The service lets consumers order fresh grocery items like seafood, meat, fruit and vegetables, and have them delivered to their doorstep in a matter of hours. As well as these innovations, while the e-commerce giant has kept on experimenting with new markets, it hasn't forgotten what is truly at its core: books. From changing the way people buy books, it then changed the way they read them - with the launch of the Amazon Kindle.
The e-reader device enables users to browse, buy, and read e-books, magazines, newspapers, or whatever they find interesting from the Kindle Store. Now if people can order books and grocery items on Amazon.
Enter the Amazon Prime Wardrobe. The service is still in beta right now, but interested users can sign-up to get notifications once it rolls out. Amazon has revolutionised a number of industries, combining cutting edge technology to change the way we buy and read books, buy clothing, get our groceries and consume entertainment. Amazon is indeed diversifying and taking almost all industries by storm.
Helping Bezos turn Amazon. For those wondering why Amazon pulled out such an enormous amount of money for the Las Vegas-headquartered shop, Bezos has the answer:. The entire retail industry was startled by the big announcement, including some who deemed the acquisition the greatest deal of the year.
As well as expanding in to other industries, Amazon is also expanding into more and more regions. While customers in Australia can order from Amazon, the company is looking to set up logistics centers in Australia, so its Australian customers can take advantage of features like same or next day shipping, and buy from more Australian retailers, instead of buying goods that are shipped from the US.
And on the technology front? Amazon is always pushing the boundaries - it's experiements with delivery by drone are a famous example of that. It has reached into many facets of our everyday lives, offering customers anything we need at the lowest possible prices.
The world may not be ready for its future inventions and innovations; but one thing is for sure -- Amazon will keep on finding new ways to obsess over making our lives easier and easier.
For more on our in-depth analysis of Amazon's move to Australia, check out our 'Amazon Down Under' section. Avlya Jacob is a content writer at Ordermentum. When not working, she enjoys writing online novels and spending time with her husband. Editions Quartz. More from Quartz About Quartz. Follow Quartz. These are some of our most ambitious editorial projects.
Published August 20, Last updated on March 9, This article is more than 2 years old. In the beginning, Amazon. Enrich your perspective. Embolden your work. Become a Quartz member. Start free trial. Membership includes: All of Quartz journalism, unlocked Goodbye paywall, hello access across platforms — including on our iOS app — to global business news that offers a fresh perspective on the financial forces changing the world.
Originally known for selling books through its website and later digital versions via its Kindle e-reader , Amazon has built up a customer service, inventory, and shipping empire that allows the site to offer everything from clothes to lawn furniture to janitorial supplies. It also sells digital content like movies, music, and apps. Its Amazon Web Services arm is a multibillion-dollar provider of cloud-based services for millions of business customers around the world, including government agencies and universities.
Amazon is even a Hollywood player, taking home two awards at the Golden Globes. Yet the basics of Bezos's business philosophy--focusing on long-term customer loyalty over short-term profits and never-ending expansion into new businesses--have been surprisingly consistent over the years. And Amazon's obsession with efficiency explains why it's now delivering products in just two hours via its Prime Now service, and why it hopes to be among the first e-commerce companies to deploy its own fleet of drones with Amazon Prime Air, a future fleet of autonomous aerial vehicles that will deliver packages under five pounds.
In an interesting twist, Amazon has made significant investments in brick and mortar, opening its first bookstore in Seattle in late and since then expanding to 13 locations. In , the company completed its acquisition of Whole Foods and in early opened an Amazon Go grocery store to the public at the company's headquarters in Seattle. Events Innovation Festival. Follow us:. Most Innovative Companies Amazon Amazon is a cloud computing giant and the largest American e-commerce company.
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