Shopping Would Never Be the Same
It was on a July day in 1995 that a customer placed an online order with a startup company operated out of a two-car garage, and changed retailing forever.
According to data from the U.S. Census Bureau, the book was called “Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought.”
However, it wasn’t the book itself that changed history, it was the garage-based startup business that filled the order. This business was called Amazon.
Many people forget that the Bellevue, Washington mega-retailer started out as an online bookseller. It was a humble little company back in the day.
Today, Amazon has some 230,000 employees and around 90 warehouses to store and ship the annual two-billion purchases of items sold.
While the company still sells books, it has since branched out to sell, well, nearly everything else.
Amazon’s success certainly inspired many other startups: last year internet sales totaled nearly $342 billion, or over 7 percent of all retail sales.
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