Tuesday, November 30, 2010

Companies of the Cutting Edge


AMAZON
            Online shoppers can find practically any product they desire on Amazon.com. Billing itself as the “Earth’s most customer-centric company,” it offers books, movies, electronics, clothing, toys, and many other items.
            Jeff Bezos founded Amazon in 1995 knowing that book lovers would gravitate toward a web site offering the convenience of browsing through millions of book titles in one sitting. He fulfilled orders for customers in every U.S. state and 45 additional countries during the first 30 days of business. All shipped from his Seattle-area garage.
            The company has grown to permit third parties to sell product on its Web site. Its kindle portable reader wirelessly downloads more than 135,000 books along with blogs, magazines, and newspapers to a high-resolution electronic paper display. In 2008, it launched TextBuyIt. Which lets customers use text messages to buy products sold on Amazon.com.

eBAY
            Millions of product are traded daily on eBay auctions, whether it is across town or across the globe. The more then 62 million registered worldwide shoppers generate at least $ 1.5 billion on the main Web site, eBay, along with items on shopping.com, tickets on StubHub, classified on Kijiji, and other e-commerce venues.
            The shoppers likely pay for  their merchandise using PayPal, another eBay service. This merchant service allows buyers to transfer money from savings accounts or use their credit card without having to expose the account number to the seller. Skype, an eBay service, allows moe than 340 millions registered Internet users to make video and voice calls worldwide. Other eBay companies are Rent.com, which allows consumers to find and compare product. In 2008, eBay introduce major initiatives to protect its bidders from fraudulent offers and malicious content.

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