Amazon company history and background

Amazon company history and background

Amazon company history and background
 

Amazon the online retailer was established by Jeff Bezos in 1994 when the internet was a very different place their online presence has expanded into cloud computing film streaming Erie ders and a whole host of new and unique things no one could have foreseen this in 1994 and the corporation has truly paved the way for other companies selling online Amazon company history and background Amazon. 

1. The very first book sold on Amazon was shipped from Jeff Bezos his garage

The very first book sold on Amazon was shipped from Jeff Bezos his garage in 1995 the rather long-winded fluid concepts and creative analogies computer models of the fundamental mechanisms of thought became the first book to be bought on Amazon there were no huge Amazon warehouses back then so it was packaged and dispatched by Bezos himself.

2. Barnes & Noble sued Amazon in 1997

Barnes & Noble sued Amazon in 1997 for claiming they were Earth's largest bookstore Barnes & Noble were not pleased about Amazon monopolizing on their earth's largest bookstore status not believing they could call themselves a bookstore so they sued them and it was eventually settled out of court ironically Jeff Bezos his wife and their first Amazon employee used to have meetings in their local burns ennoble when they first started out.

3. Every staff member at Amazon spends two days every two years working in the customer service department

Every staff member at Amazon spends two days every two years working in the customer service department even the CEO does it and it's all to help staff at all levels understand the customer service process and the kind of demands customers are making each day no one on the board is allowed to become out of touch.

4. Amazon's original business plan

Amazon's original business plan didn't predict any profit for five years Vsauce outlined a slow growth which didn't go down well with impatient stockholders this was during the dot-com bubble and investors were anxious that it could burst at any time Amazon turned its first profit in 2001 six years after it was launched.

5. Amazon was originally going to be named Cadabra

Amazon was originally going to be named 'Cadabra'. Cadabra a shortened version of abracadabra was chosen by Bezos originally as the name for his bookselling website when he ran it by his lawyer it was vetoed because he misheard it as cadaver Jesus then bought a new domain and considered calling the online company relentless but friends told him it sounded too sinister amazon.com was finally bought in 1995.

6. Amazon went down for 49 minutes in 2013

Amazon went down for 49 minutes in 2013 and they missed out on sales worth 5.7 million dollars just in case we weren't sure how much money Amazon is capable of making each day they had no sales for nearly an hour and lost out on 5.7 million dollars wired.com calculated the value of this as the equivalent of twenty-eight thousand six hundred and forty-three kindle fires and four hundred and twenty-eight thousand eight hundred ninety-three pairs of their top-selling men's boxers.

7. Powerpoint presentations are banned at amazon team meetings

Powerpoint presentations are banned at amazon team meetings instead of a dry presentation where people sit in silence and listen to someone else's interpretation of a topic all team meetings start with 30 minutes of reading on the topic instead everyone has their own individual thoughts and it encourages critical thinking.

8. Amazon's warehouses

Amazon's warehouses throughout the world are bigger than 700 Madison Square Gardens in total Amazon's gargantuan warehouses are where they store their myriad of products ready for dispatch and understandably they have to be pretty big there are Amazon warehouses in 13 countries around the world and staff will walk an average of 10 miles a day while they're retrieving product.

9. In the company's early days they saved money by making desks out of doors

In the company's early days they saved money by making desks out of doors that would get cheap doors and construct desk from them including Jeff Bezos I guess you have to resort to things like that when you're not expecting to make a profit for five years the company still encourages the practice and hand out a door desk award for really creative thrifty ideas.

10. Jeff Bezos is a really tough boss

Jeff Bezos is a really tough boss tech startups are assumed to be social relaxed places but Amazon is apparently nothing of the sort Vsauce likes an adversarial atmosphere regularly forwards customer complaints onto his staff with a probing question mark and then has been quoted as saying if I hear that idea again I'm going to have to kill myself.


Like many Internet companies, there's a lot of mythology surrounding Amazon its people and its operations it still fulfills that perfect internet startup narrative though it began was one guy in a garage and now it's a multi-billion dollar phenomenon you use Amazon I use Amazon we all use Amazon it's certainly not going anywhere and it's selling us more and more from video streaming to new ways to read who could have foreseen that an online bookseller would become one of the most important websites in the world what would you have on your Amazon wish list if money was no object are you a traditionalist with a big long reading list or would you want everything with a 4k HD screen.

So, guys, I meet you with my next blog and you have any suggestions for me tell on the comment section.


Thank you very much for giving me your important time 
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