Sunday, 10 November 2013

What you need to know about Amazon.com

Brief History


  • Amazon was incorporated in Canada in July 1994.
  • It went online  in 1995 as a virtual bookstore that became one of the internet's biggest success stories. 
  • Investors included Tom Alburg and Nick Hananuer.
  • In 1999 Amazon raked in 1 billion dollars in sales.
  • In 2001 it made a fiscal loss of 1.4 billion dollars and had to lay off 200 workers.

Who founded Amazon?












Jeffery Bezos is the creator of Amazon.Born on January 12th 1964  Albuquerque, New Mexico. He started his company in his garage where he sold his first book. The company was named after the Amazon River because the name Amazon was a place exotic and different. Within the first two months of business Amazon sold to all 50 states and over 45 countries. In 2013,Bezos made headlines when he purchased The Washington Posting a $250 million deal.

What are the services offered by Amazon?
Some of the services offered by Amazon are:

  • Compute - Amazon Elastic Compute Cloud delivers scalable, pay-as-you-go compute capacity in the cloud. Amazon Elastic MapReduce is a web service that enables businesses, researchers, data analysts, and developers to easily and cost-effectively process vast amounts of data.
  • Content Deliver - Amazon CloudFront is a web service that makes it easy to distribute content with low latency via a global network of edge locations.
  • Database - Amazon Relational Database Service is a web service that makes it easy to set up, operate, and scale a relational database in the cloud.
  • Deployment & Management - IAM enables you to securely control access to AWS services and resources for your users. IAM enables you to create and manage users in AWS, and enables you to grant access to AWS resources for users managed outside of AWS in your corporate director.
  • Support - AWS Support is a one-on-one, fast-response support channel to help you build and run applications on AWS Infrastructure Services.
Amazon's net work and how it makes money

      Amazon network is worth 90 billion as of 2013. The company makes money by  essentially leasing space to retailer like Nordstrom, Land's End and Target, who use Amazon.com as a supplemental outlet for their online sales. Amazon handles the entire sales transaction from start to finish and gets a cut of each sale (usually about 10 percent to 15 percent) and sometimes charges additional listing or subscription fees

What is life like working at Amazon?
Amazon currently employs more than 88,400 people around the world. Centered in Seattle Washington  and requires long hours between 8-10 working hours per day. Day shifts are $10 per hour and night shifts are $11 per hour. Work fields include: fulfillment centers, customer service centers, data centers, and software development centers. Amazon offer employees health care benefits for them and their families, saving plans and opportunities to work in new areas. 

What inventions is Amazon working on right now?

New inventions by Amazon include:  as kindle fire, ebooks, ebook reader and kindle fire tablet computer• Launch vine.com for buying green products such as groceries, and household items. 












3 comments: