Amazon is the worldwide leader in online retail business. The reason why it has been able to stay on top for so long is the constant innovations that it has been making. These innovations have helped Amazon in revolutionizing online shopping for more than two decades. Ever since its foundation in 1995, this company has tried to incorporate technology in their business models. This has helped Amazon in providing various facilities to online shoppers that weren’t available to them in the past. Whether it is one-click checkouts or elastic transcoders or even cloud computing, this company has time and again showed its commitment towards innovation.
Amazon was among the first ecommerce businesses to launch delivery of products using drone technology. The company is trying to get approval from the authorities for this new delivery system. Once approval is gained, customers will start receiving their shipments via drones. Aside from delivery systems, Amazon has invested heavily in automated warehousing too which has helped it in lowering costs and improving shipment speeds. The focus of the company with all of its innovations has always been the customers. Amazon has always strived to make online shopping as safe and simple for the customers as possible and have succeeded in their efforts too.
The latest innovation that Amazon has been working on is the Amazon Go stores. They are brick-and-mortar stores which do not have long queues of customers waiting to checkout. These Amazon Go stores scan your Smartphone upon entry and then allow you to roam the store and pick whichever item you need. The store tracks the items you pick off the shelves using advanced technology and then charges your Amazon account after you have left the store. This new retail shopping experience provided by the company to its customers has caught the eye of the customers and is set to revolutionize grocery shopping in the future.