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Amzon.com: Past, Present and Future

Jeff Bezos has always had an interest in anything that could be revolutionized by computers. He was extremely intrigued by the amazing growth in the use of the Internet. Mr. Bezos created a business model that leveraged the Internet’s unique ability to deliver huge amounts of information rapidly and efficiently.

In July 1995 Amazon.com opened its virtual doors with a mission to use the Internet to transform book buying into the fastest, easiest and most enjoyable shopping experience possible.

Based in Seattle, Washington, Amazon.Com went public on May 15, 1997 and became known to many households through a national advertising campaign. What started as the World’s biggest bookstore is rapidly becoming the World’s biggest anything store. Amazon.Com’s main site offers millions of books, CDs, DVDs, and videos. Additionally in 1999 the site began to offer toys, tools, electronics, health and beauty products, prescription drugs, and services such as film processing.

Amazon.Com has continued to expand propelling the company in many directions. It owns stakes in online sellers of prescription drugs, handcrafted items, and more. Amazon.Com is able to offer services that traditional retailers cannot: lower prices, aut


Senior Vice President, Worldwide Architecture & Platform Software, and Chief Information Officer

There are many risk factors that are related to globalization. When translating a website from on language to another there is more to it than translating the content to the other language. It means rewriting the content so that it’s appropriate. There are also different dialects of every language. Web businesses should also know that symbols that are used might be thought of as offensive in other cultures. The addressing system that we use here may not correspond to the addressing system of another culture. The website must adjust the order pages to suit the addressing standards of another country. Consumers in many places are still hesitant to use their credit card numbers online. Therefore they should have a local number where the customer can call and process their order. Every web-based business should have representatives in the country where they hope to compete. They must also know the rules and regulations for the country where they plan to do business. It is a rule of thumb also that they should not ship products into countries where they do not have physical presence. Customer service can easily breakdown over long distances. It may also be very costly to ship items in that region. They should work with local consultants to make sure that they are not doing anything illegal. It is in the company’s best interest that if they are going to globalize to study the language, cultures, legal issues, and it also crucial to have an actual physical presence in the countries where you would like to globalize.

• The seasonality of their business places increased strain on their business.

• The loss of key senior management personnel could negatively affect our business.

Some topics in this essay:
Wall Street, CDs DVDs, Resources Amazon’s, Marketplace Auctions, Technology Amazoncom, Japan France, Future Amazoncom, Risk Factors, Profit Gross, Jeff Bezos, vice president, senior vice president, senior vice, net sales, november 2001, president chief, president worldwide, barnes noble, joining amazoncom, risk factors, vice president worldwide, chief information officer, served senior vice, marketable securities, cash cash equivalents,

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Approximate Word count = 3535
Approximate Pages = 14 (250 words per page double spaced)


  

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