Activities

In
Contemporary World
(Amazon and India)

Submitted by:

Bato, Sunshine Grace B.

Dimpas, Alyssa Kaye
Golo, Renzie
Rosa, Jamaica
Loreño, Jillan
Advincula, Ronabeth
Peñaflor, Ember Joseph

BSA 107 & BSMA 102

Submitted to:

Annelli Llames

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 Background of Amazon in India

The History of India begins with the Indus Valley Civilization and the coming of the
Aryans. These two phases are generally described as the pre-Vedic and Vedic periods. The
earliest literary source that sheds light on India's past is the Rig Veda. It is difficult to date
this work with any accuracy on the basis of tradition and ambiguous astronomical
information contained in the hymns. Indus valley civilization, which flourished between 2800
BC and 1800 BC, had an advanced and flourishing economic system. The Indus valley people
practiced agriculture, domesticated animals, made tools and weapons from copper, bronze,
and tin and even traded with some Middle East countries.

Amazon has come a long way since it was founded by Jeff Bezos in his garage in
Bellevue, Wash., on July 5, 1994.

Amazon officially opened for business as an online bookseller on July 16, 1995.
Originally, Bezos had incorporated the company as Cadabra but later changed the name to
Amazon. Bezos is said to have browsed a dictionary for a word beginning with A for the
value of alphabetic placement. He selected the name Amazon because it was exotic and
different and as a reference to his plan for the company's size to reflect that of the Amazon
River, one of the largest rivers in the world. Since its inception, the company's motto has
always been "get big fast."

In 2005, Amazon Prime This membership-based service for Amazon customers offers
free two-day shipping within the contiguous U.S., as well as streaming, shopping and reading
benefits. According to Amazon's website, current Amazon Prime membership rates are
$14.99 a month or $139 per year. By changing the way people bought books, Amazon also
shaped how they read them with the launch of its first Kindle e-reader in 2007. This device
helps users browse, buy and read e-books, magazines and newspapers from the Kindle
Store. Amazon debuted its first tablet computer, the Kindle Fire, in 2011 and the Amazon Fire
TV Stick, which is part of Amazon's extensive line of streaming media devices, in
2014.Amazon also started an online Amazon Art marketplace for fine arts in 2013, which
has featured original works by famous artists such as Claude Monet and Norman Rockwell.

The popular in-home virtual assistant Amazon Alexa was rolled out to consumers in
2015 and was followed by the Alexa-equipped Echo Dot in 2016.

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 GNI Between the Amazon and India

HIMAYA PRESTHITHA - 09 AUG 2022

Amazon - The Success Story of the Jeff Bezos-Founded Company

Company Profile is an initiative by StartupTalky to publish verified information on

different startups and organizations. The content in this post has been approved by Amazon.

Online shopping has become a part of daily life for most of us today. A recent survey in
2022 reveals that over 2.14 billion people worldwide shops online, which makes 27.6% of the
people out of 7.74 billion people in the world. Thus, it can be concluded that more than one
out of four people shops online now.

While the number of e-commerce companies worldwide is growing fast, there are a few
pioneer companies that have established themselves as in financial year 2023, the gross
national income at current prices in India was estimated to amount over 267 trillion Indian
rupees, a significant increase from the previous year. It was the first time during the last
decade, that the gross national income decreased in fiscal year 2021

This customer's review of Amazon

GNI in India

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 Conclusion

Tech and e commerce giant Amazon has decided to shut it's distribution services in
India after closing it's food delivery and education service. Business today has learnt. The
company plans to focus on its core business and is cutting back on other verticals. Amazon
had a successfully decade in India, but the road ahead is not without its challenges. The
company faces stiff competition from local e-commerce players like Flipkart and snapdeal,
as well from global players like Walmart and Alibaba.

The most awaited sale of the year, the Amazon Great Indian Festival Sale is expected
to start from 23rd September 2023 and for Prime members, it will start 24 hours earlier from
22nd September 2023. The purpose why re opening the Amazon in India for its Seller
Fulfilled Prime program later in 2023 after an extended pause, according to a company
announcement to sellers earlier this month. Amazon initially paused new seller enrollment
as the program did not meet shopper expectations and wanted “to make sure we had more
support for sellers and clear standards in place,” according to the announcement. Amazon
did not specify when the pause occurred, but firms tracking the company say it has been in
place for several years.

Amazon in India is the operation management help the organization to deal with the
change in a business environment and manage all the functions of the business transaction
effectively. Company is correctly engaging in customer support services and after-sale
services that help it to directly deal with the customers and address their queries/problems.
With the help of after sale services, the company is able to gain a huge market share and
customer trust. It also enables the company to gain a competitive advantage over other
competitors in the market.

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