Intro to Amozon

Over the past ten years, we have watched online stores come and gone , many people laugh when a new one is introduced. Amazon.com isn't one of those companies. It is one of the largest Internet sellers of media in the world today, and has expanded its selections to include clothing, beauty products, house wares, and thousands of other items from its originally bookstore start . A guy name Jeff Bezos founded Amazon.com in 1994.The company was based off old items in his Bellevue, Washington home. A businessman name Nick Hanauer believed in Bezos’ dream and decided to invest $40,000 into this then very small project . Amazon.com creators first decided to go online it wasn't as high tech as it is today. The site was very boring and not appealing at all to visiting customers. The site was in need of some real help. Tom Alburg invested $100,000 in Amazon in 1995,which helped the company fund a better looking website reeling in customers all over the country, not just Mr. Bezos home state. By 1997, Amazon.com had generated $15.7 million in revenue. At the end of 1999, Amazon made over a billion dollars in sales. It appeared the overall turnover would in no way come to an end . In 2001, a lost appeared for Amazon , they reported a fiscal loss of $1.4 billion. Mr.Bezos had an idea to make a comeback : enlist companies such as Target, Toys R Us, Old Navy to sell their products online through Amazon .com . With this idea not only would Amazon.com benefit but also the other companies that participated too. Being number was important but expansion was much greater to the investors . Through the possible data management issues; and the relationship amongst Amazon’s data, information, and knowledge,

 Bezos' idea proved a success to Amazon, it is now back on track and remains one of the most popular online vendors in the world today.