Amazon :
Amazon.in is an American multinational technology company based in Seattle that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Four technology companies, along with Google, Apple, and Microsoft. It has been referred to as "one of the most influential economic and cultural forces in the world" as well as the world's most valuable brand.
Amazon is now the world's leading online shopping company which deals with almost all necessary products. on July 5, 1994. The company started as an online marketplace for books but expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewelry.
In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization. In 2017, Amazon acquired Whole Foods Market for US$13.4 billion, substantially increasing Amazon's footprint as a physical retailer.
In 2018, Bezos announced that its two-day delivery service, Amazon Prime, had surpassed 100 million subscribers worldwide.
Founder :
The company was founded by Jeff Bezos in July 1994,His full name is Jeffrey Preston Bezos. He is an American internet entrepreneur, industrialist, media proprietor, and investor.
He was born in Albuquerque and raised in Houston and later Miami, Regarding his educational qualifications ,he is graduated from Princeton University in 1986 with a degree in electrical engineering and computer science.
Deals :
The free online shopping platform that assures you of a great shopping experience with a wide selection across categories like fashion, electronics, home & kitchen and more. You can browse and search for your desired products by product name, category or brands. Get personalized recommendations based on ratings & shopping trends. Enjoy up-to the minute order tracking on the app, get notified on latest deals, price drops and upcoming launches.
Shop from over 17 crore products, pay bills, money transfer and book flights and Many more facilities.
The Amazon Shopping, UPI, Money Transfer, Bill Payment App brings to you, over 17 Crore original products, at great prices & deals. Shop on the Amazon App for the latest electronics – Redmi Y3, Apple iPhone, Samsung Galaxy, OnePlus 7 Pro & more, accessories - earphones, chargers, power banks. Shop for your home needs and choose from selection across TVs, refrigerators, water purifiers, washing machines.
Shop from Amazon Fashion for all occasions – Formal attire, casual and daily wear – shirts for men, sarees & gowns for women, watches, jewelry, shoes & footwear. Recharge your prepaid mobile, DTH account, pay bills, book flights & movie tickets, transfer money, scan & pay at your nearby stores with Amazon Pay. Download the Amazon Shopping App for free, from Google Play Store & enjoy online shopping.
So thats how it deals with almost all the biggest things in the world. It make our daily lives even more easier. that is why Amazon.in is the biggest online shopping company and leading company in the world.
Amazon in India :
Regarding the history of Amazon in India, Amazon acquired Junglee in 1998, and the website Junglee.com was launched in India in February 2012 as a comparison-shopping website.
India has an internet users base of about 475 million as of July 2019, about 40% of the population. In 2017, the largest e-commerce companies in India were Flipkart and Amazon. In 2018, Amazon beat Flipkart and was recorded the biggest ecommerce in india in terms of revenue.
Amazon India head Amit Agarwal has been appointed as the new chairman of the Internet and Mobile Association of India (IAMAI).
Amazon is been offering so many jobs for the youth in India. The company's largest campus outside US was inaugurated in Hyderabad.
Adventages and Disadvantages of Amazon in India.
In India, it is estimated that one in every three Indian shops via smartphone and online retailers deliver to 20,000 pincodes out of the 100,000 pincodes in India.
Because of Amazon, Customers can purchase items from the comfort of their own homes or workplace. Shopping is made easier and convenient for the customer through the Amazon apps. It is also easy to cancel the transactions.
Adventages :
1.Saves time and efforts.
2.The convenience of shopping at home.
3.Wide variety/range of products are available.
4.Good discounts / lower prices.
5.Get detailed information about the product.
6.We can compare various models/brands.
Disadvantages :
1. They deliver products only in India. No service available outside India even if you are willing to pay extra money. The service is not available for certain areas in India also. You can check availability by giving the place pin code in their site
2. I don't trust other sellers on AMazon. If it's not sold by Cloudtail or any other authentic sellers - than I don't buy from Amazon generally. Their delivery is sometimes late & sometimes items are not great.
3. Amazon's price advantage is slowly coming down. There used to be a great price difference between Amazon & offline retailers - not any more
4. Sometimes, the products are delivered but the packages are empty making the customers stunned and we can see lots of this kind of viral videos on social medias. So, Amazon needs to do something on how and what delivery boys are doing.
5.The service is not upto the mark in villages when compared to the urban areas. Sometimes they take lot of time to deliver products in rural areas
6. The minimum order for free home delivery is increased to 500/- recently while some other sites are doing it for lesser than that
7.You can’t feel the product on Amazon ,major issue in case of clothing and footwear shopping10, Online security becomes a major issue day by day as there are much increase in fraudulent activities whole doing shopping on Amazon.
So, these are some of the advantages and disadvantages of Amazon in India.
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