Amazon and the Rise of E-commerce: The story of Jeff Bezos’ revolutionary company
By 50minutes
()
About this ebook
In less than two decades, Amazon grew from a startup to become the world leader in online shopping, with hundreds of millions of customers around the world. However, the future did not always look so bright for the internet giant: its unconventional business model initially left investors worried, and it had to overcome the burst of the internet bubble that led to the collapse of many other young tech companies. In this concise and accessible guide, you will find out how Jeff Bezos was able to steer Amazon from its humble beginnings in a garage in Seattle to its current position as one of the most influential companies in the world.
In 50 minutes you will:
• Learn about Amazon’s history, from 1994 right up to the present day
• Understand its innovative business model and find out why it was so successful
• Identify the opportunities and challenges for online shopping in the future
ABOUT 50MINUTES.COM | BUSINESS STORIES
The Business Stories series from the 50Minutes collection provides the tools to quickly understand the innovative companies that have shaped the modern business world. Our publications will give you contextual information, an analysis of business strategies and an introduction to future trends and opportunities in a clear and easily digestible format, making them the ideal starting point for readers looking to understand what makes these companies stand out.
Read more from 50minutes
Albert Camus: Existentialism, the Absurd and rebellion Rating: 5 out of 5 stars5/5The Trojan War: A legendary conflict in Ancient Greece Rating: 0 out of 5 stars0 ratingsThe United Nations: The Organisation at the Heart of International Diplomacy Rating: 5 out of 5 stars5/5Transactional Analysis: A valuable tool for understanding yourself and others Rating: 3 out of 5 stars3/5The Six-Day War: The Conflict that Re-Shaped the Middle East Rating: 0 out of 5 stars0 ratingsThe Battle of Thermopylae: The Heroic Fall of Leonidas I and the 300 Spartans Rating: 5 out of 5 stars5/5Yoga for Beginners: Simple techniques to boost your wellbeing Rating: 0 out of 5 stars0 ratingsWinston Churchill: Britain’s Legendary Wartime Leader Rating: 0 out of 5 stars0 ratingsThe Yom Kippur War: The Arab-Israeli Conflict of 1973 Rating: 0 out of 5 stars0 ratingsOpus Dei: The Secrets and Scandals of an Influential Organisation Rating: 0 out of 5 stars0 ratingsMindfulness: The secrets to inner peace and harmony Rating: 0 out of 5 stars0 ratingsThe Eruption of Vesuvius: The Deadly Disaster of Pompeii Rating: 5 out of 5 stars5/5Learn to Love Yourself: Practical steps to build confidence and self-esteem Rating: 0 out of 5 stars0 ratingsHenry Ford: Mass Production and the Model T Rating: 0 out of 5 stars0 ratingsIsaac Newton: A Giant of Modern Science Rating: 0 out of 5 stars0 ratingsAlbert Einstein: The Genius who Changed the Face of Physics Rating: 1 out of 5 stars1/5The Battle of Tours: The Turning Point in the Struggle Against Islam Rating: 0 out of 5 stars0 ratingsThe Chernobyl Disaster: The Nuclear Catastrophe and its Devastating Effects Rating: 0 out of 5 stars0 ratingsGeorges Lemaître: The Big Bang Theory and the Origins of Our Universe Rating: 5 out of 5 stars5/5The Watergate Scandal: The conspiracy that brought down Nixon Rating: 0 out of 5 stars0 ratingsMagellan: The First Circumnavigation of the Globe Rating: 0 out of 5 stars0 ratingsThe Battle of Lepanto: The Brutal Defeat of the Ottoman Empire Rating: 0 out of 5 stars0 ratingsLeif Eriksson: His Forgotten Discovery of America Rating: 0 out of 5 stars0 ratingsGeorge Washington: The Founding Father of the US Constitution Rating: 4 out of 5 stars4/5The Battle of Verdun: The Horror of Trench Warfare Rating: 0 out of 5 stars0 ratingsThe Attack on Pearl Harbor: The Attack that Shook America Rating: 0 out of 5 stars0 ratings
Related to Amazon and the Rise of E-commerce
Titles in the series (11)
Spotify : "Music for everyone": Quel avenir pour le géant de la musique en streaming ? Rating: 5 out of 5 stars5/5Wikipédia, l'encyclopédie libre et collaborative: Retour sur le succès d’un projet totalement innovant Rating: 5 out of 5 stars5/5Groupon le géant des prix réduits: Quand le coupon devient numérique, social et tendance Rating: 0 out of 5 stars0 ratingsAmazon and the Rise of E-commerce: The story of Jeff Bezos’ revolutionary company Rating: 0 out of 5 stars0 ratingsLa Wikipedia: Una revolucionaria enciclopedia libre y colaborativa Rating: 0 out of 5 stars0 ratingsSpotify, Music for Everyone: The meteoric rise of the world’s top streaming service Rating: 3 out of 5 stars3/5YouTube, The Home of Vlogging: The rise of video on demand Rating: 0 out of 5 stars0 ratingsWikipedia, The Free Collaborative Encyclopaedia: The unexpected rise of one of the world’s most popular sites Rating: 0 out of 5 stars0 ratingsGroupon, The Online Discount Phenomenon: The turbulent history of a record-breaking startup Rating: 0 out of 5 stars0 ratingsSpotify: El meteórico ascenso del líder de la música en streaming Rating: 4 out of 5 stars4/5Groupon: El fenómeno de los descuentos en línea Rating: 0 out of 5 stars0 ratings
Related ebooks
Groupon, The Online Discount Phenomenon: The turbulent history of a record-breaking startup Rating: 0 out of 5 stars0 ratingsIn the Plex: How Google Thinks, Works, and Shapes Our Lives Rating: 4 out of 5 stars4/5Big Billion Startup: The Untold Flipkart Story Rating: 5 out of 5 stars5/5Chronicle of a Startup Town: Los Angeles Rating: 0 out of 5 stars0 ratingsAmazon Unbound: Jeff Bezos and the Invention of a Global Empire Rating: 4 out of 5 stars4/5Summary of Brad Stone's Amazon Unbound Rating: 0 out of 5 stars0 ratingsThe JD.com Story: An e-commerce phenomenon Rating: 4 out of 5 stars4/5Amazon.com: Get Big Fast Rating: 4 out of 5 stars4/5Franchising Dreams: The Lure of Entrepreneurship in America Rating: 5 out of 5 stars5/5The Startup Game: Inside the Partnership between Venture Capitalists and Entrepreneurs Rating: 4 out of 5 stars4/5Startup: How To Create A Successful, Scalable, High-Growth Business From Scratch Rating: 5 out of 5 stars5/5The Business of Platforms: Strategy in the Age of Digital Competition, Innovation, and Power Rating: 4 out of 5 stars4/5Surviving a Startup: Practical Strategies for Starting a Business, Overcoming Obstacles, and Coming Out on Top Rating: 0 out of 5 stars0 ratingsThe Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup Rating: 5 out of 5 stars5/5Lean Startup Marketing: The 3-Step Process to Marketing Ideas into Products for Profit. Rating: 5 out of 5 stars5/5Wiser | The Definitive Guide to Starting a Business After the Age of 50 Rating: 0 out of 5 stars0 ratingsR&D Analytics Standard Requirements Rating: 0 out of 5 stars0 ratingsB2B Marketplace A Complete Guide - 2021 Edition Rating: 0 out of 5 stars0 ratingsStartup Communities: Building an Entrepreneurial Ecosystem in Your City Rating: 4 out of 5 stars4/5Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches Rating: 5 out of 5 stars5/5Choose Your Customer: How to Compete Against the Digital Giants and Thrive Rating: 0 out of 5 stars0 ratingsThe 1% Windfall: How Successful Companies Use Price to Profit and Grow Rating: 3 out of 5 stars3/5Direct To Consumer Playbook A Complete Guide - 2021 Edition Rating: 0 out of 5 stars0 ratingsThe Lean Entrepreneur: How Visionaries Create Products, Innovate with New Ventures, and Disrupt Markets Rating: 5 out of 5 stars5/5e-Commerce: An e-Book Special Report Rating: 4 out of 5 stars4/5Digital eCommerce Strategy: Doing Business on the Internet Rating: 5 out of 5 stars5/5Things to Know Before Starting an e-Commerce Business Rating: 2 out of 5 stars2/5Retail Business and More: Step-by-Step Startup Guide Rating: 0 out of 5 stars0 ratingsThe Start-Up J Curve: The Six Steps to Entrepreneurial Success Rating: 5 out of 5 stars5/5
Business Development For You
Capital in the Twenty-First Century Rating: 4 out of 5 stars4/5The Hard Truth About Soft Skills: Soft Skills for Succeeding in a Hard Wor Rating: 3 out of 5 stars3/5Ultralearning: Master Hard Skills, Outsmart the Competition, and Accelerate Your Career Rating: 4 out of 5 stars4/5The Attitude Is Everything Workbook: Strategies and Tools for Developing Personal and Professional Success Rating: 4 out of 5 stars4/5The 30 Laws of Flow: Timeless Principles for Entrepreneurial Success Rating: 5 out of 5 stars5/5Hard Asks Made Easy: How to Get Exactly What You Want Rating: 0 out of 5 stars0 ratingsNolo’s Guide to Single-Member LLCs: How to Form & Run Your Single-Member Limited Liability Company Rating: 0 out of 5 stars0 ratingsVivid Vision: A Remarkable Tool for Aligning Your Business Around a Shared Vision of The Rating: 4 out of 5 stars4/5212 The Extra Degree: Extraordinary Results Begin with One Small Change Rating: 5 out of 5 stars5/5This Shit Works: A No-Nonsense Guide to Networking Your Way to More Friends, More Adventures, and More Success Rating: 0 out of 5 stars0 ratingsHow to Start a Business for Beginners: A Complete Guide to Building a Successful & Profitable Business Rating: 5 out of 5 stars5/5The E-Myth Contractor: Why Most Contractors' Businesses Don't Work and What to Do About It Rating: 4 out of 5 stars4/5Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days Rating: 4 out of 5 stars4/5The Bezos Letters: 14 Principles to Grow Your Business Like Amazon Rating: 5 out of 5 stars5/5The $100 Startup by Chris Guillebeau: Summary and Analysis Rating: 4 out of 5 stars4/5How the Mighty Fall: And Why Some Companies Never Give In Rating: 4 out of 5 stars4/5Rocket Fuel Rating: 0 out of 5 stars0 ratingsDon't Trust Your Gut: Using Data to Get What You Really Want in LIfe Rating: 3 out of 5 stars3/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5The Consulting Bible: How to Launch and Grow a Seven-Figure Consulting Business Rating: 3 out of 5 stars3/5Power: Why Some People Have It—and Others Don't Rating: 4 out of 5 stars4/5The Magic of Tiny Business: You Don’t Have to Go Big to Make a Great Living Rating: 4 out of 5 stars4/5Summary of Graham Cochrane's How to Get Paid for What You Know Rating: 0 out of 5 stars0 ratingsExponential Organizations 2.0: The New Playbook for 10x Growth and Impact Rating: 5 out of 5 stars5/5Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist Rating: 4 out of 5 stars4/5Summary of Elaine Pofeldt's The Million-Dollar, One-Person Business Rating: 0 out of 5 stars0 ratingsStrengths Finder 2.0 | Summary Rating: 0 out of 5 stars0 ratings
Reviews for Amazon and the Rise of E-commerce
0 ratings0 reviews
Book preview
Amazon and the Rise of E-commerce - 50minutes
In under two decades, Amazon has become the world leader in e-commerce. It quickly rose to prominence and is now one of the so-called Big Four
, along with Apple, Google and Facebook. After its stock market launch in 1997, its market capitalisation rose over the years from $148 million to over $200 billion in July 2015. A shining beacon of economic success, Amazon has been both praised and criticised, and the company has taken steps to maintain its dominance. Faced with increasingly tough competition, it branches out year after year to offer new, innovative products and services.
However, things were not always so rosy for the internet giant. In spite of an unusual business model – which was a cause of concern for investors to begin with – Amazon survived the burst of the internet bubble, caused by the overvaluation of young tech companies on the stock market, in the early 2000s and first turned a profit in 2001. This profit stood at $5 million, or one cent per share, for a turnover of over a billion dollars. Although this was still a slim margin, it showed the world, and even the most sceptical observers, that this unconventional business model could succeed.
While nowadays Amazon sells virtually everything, the company initially only sold paper books, before branching out into electronics (CDs, DVDs, software, cameras, video games, household appliances, and so on), digital content (e-books, online video and music, and so on), its own electronic devices (the Kindle, the Fire Phone, and so on) and cloud computing (Amazon Web Services). The company has