What Does Amazon Actually Do?
Amazon is one of the most well-known companies in the world, but many people don’t know exactly what it does. This article will explore the different businesses that Amazon operates and how they make money.
E-commerce
Amazon is the world’s largest online retailer, selling a wide variety of products from books and electronics to clothing and home goods. Amazon’s e-commerce business is what most people think of when they think of the company.
Amazon makes money from e-commerce by selling products at a profit. The company also charges shipping fees and other fees to its customers.
Cloud computing
Amazon is also a major player in the cloud computing market. Amazon Web Services (AWS) provides a wide variety of cloud computing services to businesses, including storage, compute, and networking services.
Amazon makes money from cloud computing by charging businesses for the use of its services. AWS is one of the most popular cloud computing platforms in the world, and Amazon is a major beneficiary of this growth.
Digital advertising
Amazon is also a major player in the digital advertising market. The company sells advertising space on its website and in its mobile app. Amazon also offers a variety of advertising services to businesses.
Amazon makes money from digital advertising by selling advertising space to businesses. The company also makes money from its advertising services.
Other businesses
In addition to its core businesses, Amazon also operates a number of other businesses, including:
- Amazon Prime Video: A streaming video service
- Amazon Music: A music streaming service
- Amazon Kindle: A line of e-readers and tablets
- Amazon Echo: A line of smart speakers
- Amazon Robotics: A developer of robotics technology
These businesses help Amazon to diversify its revenue streams and to reach new customers.
Conclusion
Amazon is a diverse company with a wide range of businesses. The company’s core businesses are e-commerce, cloud computing, and digital advertising. Amazon also operates a number of other businesses, including streaming video, music streaming, e-readers, smart speakers, and robotics. Amazon’s diverse businesses help the company to generate revenue and to reach new customers.
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