.8 billion worldwide. Amazon and iTunes has dominance in the global music market that is receiving a tough competition from Google play store.
14. Wal-Mart Vs. Amazon
Wal-Mart is 49 years old whereas Amazon is still quite young and has just finished 18 years since its launch. Wal-Mart has 2.1 million employees where as Amazon has 33,700 employees. Wal-Mart started as family owned discount good store where as Amazon was started as online book seller. In terms of pricing Amazon prices are 19% cheaper than Wal-Mart and the average product shelf life in Amazon is 33 days where as it is one month in Wal-Mart.
15. Amazon Kindle Books By Category
Amazon has a breakdown for Kindle book store where as non fictions books and fictions books are displayed separately. The nonfiction section has 908,266 titles where as fiction has 576,276 titles. Kindle store also has many Amazon short cuts that can directly take the users to the web page of kindle.
16. The Amazing Power Of Reviews
The decision making power of the buyer is influenced and affected greatly by the reviews from the other buyers. User generated reviews are generated and considered by almost 82% of the buyers. All the users looking to buy products online look for the reviews from the previous users and people do not mind investing lot of time in doing that research on internet. E-bay, Amazon and trip advisors are the three websites that have encouraged third party reviews on their websites and now many other new market players are following that trend.
17. Why Spending Locally Is Worth Your Money
Shopping locally is quite beneficial for the shoppers because the 57% of the money spend on local purchase are reinvested for the betterment of the community itself.
18. The Journey Of Amazon
Jeff Bezos founded Amazon in 1994 and in the year 1995 Amazon.com sold its first book. In the year 1997 Amazon introduced its 1click TM and in 1998 Amazon launched its first international site.