Amazon.com, Inc., doing business as Amazon (/ˈæməˌzɒn/), is an American electronic commerce and cloud computing company based in Seattle, Washington, that was founded by Jeff Bezos on July 5, 1994. The tech giant is the largest Internet retailer in the world as measured by revenue and market capitalization, and second largest after Alibaba Group in terms of total sales. The Amazon.com website started as an online bookstore and later diversified to sell video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, software, video games, electronics, apparel, furniture, food, toys, and jewelry. The company also owns a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, produces consumer electronics lines including Kindle e-readers, Fire tablets, Fire TV, and Echo devices, and is the world's largest provider of cloud infrastructure services (IaaS and PaaS) through its AWS subsidiary. Amazon also sells certain low-end products under its in-house brand AmazonBasics.
After reading a report about the future of the Internet that projected annual web commerce growth at 2,300%, Bezos created a list of 20 products that could be marketed online. He narrowed the list to what he felt were the five most promising products, which included: compact discs, computer hardware, computer software, videos, and books. Bezos finally decided that his new business would sell books online, due to the large worldwide demand for literature, the low price points for books, along with the huge number of titles available in print. Amazon was founded in the garage of Bezos' rented home in Bellevue, Washington. Bezos' parents invested almost $250,000 in the start-up.
According to sources, Amazon did not expect to make a profit for four to five years. This comparatively slow growth caused stockholders to complain that the company was not reaching profitability fast enough to justify their investment or even survive in the long-term. The dot-com bubble burst at the start of the 21st century and destroyed many e-companies in the process, but Amazon survived and moved forward beyond the tech crash to become a huge player in online sales. The company finally turned its first profit in the fourth quarter of 2001: $5 million (i.e., 1¢ per share), on revenues of more than $1 billion. This profit margin, though extremely modest, proved to skeptics that Bezos' unconventional business model could succeed.
Hydration is key. That's why I always make sure I have a water bottle on me. This one from Brita is the best affordable water bottle we've ever tested because it has an in-bottle filter to remove flavors and odors in the water and it has a soft squeeze, making it easy to drink from while walking or hiking. Right now, it's at one of its lowest pricing, so it's a good option to throw in a backpack or work bag.
Does anyone really like vacuuming? Sure it gets your home clean, but it's so tedious to do it every day, just to clean it again tomorrow. Thankfully, robot vacuums exist to do the dirty work for you, so you don't have to. After testing the Ecovacs Deebot N79, we found that it had above average pickup and rarely gets stuck, but it did take a bit of time to clean. Right now, you can get the upgraded Ecovacs Deebot N79S, which has Alexa connectivity and slightly enhanced cleaning, for $30 off if you click the little coupon box below the price tag.
We love the Arlo range of home security cameras, but there are two big problems we have with them. First, they’re really expensive. Second you have to deal with the hassle of recharging the batteries every two to three months. If you want something comparable that’s way less expensive and that has battery life that Arlo cameras couldn’t even dream of, today is your lucky day. Amazon is offering discounts on both the Blink Indoor Home Security Camera System and the upgraded weatherproof Blink XT Home Security Camera System. They’re all available at their lowest prices yet, but these deals probably won’t last long.
Prime membership will set you back $12.99/£7.99 per month ($6.49 if you're a student) or $119/£79 annually. But if you're not a Prime subscriber already and don't want to commit, you can sign up for a free 30-day Amazon Prime trial and you'll be eligible for Lightening deals (as well as all the other Prime benefits). You can then cancel any time within that 30 days with no strings attached. Just don’t sign up yet – wait until 1st November.
Amazon has attracted widespread criticism for poor working conditions by both current employees, who refer to themselves as Amazonians, and former employees, as well as the media and politicians. In 2011, it was publicized that at the Breinigsville, Pennsylvania warehouse, workers had to carry out work in 100 °F (38 °C) heat, resulting in employees becoming extremely uncomfortable and suffering from dehydration and collapse. Loading-bay doors were not opened to allow in fresh air, due to the company's concerns over theft. Amazon's initial response was to pay for an ambulance to sit outside on call to cart away overheated employees. The company eventually installed air conditioning at the warehouse.
One of the least-known and best perks of Amazon is that you can use your leftover boxes to ship donations to local charities for free. Just go to GiveBackBox.com, click on the logo of the participating company you have a box sitting around from (like Amazon), type in your zip code and email address, and you'll get a prepaid shipping label emailed to you. After you've filled the leftover box with your donations, attach the label and schedule a UPS pickup. It won't cost you anything, and it's an easy and 'green' solution.
Gimme Shopping Australia is a great Australian price comparison website that allows customers to find the best product prices online. Store owners can choose to have their products listed on the platform for free. They pride themselves in being an ad free platform to avoid biasing their customers. The platform can help store owners drive more traffic to their online stores. However, you will need to pay a commission for traffic that leads to sales.
Win Pearl offers this 10.5mm AAA- Black Freshwater Pearl 52" Rope Necklace for $299.99. Coupon code "dealnews211" cuts that to $84.99. With free shipping, that's tied with last month's mention, $365 off list, and the lowest price we could find. It features 9.5mm to 10.5mm grade AAA- round pearls, with hand-knotting between each pearl. Deal ends November 7.
CheapCaribbean via ShermansTravel offers an All-Inclusive Riu Guanacaste 4-Night Flight and Hotel Vacation for Two in Guanacaste, Costa Rica, with prices starting at $1,549.92. That's the lowest price we could find by at least $26. This price is based on departure from New York, NY, (LGA) with arrival in Liberia, Costa Rica, (LIR) on December 2; other departure cities are available for an additional cost. This 4-star hotel has an Expedia rating of 76% based on 1,693 reviews. Book this travel deal by November 11 for travel from November 9 through December 23.
One of the pleasures of online shopping is the ease of comparison browsing. With the online-business boom, however, there are now thousands of new stores, and a lot of confusion. Not all Web stores are equal, and hours can be lost--in the pursuit of saving time--perusing Web sites that provide scanty information or complicated procedures or both. And some Web sites turn out to be mere catalog pages and don't allow you to order at all.
In March 2015, it was reported in The Verge that Amazon will be removing non-compete clauses of 18 months in length from its US employment contracts for hourly-paid workers, after criticism that it was acting unreasonably in preventing such employees from finding other work. Even short-term temporary workers have to sign contracts that prohibit them from working at any company where they would "directly or indirectly" support any good or service that competes with those they helped support at Amazon, for 18 months after leaving Amazon, even if they are fired or made redundant.
Leelbox via Amazon offers the Leelbox 1,200-amp Car Jump Starter / Power Bank for $89.99. Coupon code "85MRGJ79" cuts the price to $39.99. With free shipping, that's $5 under our mention from earlier in the month and the lowest price we've seen. It features two USB 3.0 outputs, an integrated LED flashlight, and anti-reverse protection. Deal ends October 31.
Cheap TVs - As previously mentioned, both Amazon and Best Buy are going to have some really cheap TVs for Black Friday this year. Amazon will have more off-brand models, while Best Buy will feature premium brands. Expect Amazon to feature another off-brand 32-inch TV for $69.99 and I expect Best Buy will offer a 50-Inch 4K TV for $169.99 and 55-inch 4K TV for $219.99 - both from decent brands.
Provide your child with a fun and safe playing experience with this Amazon Fire 7 Kids Edition tablet. Vivid display Powerful quad-core processor More than 400,000 apps available Kid-proof case gives parents peace of mind and kids freedom to play Long battery life Easy-to-use parental controls allow parents to personalize screen time limits, set educational goals, filter age-appropriate content, and also manage web browsing and content usage Supports up to four child profiles One year of Amazon FreeTime Unlimited to give your kids access to kid-friendly content What's Included Fire tablet USB 2.0 cable 5W power adapter 8.7H x 5.5W x 0.1D Weight: 0.9 lbs. Rechargeable lithium ion battery Battery life: up to 8 hrs. Display size: 7-in. Display resolution: 1024x600 Operating system: FireOS... Less
What’s great is the ability to search for exactly what you want instead of wasting your time scrolling through a list of deals. You can also search by category. Each one has a separate webpage with multiple tabs - including tabs listing special offers, coupons and markdowns taken off the already discounted outlet price! Just keep in mind, this may not be the best the price on Amazon. A search for digital cameras pulled up good deals on both Amazon and Amazon Outlet.
Goodreads is a "social cataloging" website founded in December 2006 and launched in January 2007 by Otis Chandler, a software engineer, and entrepreneur, and Elizabeth Chandler. The website allows individuals to freely search Goodreads' extensive user-populated database of books, annotations, and reviews. Users can sign up and register books to generate library catalogs and reading lists. They can also create their own groups of book suggestions and discussions. In December 2007, the site had over 650,000 members and over 10 million books had been added. Amazon bought the company in March 2013.
Featuring bold and exotic animal prints, this black and white Amazon Bedding Comforter Set will make a dramatic statement in your bedroom. Zebra stripes are all the rage, and when complemented by cheetah and leopard prints, the ideal bedroom safari ensemble comes together. This Amazon Comforter Set comes with a fashion comforter, two shams, a bed skirt and three decorative pillows to complete the look. The solid centers of the pillow shams set the stage for the contrasting decorative throw pillows. The contrasting black-and-white patterns of this fun 7-piece Comforter Set enhance the mood. This ultra-warm comforter set is manufactured with 100-percent polyester fill and is easy to keep clean. This set is available in Queen, California King and King sizes. Set Includes: One (1) comforter,... Less
With the release of the new iPhones, Apple fans are rushing to preorder the latest smartphone. They're high end, flashy, and have wireless charging capabilities, which is pretty nifty. But if you already have the iPhone 8 or X or certain Android phones, you can already take advantage of this function—and you should. Right now, Anker is offering 10% off select wireless chargers with the code "10WIRELESS" and some have additional coupon codes that make it easy to start wireless charging immediately.
Amazon employs a multi-level e-commerce strategy. Amazon started by focusing on business-to-consumer relationships between itself and its customers and business-to-business relationships between itself and its suppliers and then moved to facilitate customer-to-customer with the Amazon marketplace which acts as an intermediary to facilitate transactions. The company lets anyone sell nearly anything using its platform. In addition to an affiliate program that lets anyone post-Amazon links and earn a commission on click-through sales, there is now a program which lets those affiliates build entire websites based on Amazon's platform.
Bezos selected the name Amazon by looking through the dictionary; he settled on "Amazon" because it was a place that was "exotic and different", just as he had envisioned for his Internet enterprise. The Amazon River, he noted, was the biggest river in the world, and he planned to make his store the biggest bookstore in the world. Additionally, a name that began with "A" was preferential due to the probability it would occur at the top of an alphabetized list. Bezos placed a premium on his head start in building a brand and told a reporter, "There's nothing about our model that can't be copied over time. But you know, McDonald's got copied. And it's still built a huge, multibillion-dollar company. A lot of it comes down to the brand name. Brand names are more important online than they are in the physical world."
As a reader discovered, BJ's Wholesale Club offers the Dyson V6 Animal Bagless Cordless Stick Vacuum in Slate Grey for $199.99 with free shipping. That's tied with last month's mention as the best price we've ever seen for a new unit. (It's a current low by $79.) It features a Dyson digital V6 motor, and includes a mini motorized tool, mini soft dusting brush, docking station, combination tool, and crevice tool.
Your customers are always looking to score the best deal. They’ll use price comparison apps and websites to find the best price for the product they’re looking to buy. With countless price comparison websites on the market, it’s never been easier for your customer to find the best prices around. As an online retailer, you can learn to master the art of product pricing by analyzing how your competitors price their products. In this article, you’ll find the best price comparison websites and apps on the market.
Start planning for the holidays early w/ this interactive Chewbacca toy that features 100+ sound & motion combinations. Currently, Target has listing for $109.99 but enter your promo code & it drops to just $82 w/ free shipping *text TOY to 827438 to get a unique coupon code that can be entered in the promo code box online; one-time use. More Info »
In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization. Amazon is the third most valuable public company in the United States (behind Apple and Microsoft), the largest Internet company by revenue in the world, and after Walmart, the second largest employer in the United States. In 2017, Amazon acquired Whole Foods Market for $13.4 billion, which vastly increased Amazon's presence as a brick-and-mortar retailer. The acquisition was interpreted by some as a direct attempt to challenge Walmart's traditional retail stores.