15 Facts you don’t know about Amazon.
This time we’re here with another company that changes the era of shopping from offline to online. This is not other than the Amazon company and today We’re discussing this company fact and
enlighten you with a good amount of knowledge which can you share with your friends and impress them with all your knowledge regarding this. but there are very few companies that have made as
much of a mark on the digital world as Amazon. Then Jeff Bezos established the online retailer in 1994. When the internet was a very different place their online presence has expanded into cloud
computing film streaming Erie ders and a whole host of new and unique things no one could have foreseen this in 1994 and the corporation has truly paved the way for other companies selling online
Without wasting any further time on Introduction. Let’s begin our blog on 15 Facts you don’t know about Amazon.
Jeff Bezos sold his first book in 1995 on amazon, the rather long-winded fluid concepts
and creative analogies computer models of the fundamental mechanisms of thought
became the first book to be bought on Amazon there were no huge Amazon
warehouses back then so it was packaged and dispatched by Bezos himself. One of the 15 Facts you don’t know about Amazon.
Fiona was the original codename during the Kindles development,
is inspired by a character in Neal Stephenson’s of the diamond age,
a novel about an interactive book appropriately
Every staff member at Amazon spends two days, in every two years working in the customer service department,
even the CEO does it. and it’s all to help staff at all levels and also to understand the customer service process and
the kind of demands that customers are making each day. there is no backing out option.
Amazon’s original business plan didn’t predict any profit for five years.
Vsauce outlined a slow growth that didn’t go down well with impatient stockholders
this was during the dot-com bubble and investors were anxious that it could burst at
any time Amazon turned its first profit in 2001 six years after it was launched.
Number 5 : 15 Facts you don’t know about Amazon
Cadabra was going to be the original name of Amazon. Cadabra, a shortened version of abra ca dabra.
Bezos chooses it originally as the name for his book-selling website, but when he ran it by his lawyer it was vetoed
because he misheard it as cadaver Jesus, then bought a new domain and considered calling the online company relentlessly
but friends told him it sounded too sinister. amazon.com was finally bought in 1995.
Number 6 : 15 Facts you don’t know about Amazon
Amazon went down for 49 minutes in 2013 and they missed out on sales worth 5.7 million dollars.
just in case we weren’t sure how much money Amazon is capable of making each day they had no sales for nearly an hour and lost out on 5.7 million dollars.
wired.com calculated the value of this as the equivalent of 28643 kindle fires and 428,893 pairs of their top-selling men’s boxers
Number 7 : 15 Facts you don’t know about Amazon
PowerPoint presentations are banned at amazon team meetings, instead of a dry presentation
where people sit in silence and listen to someone else’s interpretation of a topic.
all team meetings start with 30 minutes of reading on the topic instead
everyone has their own individual thoughts and it encourages critical thinking
Number 8 : 15 Facts you don’t know about Amazon
Amazon’s warehouses throughout the world are bigger than 700 Madison Square Gardens
in total Amazon’s gargantuan warehouses are where they store their myriad of products
ready for dispatch and understandably they have to be pretty big
there are Amazon warehouses in 13 countries around the world and
staff will walk an average of 10 miles a day while they’re retrieving product
Number 9 :15 Facts you don’t know about Amazon
In the company’s early days they saved money by making desks out of doors that would get cheap doors
and construct desk from them including Jeff Bezos I guess you have to resort to things like that
when you’re not expecting to make a profit for five years the company still encourages the practice and
hand out a door desk award for really creative thrifty ideas
Number 10 : 15 Facts you don’t know about Amazon
Jeff Bezos is a really tough boss tech startups are assumed to be social relaxed places
but Amazon is apparently nothing of the sort Vsauce likes an adversarial atmosphere
regularly forwards customer complaints onto his staff with a probing question mark and then
has been quoted as saying if I hear that idea again I’m going to have to kill myself
Number 11 : 15 Facts you don’t know about Amazon
when Amazon only sold books results would have to source the item after an order came in Amazon’s founder had no space to store all of his stock in the early days
so he would have to trawl secondhand stores and other online book retailers to find them and then ship them out to the customer it’s a far cry from the prime delivery within 60 minutes
Number 12 : 15 Facts you don’t know about Amazon
Barnes & Noble sued Amazon in 1997 for claiming they were Earth’s largest bookstore Barnes & Noble were not pleased about Amazon
monopolizing on their earth’s largest bookstore status not believing they could call themselves a bookstore so they sued them and it was
eventually settled out of court ironically Jeff Bezos his wife and their first Amazon employee used to have meetings in their local burns ennoble when they first started out
Number 13 : 15 Facts you don’t know about Amazon
One of Amazon’s Seattle, site buildings is named after their former office dog Rufus. Yes, Rufus was a permanent fixture in the Amazon office.
And the pet of one of the employees, he attended meetings with his owner became the company’s mascot.
And it’s rumored that whener they launched a new product he had to tap his paw on the keyboard as a good luck charm.
Number 14 : 15 Facts you don’t know about Amazon
On Cyber Monday 2014 Amazon was selling 300 products a second. cyber Monday is probably the biggest online shopping day of the year and
Amazon is the king of it the net worth is now estimated to be 170.5 billion dollars not bad for a company that was open about not making a profit for five years.
Number 15: 15 Facts you don’t know about Amazon
The house in Seattle, that Jeff Bezos founded Amazon from still has an enlarged mailbox. The growing business received so much mail and book catalogs that a normal mailbox just wouldn’t do.
The house sold in 2009 and the buyer apparently had no idea, he owned a piece of internet history like many Internet companies. There’s a lot of mythology surrounding Amazon. its people and its
operations it still fulfills that perfect internet startup narrative though it began was one guy in a garage and now it’s a multi-billion dollar
phenomenon you use Amazon I use Amazon we all use Amazon it’s certainly not going anywhere and it’s selling us more and more from video streaming to new ways to read who could have
foreseen that an online bookseller would become one of the most important websites in the world what would you have on your Amazon wish list
if money was no object are you a traditionalist with a big long reading list or would you want everything with a 4k HD screen oh you’re still here well here’s another amazing fact about Amazon for
you an elderly customer complained to Amazon that she had to wait for her young nephew to open her Amazon packages for her because the boxes were too tough for her to open in response Jeff Bezos had a new design rolled out.
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