Difference between revisions of "History of Computers - Amazon"
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Created by Ian Thakur | Created by Ian Thakur | ||
| − | Amazon is an online retailer founded by Jeff Bezos in 1994 as Cadabra; however, its name was quickly changed to Amazon <ref> [http://www.telegraph.co.uk/technology/amazon/11800890/jeff-bezos-interview-amazon-prime-jeremy-clarkson.html]. As of 2015, Amazon surpassed Walmart as the most lucrative retailer in the US <ref> [http://www.nytimes.com/2015/08/16/technology/inside-amazon-wrestling-big-ideas-in-a-bruising-workplace.html?_r=0]. | + | Amazon is an online retailer founded by Jeff Bezos in 1994 as Cadabra; however, its name was quickly changed to Amazon <ref>[http://www.telegraph.co.uk/technology/amazon/11800890/jeff-bezos-interview-amazon-prime-jeremy-clarkson.html]</ref>. As of 2015, Amazon surpassed Walmart as the most lucrative retailer in the US <ref> [http://www.nytimes.com/2015/08/16/technology/inside-amazon-wrestling-big-ideas-in-a-bruising-workplace.html?_r=0]. |
http://g-ec2.images-amazon.com/images/G/01/social/api-share/amazon_logo_500500._V323939215_.png | http://g-ec2.images-amazon.com/images/G/01/social/api-share/amazon_logo_500500._V323939215_.png | ||
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==Significance== | ==Significance== | ||
| − | + | Amazon was the first online retailer to attain long term success. Rather than trying to gain wealth immediately, Bezos favored an unconventional small growth strategy that failed to turn a profit until late 2001, seven years after its founding (13). However, Bezos’ strategy has proven very successful in the long run as Amazon is now the largest retailer in the US. Amazon’s use of the internet was innovative because it used the internet to create a virtually unlimited inventory so that it could compete with much larger retailers, such as Barnes and Nobles. Jeff Bezos was awarded the Time magazine’s “person of the year” award in 1999 for his work in Amazon (14). | |
==References== | ==References== | ||
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| − | + | Robert Spector (2002). Amazon.com: Get Big Fast. | |
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| − | + | <references/> | |
Revision as of 11:49, 18 September 2016
Created by Ian Thakur
Amazon is an online retailer founded by Jeff Bezos in 1994 as Cadabra; however, its name was quickly changed to Amazon [1]. As of 2015, Amazon surpassed Walmart as the most lucrative retailer in the US Cite error: Closing </ref> missing for <ref> tag
Cite error: <ref> tags exist, but no <references/> tag was found
