Summary of Ram Charan's The Amazon Management System

by   Everest Media (Author)
Buy for $2.99 Excerpt

Please note: This is a companion version & not the original book.

Sample Book Insights:

#1 When Bezos started Amazon, he worked at a Wall Street firm famous for its quantitative trading methods. In 1994, he was appointed to lead the effort to study potential business opportunities that could be created by the Internet.

#2 When Bezos started Amazon, he knew that the Internet would change customers’ shopping experience in a fundamental way. He envisioned that one day, Amazon could achieve the ultimate in personalization: a different version of the website for each customer based on the patterns and preferences derived from their previous shopping records.

#3 Bezos’s focus on the customer was the basis of Amazon’s rapid growth. He believed that our consumer franchise is our most valuable asset. Amazon launched Prime in 2005, a $79 annual membership fee for free two-day shipping. As of December 31, 2018, Amazon had more than 100 million prime members around the world.

#4 A first-party selling business is a store, and does not qualify as a platform. A platform engages multiple parties, facilitates complicated transactions and interactions with multiple products and services, and creates value for all parties involved.

Format
EPUB
Protection
Watermark
Publication date
May 11, 2022
Publisher
ISBN
9798822508668
Paper ISBN
9798822508668
File size
1 MB
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