Amazon.com opened its virtual doors on the World Wide Web in July 1995. They seek to be Earth’s most customer-centric company. They are guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. In each of their segments, they serve their primary customer sets, consisting of consumers, sellers, developers, enterprises, and content creators. In addition, they provide services, such as advertising services and co-branded credit card agreements. The chart attached above highlights Amazon Revenue By Region.
They serve consumers through their retail websites and physical stores and focus on selection, price, and convenience. They design their websites to enable hundreds of millions of unique products to be sold by us and by third parties across dozens of product categories. Customers access their offerings through their websites, mobile apps, Alexa, and physically visiting their stores. They also manufacture and sell electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, and Echo devices, and they develop and produce media content. They strive to offer their customers the lowest prices possible through low everyday product pricing and shipping offers, and to improve their operating efficiencies so that they can continue to lower prices for their customers. They also provide easy-to-use functionality, fast and reliable fulfillment, and timely customer service. In addition, they offer Amazon Prime, a membership program that includes unlimited free shipping on tens of millions of items, access to unlimited instant streaming of thousands of movies and TV episodes, and other benefits. The chart attached above highlights Amazon Revenue By Region. The chart attached above highlights Amazon Revenue By Region.
They fulfill customer orders in a number of ways, including through: North America and International fulfillment and delivery networks that they operate; co-sourced and outsourced arrangements in certain countries; digital delivery; and through their physical stores. They operate customer service centers globally, which are supplemented by co-sourced arrangements. The chart attached above highlights Amazon Revenue By Region.
They offer programs that enable sellers to grow their businesses, sell their products on their websites and their own branded websites, and fulfill orders through us. They are not the seller of record in these transactions. They earn fixed fees, a percentage of sales, per-unit activity fees, interest, or some combination thereof, for their seller programs.
Amazon Revenue By Region
|Revenue By Region||FY 2017|
|United States||$120486 million|
|United Kingdom||$11372 million|
|Rest of world||$17150 million|
Net sales generated from their internationally-focused websites are denominated in local functional currencies. Revenues are translated at average rates prevailing throughout the period. Net sales attributed to countries that represent a significant portion of consolidated net sales are as above table
Their businesses are rapidly evolving and intensely competitive, and they have many competitors in different industries, including retail, e-commerce services, digital content and electronic devices, and web and infrastructure computing services. Some of their current and potential competitors have greater resources, longer histories, more customers, and/or greater brand recognition, particularly with their newly-launched products and services and in their newer geographic regions. They may secure better terms from vendors, adopt more aggressive pricing, and devote more resources to technology, infrastructure, fulfillment, and marketing.
Their Expansion into New Products, Services, Technologies, and Geographic Regions Subjects Us to Additional Business, Legal, Financial, and Competitive Risks They may have limited or no experience in their newer market segments, and their customers may not adopt their new offerings. These offerings may present new and difficult technology challenges, and they may be subject to claims if customers of these offerings experience service disruptions or failures or other quality issues. In addition, profitability, if any, in their newer activities may be lower than in their older activities, and they may not be successful enough in these newer activities to recoup their investments in them. If any of this were to occur, it could damage their reputation, limit their growth, and negatively affect their operating results. The chart attached above highlights Amazon Revenue By Region.