amazon 06 - innovation strategy
Post on 13-Sep-2014
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“When a company comes up with an idea, it’s a messy process. There’s no aha moment,” Jeff Bezos, Amazon.comTRANSCRIPT
Pere Joan Ribas Barceló
Amazon.com Innovation Strategy
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CIEE Study Center in Palma de Mallorca Entrepreneurship and Innovation Course
Pere Joan Ribas Barceló [email protected]
Innovation
Aha! Moment?
“When a company comes up with an idea,
it’s a messy process. There’s no aha moment,”
Jeff Bezos Amazon.com
Going from A to B it is a long road of trial-and-error
learning…
Innovation
Amazon invested heavily in R&D to develop its own dedicated hardware reading device. The first Kindle was released in 2007, three years before the Ipad.
Kindle 2 was released in February 2009 positioning Amazon as an innovative and disruptive company.
Innovation
§ 234
Turning the idea !into a product
“To turn an idea into a successful product
you need a combination of
stubborn relentlessness and
flexibility”
Jeff Bezos Amazon.com
Innovation
Amazon drones
Innovation
Amazon Locker is a self-service delivery location to pick up packages. It allows customers to use an Amazon Locker location instead of delivering a package at home or business address, and pick up the parcel at any time. Once the parcel is delivered in the Amazon Locker, customers receive a notification with a unique pick-up code to open the locker.
Innovation
At some point Amazon will stop buying products from the manufacturer to print the products in its own fulfilment centers. This disruptive innovation will allow Amazon to improve its logistics network and
reduce once again customer´s costs.
3D Printing
Innovation
Blue Origin
Blue Origin is a personal Bezo’s venture firm created in 2000 The company is developing technologies to enable private humans to access the space with the goal of
dramatically lowering costs of space tourism
Amazon Innovation
1999 2000 2006 2009 2010 2011 2012 2013 2014 2015
Is an easy way to preload a customer’s information to do
a purchase process with a single click
Price, selection, and convenience are at the core of Amazon’s disruptive innovations
Amazon Recommendations
Improving shopping experience
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Amazon.com TIMELINE
1994 Company started July
Amazon Timeline
1995 April 3, 1995 fist order
1996 first page of WSJ
1997 Amazon’s IPO
1998 CDs and DVDs expansion
1999 Toys and Electronics expansion
2000 Dot-com bubble MARKETPLACE First offline alliance
2001 Borders deal
2002 Launces Amazon Web Services (AWS)
2003 jewellery
2006 Amazon Fresh
2007 Kindle Mp3
2010 Amazon Video
2011 Kindle Fire
2014 Fire Tv Smartphone
2015 Prime Air ?
2004 Shoes
2005 Amazon prime
2008 Amazon Games
2009 Kindle 2
2012 Kindle fire HD
2013 Amazon Art
§ The Everything store: Jeff Bezos and the age of Amazon, Brad Stone (2013)
§ One Click: Jeff Bezos and the Rise of Amazon.com, Richard L. Brandt (2011)
§ The Age of the Platform: How Amazon, Apple, Facebook, and Google Have Redefined Business, Phil Simon (2011)
§ Inside the Giant machine: An Amazon.com Story, Kalpanik S. (2011)
§ Amazon.com: Get Big Fast, Robert Spector (2002)
§ Amazon Top Seller Secrets: Insider Tips from Amazon's Most Successful Sellers(2009)
Bibliography
Videos
§ Amazon's Truth Behind the Click BBC Documentary
§ Amazon.com Full Story - World Biggest Online Retailer Revealed
§ Exclusive Interview with Jeff Bezos - Founder & CEO of Amazon
§ Amazing Amazon Story - Jeff Bezos Full Speech
§ TED: Jeff Bezos: The electricity metaphor
§ Amazon's Jeff Bezos looks to the future
§ Four Peaks: My interview with Jeff Bezos
§ Inside Amazon: Secrets of an Online Mega-Giant
§ Amazon's Truth Behind the Click
§ Jeff Bezos at the Stanford Graduate School of Business
§ Jeff Bezos on Amazon, Innovation, Customer Service, Kindle
§ Jeff Bezos discusses Amazon Business Model and Mission
Thank you for your attention
Internet companies series!