Amazon.com Company Essay

virago.com is an e-commerce confederation based in Seattle, Washington. Founded by Jeff Bezos in 1994, virago was one of the first companies to sell goods on the cyberspace. afterward it launches, it has been the intumescentst retailer on the worldwide web with its prodigal growths. virago is classified as Consumer Discretionary empyrean and excessively Internet retail industry which sells a great range of items from books to consumer electronics to home and garden productions. Today, virago, flat became one of Fortune 500 comp each, was ranked thirty-fifth among the largest U.S corporation. The comp whatevers management team consisted of Jeff Bezos who is chairman of the Board of virago.com and also Chief Executive ships officer, and an eight-member placard of directors. virago.com started its business with only a unit of book. Jeff Bezos persistent to sell books for first on his website with some peculiar(a) reasons. In 1994, when he started virago.com, customers de pendability on e-commerce was rather lower, so people utilize to be afraid of getting delivered wrong products from internet purchases.Therefore, people used to keep aloof from buying products online. Considered this, Jeff Bezos selected books that people could be guaranteed kindred quality of product regardless of where they purchase. One more interesting most virago.com is that it launched in 1994, alone the actual transaction happened a year after, in 1995. They established databases of enormous tally of books and convenient purchasing go for a year. In result, Amazon.com was able to carry more than 110 M kinds of book. Amazon.com has brought $ 74,452M gross which is an increase of 17.9% from 2012. Amazon.com controlled $32.555M in 2012 and $40.159 in 2013. It also salary $274 M which is an increase of 114% from 2012. In 2013, their congeries cost of goods sold was $18.806 M and gross markup reached to 27.2%.By introducing 2 new product categories every year for virtual ly a decade, its commercialize share represents one troika of U.S e-commerce gross sales.Amazon.com is often referred as The Everything Store. As we can post horse from its minute name, Amazon.com carries every items that web retailer could sell. Its gratuity trine business units are including books, electronics and Toy & Games. hold in has been one of the bestselling categories of Amazon.com. As demand of e-book is going up, electronic book also has recorded eminent sales (actually, senior high schooler than its book sales). With Its knowledge table for e-book and versatile kinds of books they carry, Amazon not only has competitive profit among its competitors, but also has already been making high sales on them.Another bestselling product of Amazon.com is tablets. Amazon has launched its birth tablet Fire HD which has similar feathers and its own OS but price is much cheaper than any other tablets currently selling in the market. Currently, Amazon has 5.8 percent shar es and it chief(prenominal)tain in third station following after Apple and Samsung.With its own tablet, Amazon is increasing their market shares on tablets. Amazon already has its own bet on studio to produce depiction games and its own Fire receiver, so that they attracted many a(prenominal) a(prenominal) gamers. Recently, Amazon is planning to take over the video game streaming video platform twitch TV to start their new game business. With so many different products and services, Amazon has a divisional structure. In a divisional structure, different segments for different products and services allow department heads to appropriately revolve about their resources and results, as well as monitor the organizations mathematical operation. This structure is best for such a large organization because it is the most flexible. Amazons organizational structure is comprised of chief executive officer and founder Jeffery Bezos and an eight-member board of directors.The CEO overs ees the Chief Financial Officer, the Chief Technology Officer and the 8 departments Business study, e-Commerce Platform, International Retail, North the States Retail, Web Services, Digital Media, Legal & Secretary, and Kindle. The CFO oversees the solid Estate and Control department. International Retail oversees three separate departments mainland China, Europe and India. North America Retail oversees the following five departments Seller Services, Operations, Toys, Sports & Home Improvement, Amazon Publishing and Music & Video. The Web Services department oversees Amazon S3 and Database Services. Other departments include Product Development & Studios, Europe Operations, global Advertising Sales, Com defineing Services, and Global Customer Fulfillment. 1.3E-businesses are rapidly evolving and intensely competitive. The lead-in competitive factors in its retail businesses include selection, price, and convenience, including steady and reliable fulfillment. Additional competit ive factors for its seller and attempt services include the quality, speed, and reliability of our services and tools. As consider these factors, the two go competitors of Amazon.com are E-bay.inc and Google.com.First, amongst Amazon and Google, the two companies now compete in a wide range of areas such as online advertising, distribution, mobile terminals, deprave computing. Currently, Google is challenging to amazons main businesses which are shipping and shopping. So, Google recently has launched its own shipping service Google Shopping Express which feathers same as like Amazon prime but with cheaper annual membership fees to enhance its competitiveness. Amazon.com also entered to cloud market which Google has strong power on the market to compete. Amazon is expanding the territory of business, so that it is becoming merged IT enterprise like google.Therefore, of the two companies, are evaluate to go over further intensify competition. If we put those groups in comparison by friendship performance, Amazon.com do $ 74,452 M and Google had $59,825M revenues in 2013 which means Amazon.com has more revenue than Google by 19.6%. On the other hands, for the profit and integral asset of companies, Google is in the higher position. Google controls $110,920M of total asset, art object Amazon controls $40,159M. In addition, Google profits $12,920M, while Amazon is a mere $745M. For number of employees, Google has 52,069 employees and Amazon.com has 132,600 employees.Second, between E-bay and Amazon, E-Bay is of all time been pointed out as amazons top competitors. eBay Inc., (stylized as e bay), is an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. E-bay has same feather as it is running retail business with Amazon.com, but at that place is critical difference in that e-bay has auction-style sales. When we look at E-bays company performance, it has less revenue which is $16,0 47M than any its competitors referred above. However, it controls $41,488M which is rangyger than amazon has for their total asset. Also, E-bay profits $2,856M in 2013, while Amazon.com did $274M, meaning E-bay made 10times more profits than Amazon.com. E-bay has made 33,500 employees.Alibaba which is noticed as a big foreign competitor of Amazon is a company founded in china. Alibabas consumer-to-consumer portal Taobao, similar to eBay, features close to a billion products and is one of the 20 most-visited websites globally. The aggroups websites accounted for over 60% of theparcels delivered in China by March 2013, and 80% of the nations online sales by September 2014. Alipay, an online payment escrow service, accounts for somewhat half of all online payment transactions deep down China. Chinas huge trading merchant Ali Babas company value has estimated as $215 billion dollars by IPO. This is astounding figure which is higher than Amazon and e-bay combined and also because o ther its competitors such as Google and Amazon.com have made better sales than Ali Baba. Investors focus on its high profit and fast growth. Also, it possesses many its stores in china and it has still a high potential for growth within China.Amazon.com,10K, 2013Emil Protalinski IDC Apples iPad fell to 33.8% tablet share in Q4 2013, Samsung took second with 18.8%, Amazon third with 7.6% from TNW blog. Google.com/finance (income statement, annual data)www.Amazon.com/ investor sexual relation (Annual Reports and Proxies and officer and directors) Ryan mac Amazon Pounces On flip out After Google Balks Due To Antitrust Concerns on Forbes http//en.wikipedia.org/wiki/Alibaba_Group(Amazon.com main monetary performance for 2013) from google finance(E-bay main financial performance for 2013) from google finance(Google.com main financial performance for 2013) from google finance