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Evolution and Impact of Amazon

Amazon started as an online book retailer in 1995 and has since evolved into a global retail giant with annual revenue of $233 billion, offering a wide range of products and services. It has disrupted traditional retailers through innovations like Amazon Prime in 2005, Kindle e-reader in 2007, cloud computing infrastructure and digital content. With over 647,500 employees, Amazon continues to transform retail through new initiatives such as grocery delivery and cashier-less convenience stores.

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Kharthik Narayanan
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331 views6 pages

Evolution and Impact of Amazon

Amazon started as an online book retailer in 1995 and has since evolved into a global retail giant with annual revenue of $233 billion, offering a wide range of products and services. It has disrupted traditional retailers through innovations like Amazon Prime in 2005, Kindle e-reader in 2007, cloud computing infrastructure and digital content. With over 647,500 employees, Amazon continues to transform retail through new initiatives such as grocery delivery and cashier-less convenience stores.

Uploaded by

Kharthik Narayanan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

AMAZON

Summary
■ Introduction
■ Evolution of Amazon
■ Impact on Retailers
■ Reference
Evolution of Amazon

2017, Amazon
retailing Industry

2015 Home
services
2012 Amazon
supply
2006, Unbox
2016, Amazon
2002, Amazon
Inspire &
web series
2014, Echo and Amazon Go
2007, Kindle Prime music store
2005, Amazon
Prime (1)
1995, online
book selling
Impact on Retailers

Digital giant :
• Revenue – $233 billion
• Employees – 647500 (Full &
Part time)
Amazon’s showroom

Eliminating traditional
competitors :
• Barnes & Noble – book store
• Best Buy- electronic chain
References

HARVARD | BUSINESS | SCHOOL 9-514-025 Revision Feb 07 2019- Sunil Gupta &
Margaret L. Rodriguez

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