World’s Most Profitable Brand Amazon is an American multinational technology company of Washington. However, Amazon was founded by Jeff Bezos in 1944. It includes E-commerce, cloud computing, digital streaming, and artificial intelligence.
Although, Amazon is incorporated to be one of the BIG FIVE companies in the U.S. industry, along with GOOGLE, APPLE, MICROSOFT AND FACEBOOK.
Walmart is the world’s largest private employer hiring company and now amazon has become the 2nd. Though, It trades 3/4th of all merchandising goods being bought or sold online in United states. It also helps in displaying the shipment elements acquainted across the WEB, including e-bay and Etsy.
Why AMAZON Is overwhelming?
Although, Amazon’s web services provide power to huge segments of the Internet including Netflix and the central intelligence agency (C.I.A.) However, Critics say that like Google, Microsoft, and Facebook, this company has grown too large and overpowering to be trustworthy.
Everyone around the globe including Former President, Donald Trump has declared Amazon to be perilously unbridled.
Moreover, Investigations by many organizations have set down Amazon sales of unlawful and lethal products. They also exposed that due to the company’s fast delivery policies, many of their drivers speeding down the streets causing accidents and through intersections, killing people.
Although, everyone around the globe including Former President, Donald Trump has declared Amazon to be perilously unbridled.
Investigations by many organizations have set down Amazon sales of unlawful and lethal products. They also exposed that due to the company’s fast delivery policies, many of their drivers speeding down the streets causing accidents and through intersections, killing people.
AMAZON’S PRODUCTS SERVICES:
However, on Amazon’s websites, the product services dispense cover several media:
- CONSUMER ELECTRONICS
- BEAUTY PRODUCTS
- MUSIC CD’S
- GOURMET FOODS
- GROCERIES + HEALTH CARE ITEMS
- INDUSTRIAL AND SCIENTIFIC SUPPLIES
- KITCHEN ITEMS
- BABY PRODUCTS
- LAWN AND GARDEN ITEMS
- AUTOMOTIVE ITEMS
- TOYS AND GAMES
- MUSICAL INSTRUMENTS
- Janitorial supplies
COVID-LOCKDOWN HAS HELPED A LOT IN AMAZON’S PERFORMANCE: –
According to the data collected from firm FACTEUS, Between May and July, Amazon’s consumers time has increased to more than 60% of its average before comparing the same time frame last year. Up to 38% of company’s remarkable potential trailed by Walmart with 6% — was under scrutiny well before COVID-19.
The most important thing that has made the company more successful during the pandemic is its size and many layers of its businesses. These things have given it so much leverage over sellers, workers and governments. So, we can conclude that lockdown has increased the company’s dominance way more than before, also threw into higher relief its consequences for other businesses.
Review about Amazon from one of important personalities:
Brandon Fishman who is the CEO of VITACUP (it has vitamin-infused coffee and tea both online and retailed sales) says
‘Some people and even I am one of them-only buy something if it’s on Amazon’ because his company had 35% increase in its Amazon’s sales from March and April data. Vitacup products buyers from Amazon return to the site to buy more.
Some More Details About Famous Site:
Worth: officially worth $1 trillion, joining other tech titans
Profitable: (way more) Yes
Staff: 1125,300(AMAZON COMPANY)
Users: As of the last reported period, It had 310 million active customers.
Headquarters: Seattle, Washington
Competition: Apple, Google, Microsoft, Roku, Walmart
Stock price: AMZN (NASDAQ) US$3,195.34 +10.27 (+0.32%)
27 Nov, 1:00 pm GMT-5 –
Best Amazon Cyber Monday deals: Top deals now
- Amazon Cyber Monday DEAL: save on Fire TVs, Ray-Ban, Fitbit
- Echo Dot (4th Gen): was $49 now $28
- Lenovo IdeaPad 2020: was $399 now $245
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- Amazon Cyber Monday deals
- Amazon: see all Cyber Monday sales
- Audible: only $4.95/month first 6 months
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- Apple Watch SE (GPS/44mm): was $309 now $289
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- Nike: up to $50 off sneakers & hoodies
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- Weighted blankets: deals from $11
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- Xmas trees: up to 55% off