Barnes & Noble

995

-Offers a variety of items from books, electronics, computers, music, movies, apparel, toys, computers, etc...

-Amazon. has six global websites: Amazon.com, Amacon.co.uk, amazon.de, amazon.fr, amazon.co.jp and amazon.ca

-Amazon was incorporated in 1994 in the state of Washington and reincorporated in 1996 in the state of Delaware

-Has been available to the public on the stock market since May of 1997

-Amazon.com works with companies such as Nordstrom's, Gap, Eddie Bauer, Urban Outfitters, Osh Kosh, Footlocker

Barnes & Noble

1873: From his home is Wheaton, Illinois Charles M. Barnes starts a small book business

1917: William Barnes, Charles's son travels to New York to negotiate with G. Clifford Noble and from a partnership, then opening the first Barnes and Noble

1987: Barnes and Noble acquires B. Dalton

1991: Barnes and Noble pioneers the super store concept that has huge location, wide selections of titles, experienced bookstore staff, warm atmosphere and cafes in stores

1993: Barnes and Noble goes public on the stock exchange on September28, 1993

In May 1997 Barnes and Noble opens it public site on the world wide web barnesandnoble.com

1999: barnesandnoble.com goes public on the stock exchange and raised $468 million and unprecedented amount for an internet company

Business Models

-Amazon.com's business model is still being proven to this day

-Barnes & Noble's business model is called Brick-and-Mortar retailing

-Brick and mortar retailing is when a company expands their business to the internet and by doing this develop new business and increase their profits

Amazon.com's Advantages

-Innovative

-Customer Focused

-Virtually Efficient

Barnes & Noble's Advantages

-Many retail stores that can connect with customers

-Have and established brand name

-Many years of industry knowledge

Amazon.com's Disadvantages

-Focused on way too many products

-Unable to physically connect with customers