What Are The Best Strategies of Jeff Bezos and Amazon Corporation?
When discussing the future of the free market, Amazon CEO Jeff Bezos has mentioned a concept that may not have been heard before, namely “utopia.” What is this concept, and how can it benefit the economic welfare of our nation? In this article I will explore the topic in detail.
First off, let me explain what the term means; “utopia” is a philosophical state where everything is possible, or at least imaginable. The phrase was coined by the late Jerry Seinfeld who, when discussing the idea of going to heaven or hell, stated, “Nothing special happens here, and everything is okay.” This was an instant hit with a lot of people. Some people were so excited about this concept that they bought Seinfeld DVDs, which showed the story of the character George as he escaped from heaven to tell his fellow humans about his fantastic escape. Now don’t get me wrong, nothing special happened in the past, and nothing will happen in the future, but if we’re living in a visionary society then anything is possible, and this is one of the benefits of Jeff Bezo’s business philosophy of “Nothing is Special,” because in his book he mentions the future of technology.
Amazon has a vision, and it is to help us realize that future, and they do this through a number of different strategies. One such strategy is” AWS,” which stands for “awsale commerce.” Companies like Amazon use wholesale prices to sell products to consumers at a huge discount to retail prices, thereby increasing the consumers buying power, driving up demand, and creating massive economic opportunities for the companies selling the items. Amazon also makes a very large profit on its annual revenues.
Another strategy that Amazon uses to “become an information super power” is “E-tailers” or websites that provide customers with electronic goods on the Internet. For example, instead of going to the grocery store to buy milk, students can order it online, pay for it, and have it delivered to their dorm room. This eliminates the need to drive to the store and may even save gasoline, cut down on traffic, and save the gas tax. Jeff Bezo’s third strategy is “Inbox.” It’s an innovative application that allows people to stay in touch with friends and family, as well as, order food, books, and other items directly from a company’s website without browsing the Internet.
A fourth strategy is “Books. Amazon now provides all the books on CDs that you could ever imagine, including new releases, and unlimited ones. What’s more, you can actually rent the books that you want, something that never occurred before with most bookstores. In fact, many of them are charging you extra money for shipping. Jeff Bezo explains all this in his book.
There are some other things that Amazon has done that are quite amazing. They have become one of the leading shopping destinations on the internet. They have become the biggest seller of most everything on earth. What is even more incredible is that, according to Jeff Bezos, they plan to keep on top of all these trends. They will continue to develop new products, expand, and invest heavily in customer service, all things that will set them apart from the competition.
