why amazon is so successful?
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1) INNOVATION Amazon's success largely stems from its innovative technologies and practices, many of which were championed by its CEO, Jeff Bezos. ... This innovative technology was a huge investment for the e-commerce giant—one that fostered exceptional results. Over 22 million Echo units were sold in 2017 alone.
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It's believed that Google's success came from its desire and ability to provide higher-quality results for each user. Understanding search intent and finding the most accurate and relevant websites that match each query have allowed Google to stand out from the competition. ... Google provides simple, better results.
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Amazon ranks tops for its reputation among consumers 1 among market research company Morning Consult's Most Loved Brands. Consumers love Amazon. The company helps them find the goods they want (even obscure items) at the prices they want.
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Amazon.com itself is a major website that sells everything from car seats to lipsticks to sun umbrellas. When you shop from Amazon.com, you are buying directly from Amazon's complete product inventory and individual sellers. Amazon Marketplace is the third-party retailer market integrated into the same platform.
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Amazon routinely takes a loss on its book sales, often charging customers less per book than it pays publishers and swallowing the difference. ... But that also means it has set certain customer expectations: Many Amazon customers now believe that books should be cheap — cheaper to buy than they are to make.
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But CEO Jeff Bezos' lawyer told him the reference to magic was too obscure. While looking through the "A" section of the dictionary, Bezos discovered the word "Amazon," which seemed fitting because it was earth's largest river and he was building the world's largest bookstore.
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There are many factors that impact it. In a top view, to succeed, the product must have the “right” features and capabilities; must be developed and delivered in the “right” time and with “good” quality; must be promoted, sold, and supported “well” – of course.
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['Cybersecurity. ... ', 'Competition. ... ', 'Order fulfillment. ... ', 'Customer experience. ... ', 'Quality website traffic and visitor conversion. ... ', 'Visibility. ... ', 'Return/refund policy. ... ', 'Finding the right market.']
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Its famous internal motto is “Work hard. Have fun. Make history,” and Bezos and Amazon have even been criticized for asking too much of company employees. ... “That's going to make it easier for you to make that choice to work hard,” Bezos said at the gala.
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Amazon is one of the best online shopping websites. From varied options to choose from, to amazing delivery, Amazon has excelled in most of the fields and could also emerge as one of the heads in the e-commerce field. I have been an Amazon customer since the last two years.
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In your particular case, the most likely reason is that Amazon was not able to verify your identity. ... So, if you live outside the US, the probability of having your account approved depends on how robust is the ability of Amazon to verify individual identities in your country.
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The most important reason I want to work for Amazon is that the possibilities for creating and marketing products that have a huge impact are great. ... At work I enjoy diving deep and staying connected to details, and from what I have learned Amazon is a very data driven company so I could use data if I worked there.
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It's cost-effective. Pay as you go—you are charged for storage space and the orders we fulfill. The cost of shipping is included in your fees, with no extra charge for Amazon Prime FREE Two-Day Shipping and free shipping on eligible orders. Fees for Selling on Amazon and optional services may apply.
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Books might not seem glamorous compared to hot toys, wholesale deals, or trendy electronics, but you can make a lot of money selling used books on Amazon. For established Amazon sellers, adding books to your business model can be a profitable way to stock your inventory with high ROI items.
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['Amazon.com. Some folks on Wall Street view e-commerce and cloud services giant Amazon.com (NASDAQ:AMZN) as expensive, given its estimated price-to-earnings ratio this year of 68. ... ', 'Intuitive Surgical. ... ', 'NextEra Energy. ... ', 'Exelixis. ... ', 'Pinterest. ... ', 'SSR Mining. ... ', 'Innovative Industrial Properties. ... ', '8. Facebook.']
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The mission and vision of Amazon.com is: Our vision is to be earth's most customer-centric company; to build a place where people can come to find and discover anything they might want to buy online.
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Scalable and Adaptable In fact, AWS is great for building a business from the bottom as it provides all the tools necessary for companies to start up with the cloud. For existing companies, Amazon provides low-cost migration services so that your existing infrastructure can be seamlessly moved over to AWS.