As for disruptive technologies, there is one company that dominates. Amazon ($ AMZN): Amazon և առաջ առաջ: առաջ առաջ: և:::::::::::::::::::::::::::::::::::::::::::: In this article, I’re going to explain what makes Amazon such an effective car: ության Many industries are disrupted.
When was the last time you joined Barnes & Noble ($ BKS)? Or any other bookstore for that matter? What was the last time you visited Amazon? I’m ready to bet that almost everyone who reads this has been on Amazon’s website in the last few days, և I’m just as willing to bet that almost no one has entered a physical bookstore in a long time. The bookstore industry, symbolizing the former giant Barnes & Noble, was the first victim of Amazon’s disruptive trends. Amazon’s roots go back to 1994, when the company started an online bookstore. Formed as an online bookstore, Amazon was able to offer a much wider selection than any physical bookstore, just as it was able to offer the same choice to a cheaper consumer. As the free market usually operates, consumers chose the cheaper option when offering the same product or service. In 2007, Amazon surpassed Barnes & Noble in book sales, and in the same year they released the first version of the Kindle e-book reader. Digital book sales in 2010 surpassed physical book sales through Amazon. Amazon also runs Audible, one of the largest players in the audiobook game. In 2011, Borders Group, which just a few years ago was the second largest bookstore chain in the United States, filed for bankruptcy, and a few months later ceased to exist. At the time of writing, Barnes & Noble has a market capitalization of approximately $ 454 million. Amazon has a market capitalization of about $ 832 billion. According to market capitalization, Amazon is worth about 2000 times more than Barnes & Noble. Amazon’s entry into the bookstore industry փոխարին Replacing companies that were previously firmly in place is simply the first of many areas that have disrupted the Amazon Bull.
THERE IS NO END
After direct retail sales վճար payments from third-party vendors on Amazon’s website, Amazon generates the largest percentage of its revenue from Amazon Web Services (AWS). AWS has a history of 2006. In 2006, Amazon subsequently launched the Simple Storage Service (S3), a file storage service, as the name implies. Simple Queue Service (SQS), a service designed to automate message queuing. And to end the year, they launched the Elastic Cloud Computer (EC2) service, which allowed users to pay for server time to run simulation applications. Today, there are about 100 different services offered under the auspices of Amazon Web Services that can cater to almost any digital needs. Today, almost half of digital cloud computing is operated by Amazon. As with the bookstore industry, Amazon has taken control. By 2020, cloud computing is projected to be an industry worth more than $ 400 billion. And Amazon is going to dominate this market in the foreseeable future.
ANNOUNCE THE GLORY
The retail industry is a perfect example of Amazon’s ever-changing industry, of which they are best known. However, from the beginning, Walmart ($ WMT) has only about three times the annual revenue of Amazon, so Bezos and Co. are not dominant in the retail industry, but they have certainly experienced a decline. It can be said that they have disrupted the industry. Although they were founded in 1994, for the first four years they were just an online bookstore, but in 1998 the company expanded its catalog and started selling more than just books. Since then, the company’s online sales have grown exponentially, and they have even been accused of pushing traditional retailers out of business. Amazon gets about 85% of its revenue from its retail business, so it’s obvious that it’s the largest share of Amazon. Leading online retailer Amazon has established itself as one of the major retailers despite being completely online, in part because of its convenience and low prices. Most recently, in 2017, Whole Foods, a luxury grocery store, was acquired by Amazon to increase its market share in the retail sector. With its online retail business, Amazon is able to capture significant market share and keep the agency in space. Just to look at the size of Amazon, more than two-thirds of all households have an Amazon Prime subscription.
BUT WHAT ELSE?
Above, I talked about what Amazon’s biggest divisions are and what they are best known for. But here I will talk about the lesser known parts. Amazon launches its Amazon Video service և available to all Prime customers. This service acts as a traditional television և media և competition և popular among cordless cutters, it competes with other streaming services such as Netflix ($ NFLX) և Hulu (soon owned by Disney ($ DIS)) և thousands of movies և television. shows. There is Amazon Drive, which offers unlimited file storage for only $ 59.99 per year. They recently acquired the streaming site twitch, the largest live video streaming site that gives Amazon a market share in streaming and e-sports. One of the first subsidiaries is A9, a highly advanced search engine marketing company with machine learning. Amazon also tracks self-driving car companies such as Tesla ($ TSLA) and Google Waymo ($ GOOG, $ GOOGL). Either Tesla is not as developed as many people think, nor a good investment. Back on track, they also have Amazon Music, Amazon Tickets, Amazon Home Services, Amazon Inspire, Internet Movie Database (IMDb), Amazon Go, Fire TV, Goodreads, Zappos ավելին and more. Keep looking for Amazon affiliates or services offered by Amazon that I did not mention, you can probably find at least a few dozen. A few days ago, Amazon even announced that they were purchasing an online pharmacy to offer an online pharmacy և pharmaceutical delivery service that would disrupt traditional pharmacies.
Amazon is currently the second most expensive company in the world with market capitalization. The only company that surpasses them is the technology giant Apple ($ APPL). Given Amazon’s huge growth potential բաց lack of adequate competition, I believe their value will continue to rise. They are in a unique position to disrupt almost every area that can be thought of succeeding at the same time. Amazon is a remarkable company that will continue to expand indefinitely, և I would advise everyone to invest in the company, even though some people think they are overrated.