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Amazon.com’s Popularity and Users Forecasting Essay

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Updated: Jul 20th, 2021

Introduction

Amazon.com is an electronic commerce company. It is the largest online retailer as far as the US market is concerned. The company was founded in 1994 by Jeff Bezos but it went online in 1995 (Beaumont 11). It should be known that the company was initially known as Cadabra, Inc. The current name (Amazon.com) was inspired by the Amazon River which is one of the largest rivers in the world. From a broad perspective, the name implies a large company.

Because the name starts with an A, the founder knew that it will always show at the beginning of alphabetical lists. The company initially started as an online bookstore but it has been diversifying to sell other products like CDs, MP3s, electronics, and others. It started issuing its shares to the public in 1997 (Spector 12). The company has been profitable as time goes by and this is good news based on the internet bubble. Amazon.com has revenues of US$ 34.2 billion and it employs 33,700 people (Beaumont 21).

Discussion

It should be known that Amazon.com has an active website and this is because it is an online company. In this case, there are various pros and cons of using its webpage. We have a large number of pros that can be evaluated. It is easy to get started on the Amazons webpage (Spector 37). This is because it has a large number of products and anyone can be incorporated. It should be known that the website provides step by step instructions on how to go about various aspects. This is because Amazon stands out as the most widely used online store in the world.

From a broad perspective, the webpage allows different users to submit their reviews. Amazon.com allows an individual to open up to more than 100 stores and this is good (Spector 24). In this case, a user can be able to sell some product units as time goes by. People can later link this website to their blogs. The webpage offers a huge selection of products and this allows individuals to even sell ads and banners. Wholesomely, Amazon has a lot of opportunities that can be seized by a wide range of users.

It should also be known that Amazon.com has cons that need to be evaluated as far as using its webpage is concerned. The website offers a low referral fee for those who might wish to make a sale. Amazons webpage has been bashed because it only offers a one-day cookie. This can be termed as an unfair deal especially for those who want to make money (Beaumont 41). Responses to using Amazon’s website have not been fully taken care of and this is an aspect that needs to be looked at for sustainability.

Conclusion

Many people use Amazon.com and it has been projected that the website has 615 million users. This means that various reasons might compel people to use Amazon.com. Most users prefer Amazon.com because it is the most convenient way of shopping around for various products (Beaumont 19). It has been proven that Amazon leads the industry in media sales and books and this might be the reason why many people find it easy (to use it). The webpage offers various individuals an opportunity to make money online and this is a good reason to visit Amazon.

Works Cited

Beaumont, Claudine. Amazon removes ‘paedophile guide’ from Kindle store. London: The Telegraph, 2010. Print.

Spector, Robert. amazon.com – Get Big Fast: Inside the Revolutionary Business Model That Changed the World. New York: Harper Collins Publishers, 2000. Print.

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IvyPanda. (2021, July 20). Amazon.com's Popularity and Users Forecasting. https://ivypanda.com/essays/amazoncoms-popularity-and-users-forecasting/

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"Amazon.com's Popularity and Users Forecasting." IvyPanda, 20 July 2021, ivypanda.com/essays/amazoncoms-popularity-and-users-forecasting/.

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IvyPanda. "Amazon.com's Popularity and Users Forecasting." July 20, 2021. https://ivypanda.com/essays/amazoncoms-popularity-and-users-forecasting/.

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IvyPanda. 2021. "Amazon.com's Popularity and Users Forecasting." July 20, 2021. https://ivypanda.com/essays/amazoncoms-popularity-and-users-forecasting/.

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IvyPanda. (2021) 'Amazon.com's Popularity and Users Forecasting'. 20 July.

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