Buying popular products online is easier than ever thanks to sites like Amazon and Buy. These are two sites online that not only offer a vast array of products that you can purchase and have delivered right to your door but can also save a substantial amount of money from the price for these items [...]
For some time now, I have been hearing about how bookstores are struggling to stay in business, not only the small, local bookstores, but also the big chains, such as Borders. My perception is that Amazon.com’s success is partly responsible for these struggles. I like Amazon.com, and I also like “bricks and mortar” bookstores. Amazon.com’s [...]
1.History and business model: Amazon was founded in 1994, spurred by what Bezos refers to as his regret minimization framework, his effort to fend off late in life regret for not staking a claim in the Internet gold rush.1 It is common lore that Bezos wrote its business plan while he and his wife drove [...]