Matt Argall and Jeff Bezos Are Looking to Expand Their Businesses to India
(firmenpresse) - MIAMI, FL -- (Marketwired) -- 10/23/14 -- Amazon founder and CEO Jeff Bezos recently announced at a meeting of the Federation of Indian Chambers of Commerce and Industry that the world's largest e-tailer is expanding into India. Amazon will be setting up three data centers in India to handle its expanding cloud services, Amazon Web Services. The company estimates it as a $2 trillion opportunity, with completion targeted for late 2015. Hand in hand with that expansion, Amazon is also working directly with small and medium-sized Indian businesses in an outreach program designed to train them to use the tools, techniques, and processes to promote and expand their business online. Florida-based technology entrepreneur is also looking at India for business expansion, particularly in conjunction with his new platform of social media monetization he recently announced.
Internet opportunities are exploding in India. Amazon launched its marketplace in the country just last year, and it is already closing in on $1 billion in gross sales. "Amazon has identified and moved with amazing speed and its customary efficiency," said Matt Argall. "India is a fantastic country for the rapid adoption of technology because of the high value placed on education and the inherent inventiveness of its people. I am excited to be exploring how we might work with local businessmen and women to teach them some of the proven techniques to monetize their work online through various ecommerce and social media platforms."
Big businesses, with their already established reputation, have a distinct edge in monetizing social media platforms. However, there are still great possibilities for any company to build an online presence and brand awareness. "With the right idea, size doesn't matter thanks to the power of the internet and the web of social media that has the potential to spread that message widely," said Argall. "One of the techniques is to create a dialogue through social media which increases brand awareness and builds a relationship with a customer base. With my company's dedication and experience in ecommerce, we feel poised to help the Indian market benefit from today's rapidly evolving technological revolution."
was an early adopter of ecommerce platforms and emerging technology. At the age of 17, he founded his first business venture using the then just-emerging eBay platform. Using a novel approach at the time, Matt and his business partner bought products at wholesale and then auctioned them on eBay, sending them directly to the customer to cut out overhead and deliver a less expensive product than their competitors. With his keen eye for innovation, he is adept at finding great investment opportunities before they go mainstream. He has founded a number of companies and bases his current business in Miami, Florida, where he lives with his wife Maya and their son.
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Datum: 23.10.2014 - 04:04 Uhr
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