How Amazon Will Ride Big Data To $1 Trillion Market Cap

By Jon Markman,  Contributor
In 1994, Amazon set out to change the world. Its initial public offering three years later valued the company at just $461 million. Today it’s worth $360 billion, a gain of roughly 50,375%.

Is it possible, though, that the company is just getting started? That’s the surprise prognosis of Scott Galloway, a New York University business professor, and founder of the legendary marketing firm L2. He believes the Seattle retailer is on the verge of explosive growth as it transforms its fast-growing Prime subscription service into the perfect, frictionless omni-channel retail experience. As investors realize the potential scale, Galloway posits Amazon shareholders will be rewarded with the first $1 trillion market valuation.

 

“They might be able to take Prime households from $1,300 per year to $10,000 by basically saying we’re going to fulfill everything you need,”said Galloway in a recent YouTube interview with L2 co-founder Maureen Mullen.

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How Amazon Will Ride Big Data To $1 Trillion Market Cap

In 1994, Amazon set out to change the world. Its initial public offering three years later valued the company at just $461 million. Today it’s worth $360 billion, a gain of roughly 50,375%. Is it possible, though, that the company is just getting started?

 

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Eric Axelrod

President & Chief Architect at DIGR
I have helped companies bring new data driven products to market, drive efficiency out of their supply chain, execute strategic plans, and drive top line and bottom line growth by enabling every business function with actionable analytics. I can transform a business which is lacking critical insight into an agile, strategic, data driven organization.

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