A Comparative Analysis of Overstock and Amazon

Amazon is an electronic commerce company. Amazon was founded in 1994 by Jeff Bezos who is still acting CEO of Amazon. Its headquarters is based in the Seattle, Washington. Amazon has expanded its reach from the United States to all over the world. Amazon has separate retail sites, and distribution centers in the United Kingdom,France, Italy, Spain, China, and Brazil. Amazon sells everything from books, houseware, electronics, and clothing. In the recent years Amazon has expanded into the world of live streaming music, television shows and movies. Amazon creates its own consumer products like Amazon Kindle, or Amazon FireTV and its new product Echo.

            Amazon is a company that was founded in the two-bedroom house of a man named Jeffery Preston Bezos in 1994. That simple fact is something that could never happen in an economy without

Amazon is a Fortune 500 e-commerce company based in Seattle, WA. It is one of the top companies that sells the most goods over the internet.

Amazon and Ebay are two well-known brands of online shopping sites. They have evolved and grown from small firms to the giants of e-commerce today. In this essay, a comparison would be made between the two firms.

Amazon.com was founded in 1994, it started by selling books online. As it grew, the company started offering various products and services. Some goods include: DVDs, videos, electronics, camera and photography, clothing apparels, shoes, and so forth. Other retailers have merged with Amazon.com to offer diverse quality of items based on different degrees of usage, such as new, refurbished, and used items. The company 's headquarter is in Seattle, Washington. It has six global websites that serves customers that are based in the United States, the United Kingdom, Germany, France, Canada, and Japan. Their website features: e-mail order verification, customer review on products, and one-click shopping.

Amazon.com Inc. was initiated by Jeff Bezos in 1994 after realizing the rapid rate at which the internet and websites were growing in popularity among business organizations and individuals. In 1995, the company started operating its website for selling books, videos, compact discs, computer software and computer hardware before being incorporated in1996 as an e-commerce company (Reuters, 2015). Apparently, the company offers may products and services for sale; these products include merchandise for resale products offered by third parties. In this regard the

Amazon.com, Inc., on May 28, 1996, started offering a range of products and services through on-line webpages. This new company began to offer products including merchandise and content that was purchased for resale from multiple vendors and sellers ranging from lots of third-party ways. The Amazon.com business has three different segments within its operating environment: Amazon Web Services, North America, and International make up the operating areas. The North American area for Amazon has segments that focus on the sales from retailers of consumer items or product from sellers through its website Amazon.com.

When looking at Overstock.com's last 10-K statement for 2005, there was one accounting policy within the document on how to handle inbound freight changes alerts investors that there will be some

Overstock.com is a huge online retailer based on Salt Lake City, UT in the United State. In 1999 overstock.com was launched by Dr.Partric M Byrne who stated clearly the successful mission to become the leading company that sells excess inventory through the Internet. It offers a variety of different products at clearance prices reaching around 1,000,000+ products on sites. The products include furniture, bedding and bath, home décor, housewares, jewelry and accessories, electronic and computers, TVs and video games, clothing, books and magazines, music and more, so its competitive position as an e.commerce company force the company to deliver value to its customers and suppliers with less wastage.

According to the company’s Vice President of International Retail, approximately half of Amazon’s revenue comes from outside the United States. For Amazon, global strategy means delivering a consistent customer experience based on their original vision: allow customers to discover the products they want to buy at the lowest price possible. It has its presence in many countries. Amazon has retail websites for many countries such as US, Canada, UK, France, Italy, Germany, Spain, Brazil, China, and Japan (see “Amazon Map” below) with international shipping to certain other countries for some of its

Headquartered in Settle, Washington DC, Amazon.com is a cloud computing electronic and commerce company (Amazon, 2016). The company is one of the largest internet based retailers both in the US and globally based on total sales and market capitalization. The company does a majority of its business through online retail websites throughout the United States and with more that ten countries throughout World. In 2015, Amazon overtook Wal-Mart to become the most valuable retailer by market capitalization.

Merchandise is obtained either by buying excess inventory, referred to as the company 's direct business, or by selling the merchandise of other retailers, catalogue companies, and manufacturers on a commission basis (Mann, 2005). Among their products are handmade goods produced for Overstock by workers in developing nations. The shopping business of the Overstock.com includes both a "direct" business and a "fulfilment partner" business. Products from the fulfilment partner segment are from various industry verticals, such as florist supplies, restaurant supplies, and office supplies (Wang, Liu Koong & Bai, 2009). Overstock.com form partnerships with companies such as Hewlett-Packard, Kenneth Cole, Simon & Schuster, Samsonite, and Cuisinart. These fulfillment partners, constituting the former commission side of Overstock.com 's business, drove the company 's revenue growth high and following its IPO.

Amazon, the largest internet-based retailer in the world by total sales and market capitalization, is an American electronic commerce and cloud computing company which founded on July 5, 1994, by Jeff Bezos and their principle corporate offices are located in Seattle, Washington， [Spelling mistake

Amazon.com, Inc.(Amazon) is an online retailer, which offers a variety of products and services through its website, they also produce and sell the Kindle e-Book reader. Amazon.com, Inc. is located at 410 Terry Avenue North, Seattle Washington 98109 5210, USA, Amazon is also located in Redlands, CA, Chattanooga, TN, Lexington, KY and numerous other locations. Jeff Bezos started Amazon.com, Inc. in 1994, and launched the Amazon.com website 1995, as a book retailer on Netscape, and AOL. In 1998 Amazon expanded by acquiring Bookpages, Telebook, Internet Movie Database, Planet All, and Junglee Corp, Then in 2004, Amazon struck a strategic alliance with the Bombay Company to sell their products on new e-commerce technology website and then entered the Chinese market by acquiring joyo.com, one of China’s largest online retailers of books, music, and videos. A year later in 2005, Amazon launch their own search engine and acquired BookSurge, the leader in book printing and fulfillment. In 2006, Amazon bought Shopbop.com retailing women fashion clothing and accessories and launched Endless.com for shoes and accessories. In 2007 dpriveiw.com, a digital camera information site, and Brilliance Audio, the largest audio book publisher in the US, joined Amazon’ expanding online retail portfolio. Company acquisition continued each year with

Amazon.com, Inc. is an Electronic Ecommerce Company which was founded in July 6, 1994 Seattle, Washington, U.S.A by Jeff Bezos. Bezos stands as Amazons Chairman, President and CEO at the company’s headquarters in Seattle, Washington. The Company is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. (Amazon.com, Inc. 2015) As of December 2014 Amazon Inc. employed 154,100 workers worldwide. (Amazon.com, Inc. 2015) According to Amazon.com, Inc. Press Release – January. 29, 2015 “operating cash flow increased 25% to $6.84 billion for the previous twelve months, compared with $5.47 billion for the previous twelve months ended December 31, 2013. Free cash flow