The difference is that Amazon has data to prove what’s popular and easy to sell, and free shipping to get people to buy it online instead of in the store. (That’s gotten the attention of the European Commission, which is looking into whether Amazon is harming competition by using data from its sellers to develop its own products.) You can now buy Amazon-produced electric kettles, toasters, office chairs, knife sets, neoprene dumbbells, comforters, suitcases — name a product you’d find in a Walmart, and it’s probably already made and sold under the AmazonBasics name. Earlier this month, the company started selling its own mattress, striking fear in the direct-to-consumer mattress startup market dominated by Casper and Tuft & Needle.
Of course, one of the most important steps in the process of selling products is setting prices. One of benefits of using Amazon to sell goods online is that you can see what other merchants are charging for similar items. If you want to make sure your copy of The Scarlet Letter sells over the other ones listed, set the price with shipping lower than your competitors. You can also specify whether you want to handle the shipping yourself or allow Amazon to do so.
The Echo line and its Alexa assistant are Amazon’s avenues into our physical lives and our digital behaviors. With the data it collects, Amazon is able to better understand how we shop and how we want the devices of the future to listen, respond, and problem solve as if they were other human beings. Amazon has stiff competition in this space, primarily from Apple and Google, but its early investments in smart speakers and AI have helped Amazon overcome its absence in the key consumer markets like mobile, search, and social networks. As a result, Amazon has made early and tangible inroads in developing an ecosystem that customers will find increasingly hard to abandon down the line.
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If your new dress doesn't fit right or a gadget arrives broken, Amazon accepts returns on most sales within 30 days of delivery. In general, third-party sellers offer the same policy, although you'll usually have to pay for return shipping to the seller unless the seller advertises free returns, whereas Amazon often provides a prepaid shipping label for its own returns. The cost of the return may be subtracted from the refund if the item was returned for some other reason than Amazon's mistake.
While Amazon has publicly opposed secret government surveillance, as revealed by Freedom of Information Act requests it has supplied facial recognition support to law enforcement in the form of the "Rekognition" technology and consulting services. Initial testing included the city of Orlando, Florida, and Washington County, Oregon. Amazon offered to connect Washington County with other Amazon government customers interested in Rekognition and a body camera manufacturer. These ventures are opposed by a coalition of civil rights groups with concern that they could lead to expansion of surveillance and be prone to abuse. Specifically, it could automate the identification and tracking of anyone, particularly in the context of potential police body camera integration. Due to the backlash, the city of Orlando has publicly stated it will no longer use the technology.
While Amazon grew in the ‘90s largely thanks to its growing share of the print book market and its dominance of online book sales, it was its early investments in ebooks and e-readers that turned it into a digital publishing and book-selling powerhouse. Amazon began work on its first Kindle e-reader starting in 2004 under codename Fiona, with its internal Lab126 hardware division leading the product development process. The first device was released in November of 2007 and sold for $399. Amazon has since released numerous iterations of the Kindle, and it now dominates the e-reader market after edging out competing products from Barnes & Noble, Kobo, and others.
After reading a report about the future of the Internet that projected annual web commerce growth at 2,300%, Bezos created a list of 20 products that could be marketed online. He narrowed the list to what he felt were the five most promising products, which included: compact discs, computer hardware, computer software, videos, and books. Bezos finally decided that his new business would sell books online, due to the large worldwide demand for literature, the low price points for books, along with the huge number of titles available in print. Amazon was founded in the garage of Bezos' rented home in Bellevue, Washington. Bezos' parents invested almost $250,000 in the start-up.
In 2013, Amazon secured a US$600 million contract with the CIA, which poses a potential conflict of interest involving the Bezos-owned The Washington Post and his newspaper's coverage of the CIA. Kate Martin, director of the Center for National Security Studies, said, "It's a serious potential conflict of interest for a major newspaper like The Washington Post to have a contractual relationship with the government and the most secret part of the government." This was later followed by a US$10 billion contract with the Department of Defence.
Prime started as a two-day shipping membership for devoted Amazon shoppers, and it didn’t add any additional benefits until 2011. However, since then, Prime has grown into a subscription service with more than 100 million paid users worldwide, while the service itself has evolved to include additional perks over the years, including a Prime credit card now with 5 percent cash back. (Amazon also operates Amazon Pay for purchasing online goods elsewhere with your Amazon account, and the Amazon Cash service for translating cash into store credit using a barcode, although neither are restricted to Prime users.)
Amazon hasn’t been content stopping with smart speakers and just standard old appliances under its AmazonBasics brand. In its quest to put Alexa everywhere, the company now sells a dizzying number of smart home devices that go well beyond its core speaker and set-top box beginnings. First there was the Echo Dot, to help bring Alexa to analog speaker systems and get the voice assistant into more rooms of the home. Then there was the Echo Look, for AI-assisted outfit recommendations, and the Echo Show, which contained a display and camera for video chatting and was designed to be a hands-free screen for the kitchen.
This service isn't just for packaged goods, either. Many stores offer shoppers the opportunity to order fresh produce, meats, dairy, and other groceries online and get these items delivered directly to their homes. In addition, many products that aren't necessarily found easily in stores can be found online — sometimes for a much cheaper price. You might even be able to take advantage of online rewards or cash-back offers, too.
In May 2018, Amazon threatened the Seattle City Council over an employee head tax proposal that would have funded houselessness services and low-income housing. The tax would have cost Amazon about $800 per employee, or 0.7% of their average salary. In retaliation, Amazon paused construction on a new building, threatened to limit further investment in the city, and funded a repeal campaign. Although originally passed, the measure was soon repealed after an expensive repeal campaign spearheaded by Amazon.
After the introduction of the September 5, 2018 'Stop Bad Employers by Zeroing Out Subsidies (Stop BEZOS) Act', Amazon announced to its workers on October 2, 2018, that the minimum wage paid to salaried workers be increased to $15 per hour. The wage increase applies to about 350,000 workers. It does not apply to the majority of Amazon's employees who are contract workers. Furthermore, Amazon has also removed some grants and stock options.
Amazon.com, Inc., doing business as Amazon (/ˈæməˌzɒn/), is an American electronic commerce and cloud computing company based in Seattle, Washington, that was founded by Jeff Bezos on July 5, 1994. The tech giant is the largest Internet retailer in the world as measured by revenue and market capitalization, and second largest after Alibaba Group in terms of total sales. The Amazon.com website started as an online bookstore and later diversified to sell video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, software, video games, electronics, apparel, furniture, food, toys, and jewelry. The company also owns a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, produces consumer electronics lines including Kindle e-readers, Fire tablets, Fire TV, and Echo devices, and is the world's largest provider of cloud infrastructure services (IaaS and PaaS) through its AWS subsidiary. Amazon also sells certain low-end products under its in-house brand AmazonBasics.
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As Seen On TV is a generic nameplate for products advertised on television in the United States for direct-response mail-order through a toll-free telephone number. As Seen On TV advertisements, known as infomercials, are usually 30-minute shows or two-minute spots during commercial breaks. These products can range from kitchen, household, automotive, cleaning, health, and beauty products, to exercise and fitness products, books, or to toys and games for children. Typically the packaging for these items includes a standardized red seal in the shape of a CRT television screen with the words "AS SEEN ON TV" in white, an intentional allusion to the logo of TV Guide magazine.