Amazon makes money primarily through its e-commerce retail operations, but the company has also diversified into various other businesses and revenue streams. Here are some of the ways Amazon makes money:
Online retail: Amazon's core business is online retail, which includes selling a vast range of products through its website, mobile app, and other online channels.
Amazon Web Services (AWS): AWS is a cloud computing platform that provides businesses with a range of services, including storage, computing power, and databases. AWS is a major source of revenue for Amazon and is used by many large companies worldwide.
Advertising: Amazon has a significant advertising business that allows brands to advertise their products on Amazon's platform. The company also owns the streaming platform Twitch, which generates revenue through advertising and subscriptions.
Subscription services: Amazon offers several subscription services, including Amazon Prime, which provides customers with free shipping, access to streaming services, and other perks.
Third-party seller services: Amazon allows third-party sellers to sell products on its platform, and the company takes a commission on each sale.
Physical stores: Amazon owns several physical stores, including Whole Foods Market, Amazon Go, and Amazon Books, which generate revenue through in-store sales.
Overall, Amazon's revenue comes from a combination of these sources, with online retail and AWS being the primary drivers of revenue.https://amzn.to/3Zm5Duz
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