How Big is Amazon, Really?
How Big is Amazon, Really?
Did you know?
Amazon.com’s name is well-chosen. The word “Amazon” has come to be associated with large size, and to say that this online company is big would be an understatement. From the numbe...
r of markets they serve to the number of items, number and size of fulfillment warehouses, etc. — most everything about Amazon.com is BIG, even behemoth.
Amazon.com: The Company
Revenue by Year
Amazon sales revenue has grown steadily lately, despite the thin profit margins the company is known to operate on. The expected sales/ revenue for 2013 was estimated at $75B. For Q2 and Q3 2013, here are the financials:
General Amazon.com Facts and Figures
Some general facts about the company:
50 fulfillment centers in the U.S., with more being built — some with 1.2M square feet of floor space.
A look at the bottom of their web page indicates operations in 12 markets besides the USA: Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Spain, United Kingdom.
The main Amazon.com site, at the time of writing, had links to 29 other websites serving various markets — either as a division of Amazon, or as a partner the Amazon had invested in.
20,000+ retail outlets selling Kindle devices.
# of employees: stayed under 20K from 2005-8; is over 80K in 2012
Around 97K full- and part-time employees as of Q2’13 report in Jul 2013 — an increase of 40% from the same time in 2012.
Employee stock options vest later than for other companies, with 5% paid at the end of the first year, 15% in the 2nd year, 20% every six months in the last 2 years.
Employees in Seattle get free transit cards for all-you-can-ride use, or get reimbursed $180 of the $220 monthly that parking costs in South Lake Union. However, this was not always the case, especially in the 1990s.
Avg salary for Amazon warehouse Associate employe: $23,852.
Employee retention is the lowest compared to several other Fortune 500 companies (based on surveys of 250K employees).
Amazon vs the Competition
Amazon has repeatedly used their online market power and capital to force their competition to be bought or give up by pricing items with little or sometimes zero margin. They’ve occasionally even tried to fight the government, re online sales tax.
Jeff Bezos: The Power of an Entrepreneurial Titan
Amazon has made Jeff Bezos, founder and CEO, a powerful man. In fact, he made it to the top of Vanity Fair’s 2013 Power List:
In addition to being an entrepreneur, he’s also a philanthropist, with his extracurricular activities sometimes intersecting both categories$250M is what Bezos paid for the Washington Post newspaper in Oct 2013.