What started as a site to get books online for cheap prices, and a company that took over a decade to turn a profit has now turned into the largest online retailer in the world. Although their sales aren't as high amazon is already valued at 120 billion dollars more than Wal-mart is, and Wal-mart is 32 years older. Anyone remember the book retailer Boarders? because it was amazon who drove them out of business, and now many are questioning if malls are going to be next.
Amazon now sells just about anything you can think of, and if you are a Prime member you can get most items in just two days. For many people, including myself, it is much easier to order something on amazon and have it brought right to my door than it is to drive to any given store and hope they have what I need.
You'll also notice that if you are a Prime member you now get Prime Music and Video. Prime video is a similar service to Netflix and Hulu. and Prime Music give access to many songs for free and the rest can be purchased just like on iTunes. They also released new product last year called the Amazon Echo that is essentially a better version of Seri that you place in your home and can speak to.
There are still many people who like to go out and see items in person or try them on before they buy, but even a few years ago i could never have imagined buying certain items online, such as TVs or musical instruments, and now these items are common place buys on the Internet. So who can say what we will be buying on amazon in the future. What is your opinion will amazon eventually become dominant in all industries as it has the book store?
http://www.newsweek.com/2016/07/22/jeff-bezos-amazon-ceo-world-domination-479508.html
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