The name Amazon.com was chosen because the Amazon River is one of the largest rivers in the world.
Amazon.com started as an online bookstore but soon diversified into selling DVDs, CDs, MP3 downloads, computer software, video games, electronics, apparel, furniture, food, and toys.
Posted a net revenue of $34.2 billion and net income of $1.15 billion in 2010.
Amazon boasts of a customer base of 137 million which is more than twice that of GROUPON
In 15 years (1995 - 2011) Amazon went from 1 category to 16 categories
From all over the world. Amazon is a global company and looks for customers all around the world. They have got tie-ups with third party sellers for international coverage
Tech Savvy users and Early technology adopters. Separately designed products like Amazon mp3, Amazon kindle, Amazon Appstore for them.
Seller customers. Amazon’s primary objective is to bring maximum number of reliable sellers under it.
For example rottentomatoes.com is a competitor for IMDB.com and Google App Engine is a competitor for Amazon Web Services. These two in actual becomes competitor for Amazon Inc but not amazon.com
With the Kindle effect, the e-book sales of Amazon surpassed paper book sales for the first time in last quarter of 2010.
The Amazon and Kindle brands are most certainly registered trademarks.
Most of the books that are downloaded for Kindle are copyrighted, and Amazon has a deal with the publisher/author to distribute the content electronically.
Amazon.com’s 1-Click Ordering: Storing a customer's billing information so that they do not have to enter it every time they make a purchase is also patented. It is also commonly referred to as 1-Click Checkout.
Amazon.com has also been awarded patent for an automated system called “gift conversion” wizard that would allow users to return Amazon-derived gifts even before the order was shipped.
Amazon’s sales composition was 100% media sales in the first 3 years. By 2011 media just forms 43% of their total sales
Through Kindle, CDNow, audible.com instaVideo and AmazonMP3 they have a strong foothold in digital sales of media. They have thus reduced dependency on physical sales of media in their portfolio