When Did Amazon Get Big?
Amazon is one of the largest, most successful companies in the world and it’s hard to imagine a time when they weren’t a dominant force in the market. But it wasn’t always this way. In fact, Amazon has only been around for 25 years.
The company was founded by Jeff Bezos in 1994, and he originally saw it as an online bookstore. He chose the name “Amazon” because it was the largest river in the world and he wanted his company to be big too. The first book sold on Amazon was Fluid Concepts & Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought by Douglas Hofstadter.
At first, Amazon was slow to gain traction as most people didn’t trust buying books online. However, Bezos had a vision for the company and continued to expand its offerings beyond books. He soon added CDs and videos, followed by electronics and other items over time.
In 2001, Bezos took a major leap forward with Amazon Web Services (AWS). This provided companies with cloud computing solutions which allowed them to access servers and storage remotely at any time. AWS helped Amazon become profitable for the first time, as well as paving the way for other businesses to use cloud computing services without having to develop their own infrastructure.
By 2005, Amazon had become so successful that it began offering its own products such as Kindle e-readers and Fire tablets. This allowed them to not only sell products from other companies but also create their own products and services that could be used by customers around the world.
Today, Amazon is a global powerhouse with operations in over 15 countries across four continents. It sells millions of products from both its own stores and third-party vendors, while also providing cloud computing services through AWS along with streaming video content through Prime Video. It has also expanded into other areas such as artificial intelligence (AI) with Alexa-enabled devices, grocery delivery with Prime Now, and more recently healthcare technology through its acquisition of PillPack Pharmacy.
Overall, Amazon has transformed itself from an online bookstore into one of the world’s most successful companies in just 25 years thanks to Jeff Bezos’ vision and determination to make his company big like the mighty Amazon River he named it after.
In conclusion, while it may seem like Amazon has always been a major player in today’s marketplace that is far from being true – they have only been around for 25 years yet have grown exponentially due to Jeff Bezos’ innovative vision for what his company could become.