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Amazon (company)
In most countries where Amazon operates, a sales tax or value added tax is uniform throughout the country, and Amazon is obliged to collect it from all customers. Lab, developers of integrated consumer electronics such as the Kindle became a subsidiary in Prime members can take advantage of free two-day shipping on eligible items with no minimum order requirement. Views Read View source View history. Retrieved December 21, Discount is automatically applied at checkout when ordering selected coupon-eligible product. Retrieved June 16,

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The company was founded as a result of what Jeff Bezos called his "regret minimization framework," which described his efforts to fend off any regrets for not participating sooner in the Internet business boom during that time. The domain is still owned by Bezos and still redirects to the retailer. 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. 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. He narrowed the list to what he felt were the five most promising products, which included: 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.

In July , the company began service as an online bookstore. Computer Models of the Fundamental Mechanisms of Thought. It's a book broker. Although this suit was also settled out of court, it caused Amazon to implement internal restrictions and the reassignment of the former Walmart executives.

In , Amazon first attempted to enter the publishing business by buying a defunct imprint , "Weathervane", and publishing some books "selected with no apparent thought", according to The New Yorker.

The imprint quickly vanished again, and as of Amazon representatives said that they had never heard of it. Since June 19, , Amazon's logotype has featured a curved arrow leading from A to Z, representing that the company carries every product from A to Z, with the arrow shaped like a smile. 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 This profit margin , though extremely modest, proved to skeptics that Bezos' unconventional business model could succeed. In , Amazon had 30, full-time employees in the USA, and by the end of , it had , employees.

This sentiment was heightened by the fact that the announcement coincided with Walmart's purchase of men's apparel company Bonobos. In September , Amazon announced plans to locate a second headquarters in a metropolitan area with at least a million people.

At the end of , Amazon had over , employees worldwide. According to an August 8, story in Bloomberg Businessweek , Amazon has about a 5 percent share of U. The forecast is for Amazon to own 49 percent of the total American online spending in , with two-thirds of Amazon's revenue coming from the U.

Amazon launched the last-mile delivery program and ordered 20, Mercedes-Benz Sprinter Vans for the service in September On January 22, , Amazon Go , a store that uses cameras and sensors to detect items that a shopper grabs off shelves and automatically charges a shopper's Amazon account, was opened to the general public in Seattle.

The company has also invested in a number of growing firms, both in the United States and Internationally. As of May [update] , the board of directors is: Until June 30, , typing ToysRUs. On October 18, , Amazon. In November , Amazon. The service, included in Amazon's standard shipping rates, initiated in metropolitan areas of Los Angeles and New York due to the high-volume and inability to deliver timely, with plans to expand into Dallas , Houston , New Orleans and Phoenix by In July , Amazon.

In June , Nike confirmed a partnership with Amazon, stating it to be in an initial phase where they'll be selling goods on Amazon. As of October 11, , AmazonFresh sells a range of Booths branded products for home delivery in selected areas.

Amazon is now gearing up in India to play a role in the grocery retail sector aimed at delivering customer needs. Amazon owns over 40 subsidiaries, including Zappos , Shopbop , Diapers. Audible sells digital audiobooks , radio and TV programs and audio versions of magazines and newspapers.

Through its production arm, Audible Studios, Audible has also become the world's largest producer of downloadable audiobooks. The deal closed in March and Audible became a subsidiary of Amazon. Amazon is also building out its logistics in trucking and air freight to potentially compete with UPS and FedEx. In , Brilliance Audio invented a technique for recording twice as much on the same cassette. ComiXology is a cloud -based digital comics platform with over million comic downloads as of September It offers a selection of more than 40, comic books and graphic novels across Android, iOS, Fire OS and Windows 8 devices and over a web browser.

Amazon bought the company in April CreateSpace, which offers self-publishing services for independent content creators, publishers, film studios and music labels became a subsidiary in Goodreads is a " social cataloging " website founded in December and launched in January 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 , the site had over , members and over 10 million books had been added.

Amazon bought the company in March Lab, developers of integrated consumer electronics such as the Kindle became a subsidiary in Shelfari was a social cataloging website for books. Shelfari users built virtual bookshelves of the titles which they owned or had read and they could rate, review, tag and discuss their books.

Users could also create groups that other members could join, create discussions and talk about books, or other topics. Recommendations could be sent to friends on the site for what books to read. Amazon bought the company in August Twitch is a live streaming platform for video, primarily oriented towards video gaming content. The service was first established as a spin-off of a general-interest streaming service known as Justin.

Its prominence was eclipsed by that of Twitch, and Justin. The site's rapid growth had been boosted primarily by the prominence of major esports competitions on the service, leading GameSpot senior esports editor Rod Breslau to have described the service as "the ESPN of esports".

Whole Foods Market is an American supermarket chain exclusively featuring foods without artificial preservatives, colors, flavors, sweeteners, and hydrogenated fats. On August 23, , it was reported that the Federal Trade Commission approved the merger between Amazon.

Junglee is a former online shopping service provided by Amazon that enabled customers to search for products from online and offline retailers in India. Junglee started off as a virtual database that was used to extract information off the internet and deliver it to enterprise applications.

As it progressed, Junglee started to use its database technology to create a single window marketplace on the internet by making every item from every supplier available for purchase. Web shoppers could locate, compare and transact millions of products from across the Internet shopping mall through one window. Amazon acquired Junglee in , and the website Junglee. It curated and enabled searching for a diverse variety of products such as clothing, electronics, toys, jewelry and video games, among others, across thousands of online and offline sellers.

Millions of products are browse-able, whereby the client selects a price, and then they are directed to a seller. In November , Amazon closed down Junglee. Results generated by Amazon's search engine are partly determined by promotional fees.

Amazon's localized storefronts, which differ in selection and prices, are differentiated by top-level domain and country code:.

Amazon allows users to submit reviews to the web page of each product. Reviewers must rate the product on a rating scale from one to five stars. Amazon provides a badging option for reviewers which indicate the real name of the reviewer based on confirmation of a credit card account or which indicate that the reviewer is one of the top reviewers by popularity.

Customers may comment or vote on the reviews, indicating whether they found a review helpful to them. If a review is given enough "helpful" hits, it appears on the front page of the product. In , Amazon was reported as being the largest single source of Internet consumer reviews.

When publishers asked Bezos why Amazon would publish negative reviews, he defended the practice by claiming that Amazon. There have been cases of positive reviews being written and posted by public relations companies on behalf of their clients [] and instances of writers using pseudonyms to leave negative reviews of their rivals' works.

Amazon has cooperated with around publishers to allow users to perform these searches. To avoid copyright violations, Amazon does not return the computer-readable text of the book.

Instead, it returns a picture of the matching page, instructs the web browser to disable printing and puts limits on the number of pages in a book a single user can access. Additionally, customers can purchase online access to some of the same books via the "Amazon Upgrade" program. Worldwide, Amazon has "over , members" in its affiliate programs. Unlike eBay , Amazon sellers do not have to maintain separate payment accounts; all payments are handled by Amazon.

A new affiliate product, aStore, allows Associates to embed a subset of Amazon products within another website, or linked to another website. In June , Amazon Seller Product Suggestions was launched rumored to be internally called "Project Genesis" to provide more transparency to sellers by recommending specific products to third-party sellers to sell on Amazon. Products suggested are based on customers' browsing history. The Amazon sales rank ASR provides an indication of the popularity of a product sold on any Amazon locale.

It is a relative indicator of popularity that is updated hourly. Effectively, it is a "best sellers list" for the millions of products stocked by Amazon. In particular, products that experience large jumps up or down in their sales ranks may be included within Amazon's lists of "movers and shakers"; such a listing provides additional exposure that might lead to an increase in sales.

However, Amazon has now begun to release point of sale data via the Nielsen BookScan service to verified authors. Some companies have analyzed Amazon sales data to generate sales estimates based on the ASR, [] though Amazon states:.

Please keep in mind that our sales rank figures are simply meant to be a guide of general interest for the customer and not definitive sales information for publishers—we assume you have this information regularly from your distribution sources. Amazon runs data centers for its online services and owns generators or purchases electricity corresponding to its consumption, mostly renewable energy.

The wind farm was built and began operating in December despite opposition from President Trump and some North Carolina Republican legislators. Amazon records data on customer buyer behavior which enables them to offer or recommend to an individual specific item or bundles of items based upon preferences demonstrated through purchases or items visited. On May 5, , Amazon unveiled a partnership with Twitter. Twitter users can link their accounts to an Amazon account and automatically add items to their shopping carts by responding to any tweet with an Amazon product link bearing the hashtag AmazonCart.

This allows customers to never leave their Twitter feed and the product is waiting for them when they go to the Amazon website. 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. Some other large e-commerce sellers use Amazon to sell their products in addition to selling them through their own websites. The sales are processed through Amazon. Small sellers of used and new goods go to Amazon Marketplace to offer goods at a fixed price.

These are members or entities that advertise goods on Amazon who order these goods direct from other competing websites but usually from other Amazon members.

These meta sellers may have millions of products listed, have large transaction numbers and are grouped alongside other less prolific members giving them credibility as just someone who has been in business for a long time. As Amazon increases their dominance in the marketplace these drop shippers have become more and more commonplace in recent years. In November , Amazon opened its first physical bookstore location. The store is 5, square feet and prices for all products match those on its website.

Since its founding, the company has attracted criticism and controversy from multiple sources over its actions. In December , Amazon faced a backlash from small businesses for running a one-day deal to promote its new Price Check app. One effort to squeeze the most vulnerable book publishers was known within the company as the Gazelle Project, after Bezos suggested, according to Brad Stone , "that Amazon should approach these small publishers the way a cheetah would pursue a sickly gazelle.

In the suit, Apple provided evidence that Amazon was selling these counterfeit Apple products and advertising them as genuine. Amazon was sourcing and selling items without properly determining if they are genuine. Amazon state sales tax collection policy has changed over the years since it did not collect any sales taxes in its early years. In most countries where Amazon operates, a sales tax or value added tax is uniform throughout the country, and Amazon is obliged to collect it from all customers.

Proponents of forcing Amazon. 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.

Loading-bay doors were not opened to allow in fresh air, due to the company's concerns over theft. Some workers, "pickers", who travel the building with a trolley and a handheld scanner "picking" customer orders can walk up to 15 miles during their workday and if they fall behind on their targets, they can be reprimanded. The handheld scanners give real-time information to the employee on how fast or slowly they are working; the scanners also serve to allow Team Leads and Area Managers to track the specific locations of employees and how much "idle time" they gain when not working.

The report highlights the behavior of some of the security guards, themselves being employed by a third party company, who apparently either had a neo-Nazi background or deliberately dressed in neo-Nazi apparel and who were intimidating foreign and temporary female workers at its distribution centers.

The third party security company involved was delisted by Amazon as a business contact shortly after that report. In March , 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.

A front-page article in The New York Times profiled several former Amazon employees [] who together described a "bruising" workplace culture in which workers with illness or other personal crises were pushed out or unfairly evaluated.

In an effort to boost employee morale, on November 2, , Amazon announced that it would be extending six weeks of paid leave for new mothers and fathers.

This change includes birth parents and adoptive parents and can be applied in conjunction with existing maternity leave and medical leave for new mothers. In May , Amazon threatened the Seattle City Council over an employee head tax proposal that would've funded houselessness services and low-income housing.

Although originally passed, the measure was soon repealed after an expensive repeal campaign spearheaded by Amazon. While Amazon has publicly opposed secret government surveillance, as revealed by Freedom of Information Act requests it has supplied facial recognition support to law enforcement in the form of the "Rekognition" technology and consulting services. Amazon offered to connect Washington County with other Amazon government customers interested in Rekognition and a body camera manufacturer.

These ventures are opposed by a coalition of civil rights groups with concern that they could lead to expansion of surveillance and be prone to abuse. Specifically, it could automate the identification and tracking of anyone, particularly in the context of potential police body camera integration.

Amazon lobbies the United States federal government and state governments on issues such as the enforcement of sales taxes on online sales, transportation safety, privacy and data protection and intellectual property. According to regulatory filings, Amazon. A number of companies have been started and founded by former Amazon employees. From Wikipedia, the free encyclopedia.

American electronic commerce and cloud computing company. List of mergers and acquisitions by Amazon. Seattle portal Internet portal Companies portal. Retrieved July 31, Archived from the original on July 14, If you only watch certain shows and like to just binge them when all episodes are available, it might make sense for you to go with the month-to-month option, though.

So how do you watch Amazon TV shows and other video content? Free up space on your devices by uploading files to Amazon Drive. The mobile app makes it especially easy to backup photos, videos and more, instantly decluttering your phone. Amazon Prime comes with unlimited photo storage and 5GB of free, accessible storage for videos, documents etc. What's more, you can share your photos and videos with up to five people using Prime Photos Family Vault. You can also configure the app to automatically add all your photos and videos to the cloud.

That way, in case you lose your phone or accidentally delete a picture, you have it backed up. Amazon Drive's platform also doubles as a photo printing service. Amazon Prints , similar to Shutterfly or Snapfish, can print single photos, photo books, calendars and the like.

Bookworms will be right at home with Amazon Prime Reading. Membership includes unlimited access to more than a thousand books, audiobooks, magazines, comics and more, which you can access on multiple devices. You can also borrow titles via your Fire tablet, Kindle or Kindle reading app.

US Prime members can get one free editor's pick download each month in a kindle format. The added bonus is you get to download these books before their publication date.

There are hundreds of thousands of titles available, and even though you're technically "loaning" them, there's no due date for returning them. As long as you're a Prime member you can keep a borrowed book on your e-reader indefinitely, but you can only borrow one book at a time. To borrow a book, simply go to the Kindle Store on your Kindle and look up the book you want, then click "borrow for free. This includes original audio series, popular audiobooks and more. Simply download the free app and you're good to go.

The discount only applies to pre-orders for physical games shipped and sold by Amazon. Special editions, bundles, re-releases, and re-masters are excluded from this perk.

Sync it up with Amazon Prime and cash in on free in-game content, exclusive discounts and other gaming perks with Twitch Prime. Prime members have a leg up when it comes to Amazon's Lightning Deals. Thanks to Prime Early Access , you can shop these top deals half an hour before they're open to non-Prime members. As a Prime member, you get 12 months of free digital access to the Washington Post. You can also opt for a monthly subscription that starts off with the first six months free.

Sign up for a free trial here. Amazon heavily touts Prime Day , which takes place every July, as its biggest shopping event of the year. It's exclusive to Prime members and offers up a variety of deals. In some cases, you can snag discounts that surpass Black Friday and Cyber Monday -- if you know where to look. You can also expect regular coupons and discounts on baby food, clothing, toys and games, groceries and more, all tailored to your family profile.

The program, which you can try free for 30 days, is currently available in Northern and Southern California, New York, Seattle and Philadelphia. Is it a Good Deal? This Prime program offers unlimited access to tens of thousands of popular kid-friendly shows, movies, games, apps and books via Kindle eReaders, Fire TV and Fire Tablets.

Click here to sign up for a free day trial to Amazon Prime. Slickdeals All Stores Amazon. The Lightning Deals page features discounts on certain products for just a few hours. Take advantage of this Back to School deal at Amazon Fresh! Did this coupon work for you? Top Rated Deals by the Slickdeals Community. See site for more details. In addition, receive free 2-day shipping on qualifying orders.

Just use this Amazon promo code to apply this discount to your order. Discount automatically applied to qualifying items. Recent Amazon Blog Posts. Apply coupon code at checkout. Amazon Prime members only. Promo code offered for a limited time only. Enter Amazon Restaurant coupon code at checkout. Excludes Daily Dash, digital content, alcohol, and Alexa orders. Limited time offer - select Amazon coupons such as this are only available to Amazon Prime members only.

Single use Amazon coupon code. Credit applied to account after gift card purchase. Click-through for more terms and exclusions. Discount applied automatically in cart for a Prime Member's first subscribe and save order on dog or cat food.

Some restrictions apply - see site for full terms and details. Qualifying items must be sold and shipped by Amazon. Discount is automatically applied at checkout when ordering selected coupon-eligible product. Coupon options change often according to your available selections.

Discount applied automatically in cart for qualifying American Express cardholder item orders when using points. Enter code at checkout. One redemption per customer only. Published August 6, Home Depot 50 Coupons. Copyright - IE11 users, we love you!

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