Amazon and it's Founder
The invention of the computer revolutionized our life, with its help it became very easy to store every little information. Then came the invention of the internet and website which changed the lives of us humans. Today who would be such a person who does not know about the Internet, most people are benefiting from its use. For some people, the Internet proved to be a boon, one of them is "Jeff Bezos". This is the same person who recognized the power of the Internet before many geniuses and made Amazon.
What is Amazon?
Amazon America is a technology company in the country that provides its services in the areas of e-commerce, cloud computing, digital streaming (audio and video) and artificial intelligence, etc. I, you, and most of the people of the world use Amazon well for online shopping. know. You too must have bought something from the amazon.com website at some point or the other. It comes at the top position in the world's online goods selling website.
It is said that there will probably be only one salmon that you cannot buy from the website of the Amazon company. This website is known for providing all kinds of items to customers.
History of Amazon
The history of Amazon company is not just to know but there is a lot to learn from it. If you read about the journey of this company from start to finish, surely you will understand how to make a successful company. Let's take a look at the history of Amazon company
Amazon.com or Amazon Company was founded on July 5, 1994, by Jeff Bezos in Bellevue City, Washington State, USA. This business's original name was Cadabra rather than Amazon. Bezos launched his business in the garage of his rental home. Bezos founded his business in the garage of his rental home. His parents also had full faith in this startup, so his parents invested $250,000 in the Amazon company. Jeff made a list of 10 to 20 products to sell on his online site amazon.com, which included selling CDs, books, computer hardware, software, and videos. Then he decided to sell the books due to the demand for them in the whole of America and different countries of the world.
The first book to be sold on amazon.com was "Fluid Concepts and Creative Analogies: Computer Models of Fundamental Systems of Thought" (Fluid Concepts and Creative Analogies: Computer Models) by renowned American physics and cognitive philosopher Douglas Richard Hofstadter. of the Fundamental Mechanisms of Thought). Within 2 months of its launch, Amazon sold books in the US and 45 other countries for $20,000/week.
Amazon Company entered the stock market on May 15, 1997, at $18 per share and took out its first IPO.
Why do customers like Amazon so much to shop?
No company in the world can succeed without satisfying its customers. One of the reasons for the immense success of Amazon company is that it paid a lot of attention to the choices of its customers. It is not that Amazon is the only option for people to shop online, there are many other companies that sell goods online. There are many reasons why people preferred Amazon to other e-commerce websites, some of which are as follows –
Customers find the best service of Amazon, their fast delivery. If you have bought something from Amazon's website today, it may be that today it will deliver that item to your home. No person likes to wait too long, and this company takes great care that the goods are not delayed in reaching the customer.
“Discount on Price” is the second biggest reason why people prefer to shop from Amazon. If you ever come to know the price of an item in the market and then see it on Amazon's website, you will find that online you will get that item at a cheaper price. This is a very big reason why people like to buy goods from Amazon. If you go to the market then you will have to pay some fare for going. Buying goods from the market does not only cost us money for commuting, but we also feel tired. If we order goods from Amazon, then not only do we save money for going to the market, because the goods arrive at our home and we also get discount and there is no fatigue.
The biggest problem in bringing any product home after buying it from the market is to return it if you do not like it. If there is a defect in the product or we do not like it, then we will have to go back to the market again. And it may also happen that the shopkeeper may not return the goods at all. But this is the advantage of shopping from Amazon, if you do not like it, you can also return the goods for absolutely free.
Amazon's e-commerce website gives us the option to choose from many products. When you go to the market, you may not get all the goods in one shop, due to which you will have to go to different shops. But on Amazon, you can buy any product of your need sitting at your home, because of these reasons people like Amazon so much.
Most of the shopping from Amazon's website happens during festivals. The biggest reason for this to happen is the discount on the price of the products at festivals. Diwali, Christmas, Holi, etc. are some such festivals when you can buy your daily use items at a very low cost from Amazon online store.
So these are some of the reasons why customers like to shop on Amazon's e-commerce site so much. Although other e-commerce stores also provide this facility, Amazon's facility is the best and most economical.
How Amazon Company got its Name
There is a very interesting incident behind changing the name of the company from Cadabra to Amazon. It is said that once a lawyer asked Jeff Bezos the name of his company, then he told Cadabra but the lawyer heard Cadever. When the lawyer mispronounced the name of his company, Jeff was very sad and wondered how it would be recognized as a very successful company if people were not able to name my company correctly. So he thought of changing the name of his company.Now the most difficult problem in front of Jeff Bezos was to keep the name of the company, he did not want to keep a simple and which no one could forget after hearing it once. Jeff came up with a trick, he thought of choosing one name from the dictionary.
Jeff Bezos started with the first letter of the English dictionary. He thought it was best if the name started with the letter A because A is at the top or first. Looking at the dictionary, his eyes and fingers stopped on the Amazon (Amazon), which is the largest river in the world.Jeff Bezos found this name best suited for his online store on the Amazon River because Amazon was the largest river and he also wanted to make his site the largest bookstore site in the world.
Bezos wanted to make Amazon an online bookstore, but it became the world's largest company selling all goods online. Certainly Jeff Bezos and his team have worked tirelessly to get here.
Main Members of Amazon Company
No company is made of just one person, many people are involved in it. The definition of the company itself is that the place where a group of many people work together is called a company. The same is true with Amazon, it also has many prominent members who do the work of running it.
We all know about Jeff Bezos because he founded the Amazon company. Let us know about the other important members of this e-commerce company and their role in the company –
Key Member Role in Company Year of Joining Amazon
Jeff Bezos Founder and Executive Chairman 1994
Andy Jesse Chief Executive Officer (CEO) 1997
Brian T. Olsavsky Senior Vice President and Chief Financial Officer (CFO) 2002
David H. Clark CEO, (Consumers Worldwide) 1999
Shelley L. Reynolds Vice President, World Wide Controller 2006
Adam N. Selipsky Chief Executive Officer (Amazon Web Services) 2005
David A. Zapolsky Senior Vice President, General Counsel and Secretary 1999
Working Process of Amazon
If you have ever shopped from Amazon's e-commerce website, then you know a lot about how Amazon works. As we have read above, this company started as a book selling online store but within 10-15 years of its inception, Amazon started selling other products besides books.
As time passed, so did the number of products on Amazon. Almost every type of product is available on Amazon today.
You can buy and sell any item within a few seconds by visiting Amazon's website. Yes, you read it right, Amazon gives us not only to buy goods but also to sell.
If you have any product of your own, then you can become a part of Amazon affiliate program and list your product on Amazon site.
Even if you do not have any goods of your own, you can still earn a good amount by joining the Amazon Affiliate program and selling the goods available on Amazon anywhere. Amazon company not only works in the field of e-commerce (shopping), but it also provides its service in other areas like artificial intelligence, and cloud computing (web hosting etc.).
By Moni Sinhmar
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