10 Mind-Blowing Facts About Amazon.com
Amazon.com was almost called "Cadabra" as in "Abracadabra". That idea was struck down because CEO Jeff Bezos' lawyer misheard the word as "cadaver".
Source: Quora
Bezos chose Amazon.com for two reasons: one, to suggest scale (Amazon.com launched with the tagline "Earth's biggest book store") and two, back then website listings were often alphabetical.
Source: Quora
Amazon's warehouses have more square footage than 700 Madison Square Gardens and could hold more water than 10,000 Olympic Pools.
Source: FrugalDad
The first book Amazon.com ever sold was from Bezos' garage in July 1995. The book was Fluid Concepts & Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought.
Source: Quora
Amazon's current logo was designed to depict a smile that goes from A to Z. "This signifies that the company is willing to deliver everything to everyone, anywhere in the world."
Source: Quora
Amazon.com employees spend two days every two years working at the customer service desk, even the CEO. This practice is to help all workers understand the customer service process.
Source: Quora
Amazon owns 10 percent of North American E-Commerce. Office Depot, Stapes, Apple, Dell, WalMart, Sears, and Liberty all own another 10 percent of the market, the same size as Amazon. That leaves 1,000+ retailers to all fight for the remaining 80 percent.
Source: FrugalDad
Last year, when Amazon's site went down for 49 minutes the company missed sales of nearly $5.7 million.
Source: Wired
Greg Linden a former Amazon employee who invented the recommendation engine described Amazon's initial frugality. Linden writes, "the quintessential example of Amazon's frugality was the door desk. Leave it to Jeff Bezos. Buy a wooden door, preferably a hollow core wooden door with no holes pre-drilled. Saw a couple 4" x 4" x 6' pillars in half. Bolt them to the door with a couple of scary looking angle brackets. Put it in front of a programmer. Door desk."
Source: Greg Linden's blog
Amazon's unique users are 5x more valuable than eBay's. Amazon's average unique user brings in about $189 while eBay's brings in just $39.
Source: FrugalDad
In 2009, Amazon.com bought popular online shoe retailer Zappos.com in an all-stock deal worth about $1.2 billion.
Source: The New Yorker
Now check out these 11 Google products you never knew existed...
11 Google Products And Services You Never Knew Existed >
Next StoryRecommended Read
Nizamuddin Coronavirus hotspot: Everyone who knew about the religious gathering at Delhi's Markaz Tablighi Jamaat- The Kanika Kapoor-Prince Charles conspiracy theory is proof that Indians blame everyone but themselves
- Coronavirus crisis has made Infosys, TCS, and HCL Tech stocks so cheap, this may be the time buy — but hold for at least a year
- This drone is delivering medicines, collecting blood samples and spraying sanitizers in Telangana
- The Malabar Civet isn't one of them, but the Coronavirus lockdown has brought a lot of animals out of hiding
- An Indian’s shopping guide during the coronavirus pandemic
- Dolphins return to Italy, Venice canal shines, China’s air clears up – the impact of Coronavirus isolation says we need to rethink our ways
- Airports in India are spraying sanitizer, calling in doctors, and screening international passengers to keep coronavirus from spreading
