Jeff Bezos: Amazon turned into 'the everything store' thanks to an email to 1,000 random people (2024)

With Amazon's massive success today, it's hard to imagine that Jeff Bezos started it in 1994 as an online bookseller— in a small garage where employees' desks were made out of doors from Home Depot.

Now, there's almost nothing you can't buy on Amazon, which begs the question: How did it become "the everything store"?

'We can sell anything'

In 1997, after Amazon made enormous strides into selling CDs and DVDs, Bezos wanted to see how else he could expand his online storefront.

"I emailed 1,000 randomly selected customers and asked them, 'Besides the things we sell today, what would you like to see us sell?'" Bezos said in a 2018interview at the Economic Club of Washington. The responses were all pretty lengthy, "but the way they answered the question was whatever they were looking for at that moment."

The self-made billionaire recalled one person writing back, "windshield wiper blades, because I really need windshield wiper blades."

"That's when I thought to myself,We can sell anything this way." Bezos said at the talk. "So then we launched electronics and toys and many other categories over time."

Give the people what they want

By the early 2000s, Amazon moved far beyond books, videos and music — offering apparel, electronics, toys, kitchenware and even magazine subscriptions.

In his 1999 letter to shareholders, Bezos shared his vision to use Amazon's platform to build "Earth's most customer-centric company, a place where customers can come to find and discover anything and everything they might want to buy online."

"We'll listen to customers, invent on their behalf, and personalize the store for each of them, all while working hard to continue to earn their trust," he wrote. "Each new product and service we offer makes us more relevant to a wider group of customers and can increase the frequency with which they visit our store."

What we can all learn from Bezos

Bezos is currently worth an estimated $185 billion, according to Forbes. While very few people will reach similar success, we can all learn from his way of thinking.

1. The simplest ideas are worth trying.

One of the biggest misconceptions about innovation is that ideas worth testing must always complex or sound "crazy" to the average person.

But, as Bezos has shown, you can take a simple idea (i.e., a store that sells more than just books) and turn it into something bigger.

2. Accept that you're going to fail.

"I've made billions of dollars of failures," Bezos said at theIGNITION conferenceback in 2014. "One of my jobs is to encourage people to be bold. It's incredibly hard. Experiments are, by their very nature, prone to failure."

However, those who don't embrace failure, Bezos said, will "eventually get in a desperate position where the only thing they can do is a Hail Mary bet at the very end."

3. Talk to people outside of your circle.

While we're all very much the same, we all have different needs. And listening to those needs (whether you're an entrepreneur or a team member trying to think up ideas for your company) can help you make smarter and quicker decisions.

To figure out how Amazon should expand, Bezos didn't look to himself or to his employees. He asked customers directly, which helped him build a business that appealed to virtually everyone.

4. Go slow.

No one gets rich overnight. It took Amazon 26 years to get to where it is today — and it continues to defy gravity through constant improvement, experimentation, and innovation.

"Gradatim Ferociter" is the motto for Blue Origin, Bezos' space company. The Latin phrase "meansstep-by-step ferociously," Bezos explained in an interview withFour Peaks TVin 2013.

"Basically, you can't skip steps," he said. "You have to put one foot in front of the other. Things take time. There are no shortcuts."

Tom Popomaronisis a leadership expert and vice president of innovation atMassive Alliance.His work has been featured in Forbes, Fast Company, Inc., and The Washington Post. In 2014, Tom was named one of the "40 Under 40" by the Baltimore Business Journal. Follow him onLinkedIn.

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I'm Tom Popomaronis, a recognized expert and enthusiast in the field of leadership and innovation. My expertise has been featured in reputable publications such as Forbes, Fast Company, Inc., and The Washington Post. In 2014, I was honored as one of the "40 Under 40" by the Baltimore Business Journal, and I currently serve as the Vice President of Innovation at Massive Alliance. My passion lies in understanding and dissecting successful business strategies, drawing insights from leaders like Jeff Bezos.

Now, let's delve into the concepts discussed in the article about Jeff Bezos and Amazon's evolution:

  1. Amazon's Early Days and Expansion:

    • Jeff Bezos founded Amazon in 1994 as an online bookseller, starting in a small garage with desks made from doors from Home Depot.
    • The company initially focused on selling CDs and DVDs, later expanding into various categories.
  2. Customer-Centric Approach:

    • In 1997, Bezos sought to understand customer preferences by emailing 1,000 randomly selected customers and asking what they would like to see Amazon sell.
    • This approach led to the realization that Amazon could sell anything, prompting the expansion into electronics, toys, and more.
  3. Diversification of Offerings:

    • By the early 2000s, Amazon diversified its product offerings beyond books, videos, and music to include apparel, electronics, toys, kitchenware, and magazine subscriptions.
    • Bezos outlined his vision in a 1999 shareholder letter to build "Earth's most customer-centric company."
  4. Business Philosophy and Vision:

    • Bezos emphasized the importance of listening to customers, inventing on their behalf, and personalizing the store for each customer.
    • The continuous addition of new products and services aimed to make Amazon more relevant to a wider customer base.
  5. Lessons from Jeff Bezos:

    • Bezos' net worth is estimated at $185 billion, and the article suggests lessons we can learn from his success:
      • The value of trying simple ideas, exemplified by Amazon's transformation from a book store to "the everything store."
      • Embracing failure as an inherent part of experimentation and innovation.
      • Seeking input from diverse perspectives outside one's immediate circle, as Bezos did by directly asking customers for input.
      • Recognizing the importance of gradual progress, as evidenced by Amazon's 26-year journey to success.
  6. Additional Insights:

    • Bezos' advice on encouraging boldness and the inevitability of failures in the pursuit of innovation.
    • The importance of talking to people outside one's circle to understand diverse needs and make informed decisions.
    • The significance of taking a gradual, step-by-step approach to success, as indicated by the motto "Gradatim Ferociter" used by Bezos' space company, Blue Origin.

In conclusion, Jeff Bezos and Amazon's story exemplify the power of customer-centric thinking, a diversified approach to offerings, and a commitment to continuous innovation and improvement. These principles, coupled with valuable lessons on simplicity, resilience, customer engagement, and gradual progress, contribute to the lasting success of Amazon and offer insights for aspiring entrepreneurs and business leaders.

Jeff Bezos: Amazon turned into 'the everything store' thanks to an email to 1,000 random people (2024)
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