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Amazon, The Company That Ate the World

Amazon, The Company That Ate the World. Josh Peschka Kyli Milender. Earth’s Largest Bookstore. Started in 1994 Goal was to be the largest bookstore Now sells everything Boast great selection, price, and customer service Obtains similar companies. Amazon. Sales to reach $50 billion

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Amazon, The Company That Ate the World

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  1. Amazon, The Company That Ate the World

    Josh Peschka KyliMilender
  2. Earth’s Largest Bookstore Started in 1994 Goal was to be the largest bookstore Now sells everything Boast great selection, price, and customer service Obtains similar companies
  3. Amazon Sales to reach $50 billion Took Wal-Mart 33 years Getting “too big” Cultural backlash Avoiding sales tax Expanding incredibly fast
  4. Making the Kindle Started in 2004 Problems with e-ink Started a new division in Palo Alto Wanted cellular service only Lab126 Chip provider problems
  5. Kindle Sales Based expectations on Ipod Sales Exceeded expectations Led to Kindle Fire Led to rise in e-book explosion
  6. Kindle Fire Amazon sells with low margins Raise prices on media Comes with 30 day trial of Amazon Prime Only 8 Gbs Cloud storage for free
  7. Competitors Green Apple Books going out of business Circuit City, Borders and other out of business ShopRunner created to combat Amazon Prime shipping
  8. Working Conditions Poor working conditions Factory at 120F in summer No free drinks or food Dog are treated better
  9. Sales Tax No physical presence, no sales tax Agreed in California Creating 10,000 jobs $500 million on a new warehouse Collects sales tax in Washington now
  10. Discussion Questions Is Amazon getting too big? Is the Kindle worth the price? Are Kindles a strong threat to the Ipad?
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