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Amazon Intro and Amazon Business Model

  What is AMAZON?  Amazon Inc. is an American multinational technology company, which focuses on. ➢ E-commerce ➢ Cloud computing ➢ Digital streaming ➢ Artificial intelligence. Background / History. • Jeff Bezos founded Amazon in July 1994. • In July 1995, the company began service as an online bookstore.  • In July 1995, the company began service as an online bookstore. • In May 1997, Amazon went public. • It began selling music and videos in 1998, at which time it began operations internationally by acquiring online sellers of books in United Kingdom and Germany. Facts about AMAZON • 2.5 Million Sellers     • 150 Million Prime Members • 150.6 Million Mobile Users • 84% Satisfied Buyers • 400,00 orders per day • 4000 items sale per minute • ALEXA is best selling Product Amazon.com(For Buyers)  It is also called as front end which is for buyers. from where we purchase products . https://www.amazon.com/ Sellercentral.amazon.com(For Sellers) The sel...
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E commerce and its models

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 WHAT IS E-commerce? E-commerce is known as electronic  commerce or internet commerce , refers to the buying and selling of goods or services using the internet , and the transfer  of money and data to execute these transactions.  E-commerce is all about accessibility, we can  access it by using mobile phone , computers and other devices by using internet.  A survey shows that customers use more mobile phones for online shopping other then any devices.  MODELS OF E-commerce :  There are four models of E-commerce  1. B2C: Business to Consumer _ Any thing you buy in an online store as consumer - Amazon  2. B2B:  Business to Business _ A business selling its goods to an other business  by using internet - Alibaba. 3. C2B: Consumer to Business _ Individuals selling goods and services to companies by using internet - Upwork.  4. C2C: Consumer to Consumer _ Connects consumers to exchange services and goods - Craigslist...
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