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The Internet has become an extremely popular place for small businesses and firms to advertise and sell their products Although this is a very easy and popular way to sell it all depends on how well you use your marketing ideas One firm that is widely known across the country and famous for having grown so fast since its online creation is Amazoncom It opened a whole new market for competitive business in the specialty industries on the computer and has proven to be a successful company on the NetAmazoncom is a corporation a retail industry in which many shareholders own stock Stock ownership is what helped to expand business and allowed for more capital investments Amazoncom is known on a global scale Since it is an online Internet company people from anywhere may access the site and use it as long as they have an Internet connection It was originally started in July of 1995 by Jeff P Bezos at his home in Seattle Washington along with his wife Bezos graduated from Princeton University He lived and worked in both Miami and Houston and is currently 34 years oldWhat began as a small business selling books over the Internet exploded into a giant corporation making millions of dollars and satisfying customers with popular products that are easy to order Although Bezos is the main CEO and originally the brain behind the company parts of Amazoncom is owned by stockholders which is one advantage Another advantage that Amazoncom has by being a corporation is that the stockholders are not held accountable for business failure However a disadvantage to the corporation is that Amazoncom is regulated by the government Also the companys rapid expansion is causing operating expenses to rise at nearly 25 a year As with any corporation Amazoncom has major competition including such well known businesses as Barnes Nobles CdNowcom and Ebaycom Barnes Nobles is a popular book and music store which
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