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Monday, 26 February 2018

Amazon - The pioneer to Electronic Commerce


amazon (a to z)

We all have came across different Electronic Commerce sites like amazon, Flipkart, eBay, SnapDeal, but never wondered when they were made or what they served before. Today's blog is for this only. Well as the title suggests this one is about Amazon. One of the most oldest in its category. As you may be knowing about it's owner - Jeff Bezos who was in the limelight for being the richest person on the planet. Well he not only took over Bill Gates(Founder of Microsoft) but all others who were there in the list like Mark Zuckerberg(co-founder of Facebook), Amancio Ortega, Warren Buffett and many more. Well, this blog is not about Jeff Bezos so we'll not focus him much but about his creation amazon where the arrow points from a to z in it's name and that's the concept of it, everything at a single place. So it started in July 1995 and started selling books. With an idea of providing books at prime location as he knew the cost of real state was always going to be  high and provide books to people at their own place. At that time too it has as many books as the biggest shop can't contain. But that was just the start of it. In the year 2001 he started another concept of "Your Store"  where he started to provide other products too. Like the name suggests Your Store meaning all you want at one place. It was not an easy journey for them too. The bubble of  2000-2001 and that was hard time to all such businesses. And finally in at the end of 2001 it started to raise again. And from that day since now it has just been better. According to the Net Rating of November 2001 it had 31 million daily visitors whereas Yahoo and eBay managed to 27 and 28 million respectively. Well that's it about Amazon. A blog on Cyber Security is still pending but will be provided very soon.
Internet burst in the year
Comment if you want any changes or want to give suggestions.
Thank You
Will see you soon.

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