JEFF BEZOS

He is the Founder of amazon.com.Jeff Bezos defined online shopping and rewrote the rules of e-commerce.

SOME IMPORTANT DATES

• Was born on Jan 12, 1964 in New Mexico

• In 1982 he graduates from High school and joins Princeton

• In 1988 joins Bankers Trust.

• In 1990 he became the youngest vice president in the history of Bankers Trust.

• 1993 : Marries McKenzie Bezos(Tuttle)

• 1994 : Wrote his business plan on his trip from New York to California

• 1994 : Quits his job at DE Shaw to start his own venture

• 1995,July 5: Amazon went online

• 1997 : Amazon.com begins trading at NASDAQ as AMZN at split-adjusted price of $1.5

• 1998 : Amazon.com expands to music CD’s

• 1999 : Amazon.com stock peaks at $113 per share but yet to turn a profit. Bezos is undeterred and focusses on expanding the company and building the brand.

• 1999 : Expands to toys, electronics, software and video games. Also launches amazon.com auctions.

• 1999 : Named Time’s Person of the Year, ranked No.19 on Forbes global rich list.

DOT COM BUBBLE BURST (1997-2000)

• When the dot-com bubble burst at the start of the 21st century, destroying many e-companies in the process, Amazon survived.

• 1999 – Lost $719 million

• 2000- Lost $1.4 billion

• Stock prices fell from $113 to $13

• Laid off 1300 employees

CHANGE IN FORTUNE

• 2001: Finally turns profit of $5 million in 4 th quarter

• 2002: Bezos’ fortune dwindles down to $1.5 billion dollars in Amazon stock ; no interest in pushing stock prices rather focus on customer as long term strategy

• 2004, Jan: Reports full year profit earning of $35 million for all of 2003

• 2006 : Annual sales over $10.7 billion

• 2007: Introduces Amazon kindle

• 2010: Kindle and e-book sales had reached $2.38 billion

• 2013 :revenues at Amazon.com Inc. totaled $74.5B USD, while annual earnings equaled $0.59 per share.

HIGH MACH

TYPE ‘A’

OPENESS TO EXPERIENCE

LEADERSHIP• Frugality

• Visionary

• Innovator

• Approachable

His religion- CONSUMERISMJEFF BEZOS – THE MARKETER

Surrogate Customers – “Customer Experience Bar Raisers”

I am the CUSTOMER

Software(SILK) BACKWARD INTEGRATION Books

FORDWARD INTEGRATION Hardware(KINDLE)

WHISPER SYNC

AWARDS & ACHEIVEMENTS• In 1990,at the age of 26 he became the

youngest vice president in the history of Banker’s Trust.

• He was named Time magazine's Person of the Year in 1999.

• In 2008, he was selected by U.S. News & World Report as one of America's best leaders.

• In 2012, Bezos was named Businessperson of The Year by Fortune.

• In 2013, Aug 5: Bought The Washington Post for $250 million.

• Bezos is listed as one of the wealthiest people in the world with an estimated net worth of $28 billion.

• He was ranked the second best CEO in the world by Harvard Business Review.

The Everything Store: Jeff Bezos and the Age of Amazon – Brad Stone.

Smile All The Way!!

THANK YOU