Amazon.com - A Giant of E-commerce Essay -- Business Management Studie

amazon.com - A elephantine of E-commerceEXECUTIVE SUMMARY Electronic commerce industries that make e-commerce contingent atomic number 18 growing at breakneck speed, altering not lone(prenominal) how Ameri tushs, simply also the global marketplace produces, markets, and acquires goods and services. In the e-commerce industry, it is generally agree that virago.com provides sensation of the crush business model benchmarks today. amazon.com came online in the summer of 1995 with a foreign mission to use the Internet to transform book subverting into the fastest, easiest and most sweet shopping experience possible. According to their home page Amazon.com since the epitome of 1995 our client base and fruit offerings have grown considerably, millions of people in more than 220 countries have made Amazon.com the leading online shopping site. When you visit Amazon.com, you give the sack buy books, music, videos, and more--by a click of the mouse. While the company has yet to mo a profit, they have revolutionized e-commerce by making customer inter activity and feedback sidetrack of their fool image. Amazons method is to create a confederation of consumers. a great deal of their ingatherings speaks for themselves, so the customer feedback provides an objective measuring stick for the ace of Amazons services. Individuals may express their opinions on all accessible products. Promoting such(prenominal) favorable business environment Amazon hopes to reinforce sentience and agency in e-commerce customer population, as well as promote best practice among competitors. Amazons competitive threats come from other(a) e-commerce, nett sites like Walmart.com, Barnes & Noble.com, Ebay.com, etc. Amazon knows that customers are sensitive to product fictitious character and price, and personal information security so at Amazon.com they can conceive to benefit from all three offerings. Amazon.com has a world-class care team led by Mr. Jeffrey P. Bezos founder and companys moderate of the display panel and Chief Exe baseball swingive Officer. He has exceptional knowledge of the industry. As stated in the home page new release On a single Saturday in July, 100 airplanes and 9,000 trucks delivered more than 250,000 copies of Harry work and the chalice of Fire to customers, providing the hottest kids book faster than topical anesthetic bookstores. This action clearly shows the powers of our suppliers and buyers. Amazon.com is committed to customer satisfaction despit... ...C. (2001). Amazon to cut product offerings, drop layoff clause. Internet News. Retrieved April 1, 2001 from the World all-embracing meshwork http//www.internet news program.com/ec-news/ name/0,,4_578031,00.html. Chait, M. (2001). Amazon releases preliminary q4 highlights. Internet News. Retrieved April 1, 2001 from the World Wide vane http//www.internetnews.com/ec-news/ denomination/0,,4_554311,00.html Cox, B. (2001). Amazon tops in onli ne ad spending. Internet News. Retrieved April 1, 2001 from the World Wide Web http//www.internetnews.com/ec-news/ member/0,,4_534171,00.html Cox, B., Chait, M. (2001). 1,300 layoffs at Amazon. Internet News. Retrieved April 1, 2001 from the World Wide Web http//www.internetnews.com/ec-news/article/0,,4_580621,00.html Stepankowsky, P. L.(1998). Cyberspace hits the real world. Retrieved April 1, 2001 from the World Wide Web http//www.bus.utexas.edu/ westside/wwwboard/messages/90.htmlfollowupshttp//www.ecommerce.treasury.gov.au/http//www.cordis.lu/esprit/src/ecomcom.htmhttp//www.spectrum.ieee.org/index.htmlhttp//www.ce.cmu.edu/GreenDesign/research.html http//investor.cnet.com/investor/news/newsitem/0-9900-1028-8139066-0.html?tag=ltnc Amazon.com - A Giant of E-commerce Essay -- Business Management StudieAmazon.com - A Giant of E-commerceEXECUTIVE SUMMARY Electronic commerce industries that make e-commerce possible are growing at breakneck speed, altering not only how Americans, but also the global marketplace produces, markets, and acquires goods and services. In the e-commerce industry, it is generally agreed that Amazon.com provides one of the best business model benchmarks today. Amazon.com came online in the summer of 1995 with a mission to use the Internet to transform book buying into the fastest, easiest and most enjoyable shopping experience possible. According to their home page Amazon.com since the summary of 1995 our customer base and product offerings have grown considerably, millions of people in more than 220 countries have made Amazon.com the leading online shopping site. When you visit Amazon.com, you can buy books, music, videos, and more--by a click of the mouse. While the company has yet to turn a profit, they have revolutionized e-commerce by making customer interaction and feedback part of their brand image. Amazons method is to create a community of consumers. Much of their products speaks for themselves, so the customer feedback provides an objective measuring stick for the integrity of Amazons services. Individuals may express their opinions on all available products. Promoting such favorable business environment Amazon hopes to reinforce awareness and confidence in e-commerce customer population, as well as encouraging best practice among competitors. Amazons competitive threats come from other e-commerce, Web sites like Walmart.com, Barnes & Noble.com, Ebay.com, etc. Amazon knows that customers are sensitive to product quality and price, and personal information security so at Amazon.com they can expect to benefit from all three offerings. Amazon.com has a world-class management team led by Mr. Jeffrey P. Bezos founder and companys Chairman of the Board and Chief Executive Officer. He has exceptional knowledge of the industry. As stated in the home page new release On a single Saturday in July, 100 airplanes and 9,000 trucks delivered more than 250,000 copies of Harry Potter and the Goblet of Fire to customers, providing the hottest kids book faster than local bookstores. This action clearly shows the powers of our suppliers and buyers. Amazon.com is committed to customer satisfaction despit... ...C. (2001). Amazon to cut product offerings, drop layoff clause. Internet News. Retrieved April 1, 2001 from the World Wide Web http//www.internetnews.com/ec-news/article/0,,4_578031,00.html. Chait, M. (2001). Amazon releases preliminary q4 highlights. Internet News. Retrieved April 1, 2001 from the World Wide Web http//www.internetnews.com/ec-news/article/0,,4_554311,00.html Cox, B. (2001). Amazon tops in online ad spending. Internet News. Retrieved April 1, 2001 from the World Wide Web http//www.internetnews.com/ec-news/article/0,,4_534171,00.html Cox, B., Chait, M. (2001). 1,300 layoffs at Amazon. Internet News. Retrieved April 1, 2001 from the World Wide Web http//www.internetnews.com/ec-news/article/0,,4_580621,00.html Stepankowsky, P. L.(199 8). Cyberspace hits the real world. Retrieved April 1, 2001 from the World Wide Web http//www.bus.utexas.edu/west/wwwboard/messages/90.htmlfollowupshttp//www.ecommerce.treasury.gov.au/http//www.cordis.lu/esprit/src/ecomcom.htmhttp//www.spectrum.ieee.org/index.htmlhttp//www.ce.cmu.edu/GreenDesign/research.html http//investor.cnet.com/investor/news/newsitem/0-9900-1028-8139066-0.html?tag=ltnc