Dear Shareholders

Amazon - 2014


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Show Notes:

  • Amazon's business strategies and success. 0:00

    • Amazon's CEO highlights three life-long business partners: marketplace, prime, and AWS.

    • Amazon's hybrid model of selling products from both Amazon and third-party sellers has been successful, accounting for 40% of units sold worldwide.

    • Amazon's global expansion and Prime benefits. 3:12

      • Amazon expands global marketplace, helping sellers reach customers worldwide.

      • Amazon launched Prime 10 years ago with free and fast shipping, despite being told it was risky.

      • Amazon's business strategies and growth. 7:43

        • Amazon invests in original content for Prime Instant Video, with positive impact on membership and sales.

        • Amazon Prime Now offers free 2-hour delivery on 1000s of items in select cities, with one-hour delivery available for a fee.

        • FBA (Fulfillment by Amazon) completes the circle between marketplace and Prime, providing more sales for sellers and more Prime-eligible selection for members.

        • AWS growth driven by speed, agility, and cost savings for customers and enterprises.

        • AWS adoption and innovation. 14:00

          • AWS helps IT departments complete tasks faster and more efficiently.

          • Amazon Aurora offers 5x better performance at 1/10th the cost of commercial databases.

          • Amazon's business strategies and growth. 16:58

            • AWS leadership position and customer satisfaction drive growth and profitability.

            • Amazon launched the Career Choice Program, prepaying 95% of tuition for in-demand fields like airplane mechanic or nursing, with over 2000 participants in 8 countries.

            • Amazon aims to draw great talent to serve customers in fulfillment and customer service centers, with a focus on career choice and innovation.

            • ...more
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              Dear ShareholdersBy Brock Briggs