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Most people think of Amazon as an online shopping store, but it's actually much more than that. Over the past 22 years, Amazon has turned itself into a $275 billion juggernaut that sells everything from cloud-computing services to its own hardware gadgets. It will even be making approx $10 Bn in revenue this year from its cloud computing enterprise services. These 17 charts show just how scary its business really is.
Philippe J DEWOST's insight:
Which of these charts is the most surprising / amazing to you ? (I picked and display #13 as the growth of AWS is to me absolutely astounding and beyond imaginable proportions) 
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In case you hadn’t heard, China’s e-commerce giant Alibaba just had the world's biggest IPO in history. But if you thought Alibaba's revenue was explosive, get this: Based on estimates from The Economist charted for us by Business Insider Intelligence, Alibaba shoppers spend an average of $9,368 each second. This is an incredible feat, especially when you consider Amazon shoppers spend less than half of that value ($3,691) each second. Users on eBay, which once tried to compete with Alibaba in China, only spend about $2,775 each second. In other words, Alibaba sells a ton of stuff, and consumers feel very comfortable buying all of it.
Philippe J DEWOST's insight:
Drawning by numbers : Alibaba sales are so huge that they become meaningful when measured every second...
Yaroslav Writtle's curator insight,
September 24, 2014 4:00 AM
Alibaba's is one to follow - they have established a fantastic customer base and are expanding into payments and B2C |
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Cedexis has found through its customer base that improving page load time by one second decreases bounce rate by an average of 13.9% while improving conversion rate by an average of 27.3%
Philippe J DEWOST's insight:
Time is money and we are getting closer to the ability to value 1 second.
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It’s the scourge of stores everywhere: “showrooming,” the act of going to a store to see and touch a product, then using your phone to find and order the same item for a lower price online.
Some retailers have taken drastic measures to curb the practice, such as blocking barcodes. While likely futile, the effort to stop showrooming is an understandable if sometimes unsubtle reaction to fears of death by a billion clicks. But the world’s largest retailer hasn’t tried to build a fence to block showrooming. Instead, in an act of digital judo, Walmart is urging shoppers to get out their smartphones when they come into a store. “You’ve got to go where the customer wants you to go. We live in the age of the customer,” Walmart.com President and CEO Joel Anderson told Wired in an interview this week. “We’re embracing showrooming.”
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Which of these charts is the most surprising / amazing to you ?
(I picked and display #13 as the growth of AWS is to me absolutely astounding and beyond imaginable proportions)
Considering the way I purchase from Amazon, it's no surprise how big the company has grown. It is my go to for most everything if I can wait two days for prime shipping but must be most economical as well. Cloud computing growth - interesting & amazing!
Considering the way I purchase from Amazon, it's no surprise how big the company has grown. It is my go to for most everything if I can wait two days for prime shipping but must be most economical as well. Cloud computing growth - interesting & amazing!