Happy Birthday Amazon, zero to $1 trillion in 25 years
Just 25 years on from when it started, Amazon has grown from
start-up to one of the most valuable public companies on the planet, with Mr
Bezos now the world's richest man.
start-up to one of the most valuable public companies on the planet, with Mr
Bezos now the world's richest man.
Amazon started as an online book retailer but has become a
global giant, selling multiple products with membership subscriptions, physical
stores, groceries for sale, its own smart devices and a delivery system which
can get things to customers in an hour.
global giant, selling multiple products with membership subscriptions, physical
stores, groceries for sale, its own smart devices and a delivery system which
can get things to customers in an hour.
In 2018, Amazon became the world's second-ever public
company to hit a $1 trillion valuation, after Apple, and it has the
second-highest market valuation in the world, after Microsoft.
company to hit a $1 trillion valuation, after Apple, and it has the
second-highest market valuation in the world, after Microsoft.
Amazon has sales of over $234 billion and is expected to
rise to over $300 billion by 2020. Their subscriptions alone exceed $100 million
a year – in recurring revenue!
rise to over $300 billion by 2020. Their subscriptions alone exceed $100 million
a year – in recurring revenue!
One of the reasons the company has grown is their partner
programmes which enables online entrepreneurs and retailers to sell goods on
the Amazon platform at a fraction of the cost of setting up a physical store.
programmes which enables online entrepreneurs and retailers to sell goods on
the Amazon platform at a fraction of the cost of setting up a physical store.
In the past, you needed technical knowledge and skills to
set up websites and marketing ability to work online. You needed to find a way
of driving traffic to your site.
set up websites and marketing ability to work online. You needed to find a way
of driving traffic to your site.
Amazon has solved these problems with its readymade store
monthly visitors exceeding 199 million in the US alone.
monthly visitors exceeding 199 million in the US alone.
The internet has opened up a new world of learning, working,
socialising and doing business. We no longer need to go back to school or
university to learn new skills. We can work from home, start a business or find
a new life partner all from the comfort of our home.
socialising and doing business. We no longer need to go back to school or
university to learn new skills. We can work from home, start a business or find
a new life partner all from the comfort of our home.
Amazon has also enabled thousands of authors to easily
self-publish their books online, as I have with my book, Yes, Money Can Buy You Happiness! See link
- http://bit.ly/2MoneyBook
self-publish their books online, as I have with my book, Yes, Money Can Buy You Happiness! See link
- http://bit.ly/2MoneyBook
If you want to quit the rat race and work from home, but
can't quite replace your income from your paid job, why not try and gradually
make the transition over a period of time?
can't quite replace your income from your paid job, why not try and gradually
make the transition over a period of time?
You can learn how to get started on Amazon or Facebook by
following the steps of people who have done all the hard work for you and now
want to pass on their knowledge.
following the steps of people who have done all the hard work for you and now
want to pass on their knowledge.
For more information on Amazon and Facebook courses email charles@charleskelly.net
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