Aside from TED talks, it’s not often that I sit transfixed for 8 minutes watching an online video.
But I’m glad I made an exception for Jeff Bezos, who founded the mighty Amazon fifteen years ago.
If there was ever a testament to the power of great customer service and social media, this is it. Amazon have bought Zappos – a superstar online shoe-shop with a reputation for extraordinary customer service – for a whopping $928 million.
The three founders of Zappos figured that, rather than spend shed loads of cash on advertising, they would instead develop an exceptional company culture, and leave it to delighted customers and a buzzing workforce to spread the word. And that’s exactly what’s happened. As annual revenues hit the $1billion mark, we couldn’t help but notice the overwhelming positive chatter across Twitter and an army of blogs.
So, will the buyout by Amazon damage Zappos reputation? Well, it shouldn’t. As you can see from the video, Mr. Bezos states that this exceptional focus on the customer was the very reason behind the decision.






