Amazon’s Staggering Success

This video from BuzzFeed presents 12 interesting facts about Amazon, the e-commerce giant.

There are some shocking statistics shared in the video, including the fact that Amazon’s warehouses have more square footage than 700 Madison Square Gardens!

Amazon is a good example to start off the investigation into websites and their revenue. Last year, Amazon reported on their Corporate Press site the financials for the 2015 Fiscal Year.

Net sales increased 20% to $107.0 billion, compared with $89.0 billion in 2014. Excluding the $5.2 billion unfavorable impact
from year-over-year changes in foreign exchange rates throughout the year, net sales increased 26% compared with 2014.

Amazon, like other top websites, is attaining an increasing presence online as more people acquire Internet access.

The question that many may ask remains. How does Amazon do it? They offer extremely cheap prices and keep their customers satisfied.

Amazon has a specific way of generating web revenue, not unlike Google or even Facebook.

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