The rise and raise of Amazon

 Amazon is one of the most popular, powerful and trusted Electronic Commerce company in the world. 

It was established by Jeff Bezos in 1995. At present he is the Chief Executive Officer of Company and one of the richest people in the world. He has 188.4 billion Dollars according to Forbs on 30 May 2021.

Amazon starts its  success journey from the garage of Jeff Bezos. It was a virtual book  store that has been opened 24 multiple 7 hours. It sold its first book in July 1995. It sold its book at the Cheapest price so customers like to purchase book from Company. It also provided the facilities to write online review about the book so most customers use this features and wrote their idea, view, concept like and dislike and felt satisfied. It also provided heavy discount and saved time, energy, effort and resources of customers so customers like to purchase book from virtual book store. 

After getting success in book selling it started to different types of products. These products are DVDs, CDs, toys and electronics products. 

It is the first and largest E- Commerce company of the world that provided Web service and Cloud computing service to purchase products from firm. 

It also launched Kindle device in 2007 that is used to purchase, download, read and store books. Customers liked and used this feature because it saved time and resources. 

It provides an opportunity to individuals, organisations, Enterprises, firms and company to display and sell their products and services with the help of his retail stores and earn maximum profit. 

It performs it's operation more than 100 countries. It is also available in many religion language so common man also purchase products and services from firm. It's infrastructure is very strong. It possess store rooms and maximum delivery van. It can deliver its products within 72 hours in any parts of the world. Now it is also using Drones to deliver products within 4 hours in the range of 50 km. 

It made an agreement with many hundred popular brands of the world and provided them an opportunity to sell their products with the help of website of firm. 

Comments

  1. Acharyakulam world schoolJune 9, 2021 at 9:10 AM

    All the products is being sell on Amazon site in which he earned lot of money through these process so far after that product of range will be increased in the comming year .

    ReplyDelete
  2. RavinaJune 9, 2021 at 9:48 AM

    As nowadays sitting at home in the lockdown. People prefer to order their things of use from online mode of shopping. Amazon has highest records of orders which shows it is rising at its maximum.

    ReplyDelete
  3. #Roushani shroff June 9, 2021 at 11:41 AM

    Amazon is the largest and most successful retailer in the western world because they built the best customer experience. Customers expect 3 core things when they buy products online: Large Selection: Consumers always want to find the product they are looking for and, of course, this product should be in stock. So it's very beneficial for us.

    ReplyDelete
  4. SUCCESS THROUGH MANAGEMENTJune 10, 2021 at 9:41 AM

    Nice

    ReplyDelete
  5. UnknownJune 10, 2021 at 11:03 PM

    Good Article.

    ReplyDelete
  6. UnknownJune 16, 2021 at 8:49 AM

    Marvellous
    ( Raj Shree)
    Bihar Muz

    ReplyDelete

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