Amazon was founded in 1994 by Jeff Bezos and began as an online bookstore. It has since expanded into e-commerce, cloud computing, digital streaming, and artificial intelligence. Amazon aims to be the most customer-centric company by offering low prices, vast selection, and convenience. Key products and services include Amazon Prime, Amazon Web Services, Amazon Echo, and Amazon Alexa.
2. HISTORY:
Amazon.com, Inc is an American electronic
commerce and cloud computing company
Its headquarters is in Seattle, Washington
It was founded by Jeff Bezos on July 5, 1994
Began as an online book store
Named after ‘Amazon’ river
3. Market cap – $295 billion
Total assets - $83.4 billion
Number of employees – 541,900(2017)
4. What’s Interesting:
Amazon bought the Internet Movie Database , IMDb back
in 1998
It got it’s first profit in 2001
It is the world’s largest online retailer
Amazon's current logo was designed to depict a smile that
goes from A to Z. This signifies that the company is willing
to deliver everything to everyone, anywhere in the world
5. Amazon employees spend two days every two years working at
the customer service desk, even the CEO. This practice is to help
all workers understand the customer service process
Amazon shuns traditional corporate meetings. PowerPoint
presentations, for instance, are banned by the company.
Instead, all meetings begin with a silent, 30-minute reading
session about the topic at hand
6. Amazon can predict what you wish to buy even before you
buy it. They ship the product to your nearest amazon store
even before the order is placed. It is called anticipatory
shipping
9. Amazon Prime - paid subscription service
Amazon Web Services (AWS) - provides web
services and on-demand cloud computing
platform to individuals, companies and government
Amazon Echo - a brand of smart
speakers developed by Amazon.com
10. Amazon Alexa - Alexa is an intelligent personal
assistant developed by Amazon, first used in
the Amazon echo and the Amazon Echo Dot
is capable of voice interaction, music playback,
to-do lists, setting alarms, streaming podcasts, playing
audiobooks, and providing weather, traffic, and other
real time information, such as news. Alexa can also
control several smart devices using itself as a home
automation system.
11. Other products and services:
App store
Kindle
Fire tablets
Fire TV
Amazon Studios
Amazon wireless
12. 5 Brilliant Strategies used by Jeff Bezos:
1. Be like the Godfather: Make them an offer they can't refuse.
2. Don't give up information unless absolutely necessary.
Amazon stays mum on Kindle sales, and won't say how many employees it has in
Seattle.
3. Keep teams small enough that members can be fed with two
pizzas.
No team should be larger than can be fed with two large pizzas. That means that task
forces are limited to just five to seven people
13. 4. Stop talking so much .
Jeff believes cross- team communication limits team independence and leads to
people agreeing too much, he estimated, which stands in opposition to the creative
conflict that defines Amazon's culture.
5. Get adversarial.
14. Amazon.com’s Vision Statement:
Amazon’s vision statement is “To be Earth’s most customer-centric
company, where customers can find and discover anything they might want
to buy online.” This vision statement underscores the organization’s main
aim of becoming the best e-commerce company in the world. The
following components or characteristics are emphasized in Amazon’s vision
statement:
Global reach
Customer prioritization
Widest selection of products
15. Amazon.com’s Mission Statement:
Amazon’s mission statement is as follows: “We strive to offer our customers
the lowest possible prices, the best available selection, and the utmost
convenience.” This mission statement promises an attractive e-commerce
service to satisfy customers’ needs. The following components or features
are identifiable in Amazon’s mission statement:
Lowest prices
Best selection
Utmost convenience
16. Why Amazon?
Amazon is one of the 4 major tech giant, once you have it on resume it gives a
lot of value to your career.
Your work impacts so many lives.
Good salary package.
Opportunity to work with the best and brightest in software field.