Amazon Disruption

What started with just selling books online is now a multi-billion dollar company that offers products and services that span across multiple industries. In the process of Amazon’s development, they have caused immense competition in the industries they operate in. Below are some of many they have disrupted.

Amazon began with only selling books online and it eventually got large enough to take down the businesses of several book stores. Before Border’s official shut down, it relied on Amazon for its profits on online sales. Not only are book sales in brick-and-mortar stores suffering, but online sales of those stores are also at a decline. Amazon dominates over 50% of online physical book sales.

Amazon also has its foot in several other industries, but they pose significantly less disruption.

Amazon has advanced so far since its initial launch. Though its involvement in different industries causes tremendous competition for other companies in those respective industries, Amazon’s goal, nevertheless, is to become the go-to marketplace. In order for Amazon to be in that position, it is inevitable that they break into new industries and improve on existing ones. In the next decade, it won’t be surprising to see Amazon become the online place for everything one can think of.

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