List Of Awesome Amazon Company Facts

Amazon Company Facts

Here Are The List Of Awesome Amazon Company Facts:

Some Interesting Amazon Company Facts:

  • JEFF BEZOS WANTED TO CALL THE AMAZON BUSINESS MAKEITSO.COM.
  • THERE’S A GIANT CAVE BEAR IN THE AMAZON CORPORATE LOBBY.
  • AMAZON ONCE CLEANED OUT A TOYS “R” US TO HAVE HOLIDAY INVENTORY.
  • AMAZON’S FASTEST DELIVERY MAY HAVE BEEN 23 MINUTES.
  • THOSE POSITIVE AMAZON REVIEWS MAY NOT BE SINCERE.
  • AMAZON DOESN’T SELL iPhones.
  • AMAZON’S FIRST CUSTOMER GOT A BUILDING NAMED AFTER HIM.
  • AMAZON OFFERS WAREHOUSE TOURS.
  • AMAZON SELLS TINY HOUSES. (Source: Mental Floss)

General Facts About The Amazon Company:

  • Amazon.com, founded inside Jeff Bezos’ garage, is the world’s leading e-commerce company today, with over 20,000 employees and $20 billion annual turnover, internet stores in the US, Canada, Japan, China, and several European countries, with outstanding service and diversification of products. In total trade volume, it consumes about one-third of the world’s goods. The company took the leading positions on the stock exchange and entered into the history of the four companies in the history of which the price of shares crossed $ 1,000 on the American stock exchange. According to today’s data, the price of 1 share is 1162 USD.
  • With Amazon’s new program – Amazon FBA, any individual and/or small entrepreneur can buy or manufacture products and sell it on Amazon, thus earning income in American currency. In Georgia, the Amazon export hub was created, which helps consumers sell products on Amazon. The company offers Georgian citizens an entire training program that will take place in the University of Business and Technology. Levan Molashvili is the first Georgian who accumulated experience in Ukraine and Germany and now he is ready to share his knowledge with anyone.
  • The first item from the billionaire garage – the book was sold in 1995 and it was Fluid Concepts & Creative Analogies.
  • On the Amazon logo, the arrow is directed from a to z, which means that anything can be bought on Amazon.com
  • Amazon created the first electronic book reader Amazon Kindle, which significantly changed the reading of the book and increased the number of amateur readers. The first generation Kindle was released on November 19, 2007, and was sold for $ 399.
  • All employees of Amazon, including Jeff Bezos, work every two days in a 2-day customer service table.
  • The internet store Amazon.com was created on July 5, 1994. Part of the society was quite skeptical, but the company’s growth rate turned out to be pretty fast. In 1999 Amazon was considered the most interesting and wealthy company, while the founder Jeff Bezos was named the Person of the Year by Time magazine. Since then the company has never stopped.
  • In 1994, Jeff Bezos abandoned his job unexpectedly, moved from New York to Fort Worth along with his wife, and then on to left for Bellvue, to build Amazon.com. The first address of the internet-store was Bezos’ garage, and the capital – $300 000 check from his father. (Source: Georgian Journal)

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Amazing Amazon Company Facts:

  • The first book Amazon ever sold was called Fluid Concepts and Creative Analogies by Doug Hofstadter. This complex science book, which explores the mechanisms of intelligence through computer modeling, was sold on April 3, 1995.
  • In Amazon’s early days, a literal bell was rung every single time a new purchase was made through the site. As the company rapidly grew and new sales spiked, though, management had to stop this ritual as the bell was being rung so frequently.
  • One of Amazon’s earliest investors was Bezos’ own parents. Bezos’ folks took out $300,000 from their retirement savings to invest in their ambitious son’s shiny new internet startup. Today the retail giant has revenues exceeding $177 billion dollars. His parents’ investment probably didn’t turn out too bad!
  • Amazon’s early growth as an online book retailer was phenomenal. Within the company’s first month, they had sold a book to people in all 50 US states and in 45 different countries.
  • Bezos was never set on calling his new website Amazon. His first choice for a name was actually “Cadabra,” as in the magician’s phrase, “Abracadabra.” Bezos shied away from the name after being convinced by his lawyer that it sounded too close to “cadaver” when spoken out loud. His second choice for a name was “Relentless.” While he eventually settled on Amazon, the website relentless.com still forwards to Amazon.
  • Amazon’s Kindle, the company’s e-reader that permits users to electronically read books, newspapers, and other digital media, was originally going to be named “Fiona.” The name derived from a character in science fiction writer Neal Stephenson’s book The Diamond Age. This character has a machine, much like the Kindle, that contains electronic version of all libraries and TV shows, etc.
  • Amazon’s “One Click” button that allows consumers to purchase items with only a single click of the mouse is actually a patented and trademarked operation. Apple, who also offers “One Click” purchases to its customers, is doing so through a licensing agreement with Amazon. This means that even while customers are using Apple products, Amazon is getting paid.
  • While Amazon currently hires large numbers of seasonal staff to help out during the holiday season, this was not always the case. In 1998, as the growing retailer hit the holiday season rush, the company soon realized it was significantly understaffed to meet the holiday order backlog. Every Amazon employee had to work graveyard shifts for weeks in order to meet demands. Reportedly, some employees even brought their friends and family to the warehouse to help!
  • In 2006, one temporary Amazon employee truly made himself at home in a company fulfillment center in Kansas. Let me explain. While this employee would show up for work every day and would leave at the end of his shift, management discovered that he curiously never logged any hours. Staff soon found out that this rogue employee had created a makeshift den by tunneling into an enormous pile of empty pallets, and then had used Amazon products to quite literally make himself a home.
  • In 2017, Amazon announced that it planned to spend $5 billion dollars on building a second headquarters for as many as 50,000 employees in a city in North America. Rather than going to a city themselves, Amazon instead had cities clamoring to advertise themselves to the tech behemoth. In early 2018, Amazon announced it had narrowed the list to 20 finalists out of an incredible 238 bids from cities throughout North America. Finalists include Chicago, Miami, Los Angeles, New York, and Toronto. (Source: Factinate)

Few Surprising Facts About Amazon Company:

  • In 1997, Barnes & Noble sued Amazon, alleging that Earth’s Largest Bookstore was a false claim. They eventually settled out of court with Amazon continuing to use their slogan. (MSN)
  • Bezos met his wife, MacKenzie, when he was working at a hedge fund in the nineties. “My office was next door to his, and all day long I listened to that fabulous laugh,” she told Vogue in 2013. “How could you not fall in love with that laugh?” (Entrepreneur)
  • PowerPoint presentations, for instance, are banned by the company. Instead, all meetings begin with a silent, 30-minute reading session about the topic at hand. This is to emphasize critical thinking over oversimplified stats. (Entrepreneur)
  • Amazon launched a Pay to Quit program in 2014. If a worker hands in their resignation, they’ll get $3,000. By 2017, the amount is expected to be $5,000 (£3,320.42; $AU6,897.36). Less than 10% of the first wave of staffers offered the deal took them up on it. (MSN)
  • When the same-day Prime service was launched in Manhattan, New York, the company claims one customer got their item–an Easy-Bake Oven–in a record 23 minutes. (MSN)
  • In late 2015 Amazon reported that it had more than 270 million active customer accounts worldwide and was shipping to more than 75 countries. (MSN)
  • Amazon counts the CIA as one of its customers after it secured a $600 million deal with the agency in 2013 for cloud computing storage, which is part of Amazon Web Services. (MSN)
  • Amazon is focused on providing more of the services that make customer’s lives easier and better. It focuses on selection, price, and convenience (Forbes) (Source: Biznology)

Some Secret Amazon Company Facts That You Must Know:

  • You might be not able to believe this fact but once Amazon made a sale of $ 3 billion for a single CD-ROM. In 2010, Brian Klug ordered this expensive CD-ROM but later on received a notice that the order was unable to process.
  • In October 2009, Susan Boyle broke the Amazon.com by creating a sensation with her released album I Dreamed a Dream.
  • In the initial stage Jeff Bezos, his wife and first-ever employee of Amazon Shel Kaphan used to meet at their own Noble stores to discuss the marketing strategies and the next step to be followed to attract the customer.
  • Can you imagine the loss, the company would suffer from if it has been down for some time? Well, you can’t imagine the loss. The figure is so huge that you may lose your counting. Last year when the server was down for 49 minutes, Amazon suffered a huge loss of $5.7 million.
  • They account for 75% of all online book sales.
  • Amazon makes $48 billion in revenue..
  • Amazon has been said to be not the greatest workplace.
  • Amazon is exempt from collecting sales tax in most states.
  • Amazon will have its own grocery store.
  • Amazon just hit a $250 billion valuation. (Source: Money INC)

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