Internet History Podcast 52. (Ch 7.1) The Birth of Amazon.com
16 snips
Feb 16, 2015 Dive into the revolutionary world of e-commerce as Amazon.com emerges as a game changer. Discover the fascinating life of Jeff Bezos and how his early experiences foreshadowed his groundbreaking vision. Explore the initial challenges of online shopping, from consumer hesitation to the struggle of early business models. Uncover the innovative journey of transforming a simple bookstore into a retail behemoth that has reshaped how we shop today.
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E-commerce Adoption
- E-commerce wasn't an obvious web application in 1994.
- Consumer trust was a major hurdle, as people hesitated to use credit cards online.
No Prior Art
- The internet had no history with commerce before 1994.
- Commercial activity was outlawed, leaving no prior examples for early e-commerce pioneers.
Early Dominance
- Early web companies rarely maintained dominance.
- Yet, Amazon and eBay, early e-commerce players, remain dominant today.
