Amazon.com, an unique online shop!

Amazon.com is one of the largest online retailers and also the grandfather of online shopping. Jeff Bezos, found Amazon.com, Inc in 1994 and launched it in 1995. Who would have thought that a small on-line bookstore would grow into a multinational electronic online shop, with diversity of products for retail? Amazon.com, Inc can with certainty be called a success story, for it has made it in the big world of multinationals, commerce and retail. Amazon.com sells: books, MP3s, DVDs, CDs, furniture, food, toys, video games and digital cameras (http://photobird.wordpress.com/2008/02/14/best-selling-digital-cameras-on-amazon/) not only in the United States of America but also in South America, Europe, Asia and Australia.

Amazon.com, Inc provides international shipping to certain countries, and with its low price retail tactic and the amount of products it has, there is a huge fan base of buyers for its products. Nowadays, when you type in Google: Amazon, the first few search results are all about Amazon.com, hence the results for the Amazon river has been pushed to the second and third page of the search engine.

Amazon.com, Inc is paying a great amount of money for advertisement and to be on the top list of searches on Google. The sum of money that it is paying for advertisements in a year is ridiculously high. Some may think that Amazon.com, Inc only loses money, but that is not true, for it is making huge profits of its retail business (http://seattlefilmandmusic.wordpress.com/2009/02/09/shop-till-everyone-else-drops-how-amazoncom-is-thriving-in-a-horrendous-retail-climate/). Jeff Bezos has an estimated net worth of 10 billion US dollars. He is one of the leading figures in the business world in the USA.

A list of reference:

http://www.internetretailer.com/top500/list.asp

http://www.wikipedia.com

http://www.amazon.com

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