Amazon Research Paper

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Recommended: A brief history of Amazon Inc

"There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second." (Jeff Bezos)
The creator of Amazon stated this quote when he talked about pricing on Amazon and how he wanted to make something that was affordable for everyone and allow people to earn money through the website. In 1994, Jeff Bezos founded Amazon just in his garage when he learned that the Internet was becoming very popular. Bezos decided to drive to Seattle to make his project known, after coming up with a plan in garage and held meetings at local Barnes and Noble, Amazon started to become famous. On July 5, 1994, in Bellevue, Washington, Amazon.com, Inc was founded and became one of the world's largest retailer …show more content…

Amazon gives student the ability to rent, buy, and sell their textbooks at an affordable price without having to pay a small fortune. Amazon can save a student up to 90% off used textbooks needed for class. Amazon has over a million of books you can choose from, but Amazon may not have a specific book that a college student is looking for. Amazon has books from used, new, and rented to buy, but used books are the usually the cheapest ones on the website. Also, as a student who is looking for money, you can sell your old textbooks or possessions that you no longer use or need. Other site like Chegg and Overstock also have textbooks that are cheaper than many bookstores, but unlike Amazon they do not have the book selection that it does. Overstock averages about 60,000 textbooks in their selection and Chegg has only about 20,000 textbooks to browse from.(CITE) Amazon has over 50 opponents competing with them, and their only main competitor is Ebay. Amazon and Ebay are very similar and they both have their strengths and weaknesses, but Ebay's strength is textbooks as it has over 12 million textbooks while Amazon has only about three million books to browse from. College textbooks is a billion-dollar industry and Amazon gets to help lower that number just a little every

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