Difference Between Amazon and Wayfair (With Table)

Amazon is a technology company. They sell furniture, clothes, food, electronics, smart gadgets, toys, etc. on their e-commerce website. They also have an application for smartphones through which customers can buy things and can pay for them online. Amazon is one of the most popular brands in the world. Amazon’s net worth is in billions.

Wayfair is an e-commerce platform that sells furniture and home decor. Wayfair is an American company. They have millions of options in furniture for the home, office, institutions, kitchens, etc. They sell material for bedrooms and bathrooms, and home decor items as well. Wayfair’s net worth is in millions.

Comparison Table Between Amazon And Wayfair

What is Amazon?

Amazon is an e-commerce company. It is an American technology company that was founded in 1994, in the United States by Jeff Bezos. It was first known as Cadabra in 1994-95. Amazon is a multinational company.

The CEO of the company is Andy Jassy. The headquarters is in Seattle, Washington. Amazon started as a book-selling e-commerce site which is now the world’s one of the most valuable brands. Also, Amazon is now the US’s second-largest private employer.

Amazon is one of the best five information technology companies in the US. Amazon works on artificial intelligence, E-commerce, cloud computing, and digital streaming.

Amazon sells everything through its e-commerce website and web application. It sells electronics, books, food, clothes, accessories, furniture, Smart Gadgets, video games, toys, etc, in short, it is an all-in-all online market.

Indeed, Amazon had a new feature known as Amazon prime through which you can download and stream new movies, series, and documentaries. Amazon also launched Amazon music for music facility. Amazon provides every online service that can be available in the world. And therefore, it is known worldwide. Amazon also has a publishing arm known as Amazon Publishing. they also have a film and television studio known as Amazon Studios.

What is Wayfair?

Wayfair is an e-commerce company. It was founded 19 years ago in August 2002, by Niraj Shah and Steve Conine. The company was formerly known as CSN stores. Their headquarters is in Boston, Massachusetts. They have many offices and warehouses in the United States including in Canada, Germany, United Kingdom, and Ireland.

It is an American company that sells home goods and furniture. It is a digital platform to buys goods. They offer about 14 million items in different designs. They have over 11,000 global suppliers.

Their goods include Home decor, office decor, Bed materials, bath materials, Luggage items, Lighting items, home renovation goods, and furniture for home, institution, office, and kitchen, etc. The company sells garden tools as well.

Wayfair has five brand retail websites. Their official website is “wayfair.com”. Wayfair has over 16,900 + employees as they last stated. Their net worth is US$ 185.00 million with a revenue of $14.145 billion as of 2020.

Wayfair provides the facility of delivering goods almost all over the world. Their services are quite good. They have a million options customers can opt from for their furniture and goods. The quality is good and they have received positive reviews as well as negative reviews so far.

Main Differences Between Amazon And Wayfair

1. Amazon is a technology company that emphasizes e-commerce, cloud computing, artificial intelligence, and digital streaming. While Wayfair is an e-commerce company.
2. Amazon online sells electronics, food, books, smart gadgets, clothes, etc, overall, everything while Wayfair is an online platform to sell furniture and home decor only.
3. Amazon’s net worth is much more than Wayfair’s. Indeed, Amazon’s revenue is also more than that of Wayfair’s.
4. Amazon is one of the most valuable brands in the world while Wayfair is not that popular.
5. Amazon was found 27 years ago while Wayfair was found 19 years ago.
6. As of 2020, Amazon is the second-largest company as a private employer. Wayfair is not in the top 5 list.

Conclusion

Amazon is a technology company owned by Jeff Bezos. It is an e-commerce retailer along with IT, cloud computing, and digital streaming. Amazon is a very big company, one of the world’s most valuable companies. Amazon introduced Amazon prime on which you can stream movies and series. And Amazon also owns a publishing house and a studio.

Wayfair is an online e-commerce platform that sells furniture for homes, institutions, offices, and kitchens as well. Wayfair was founded in August 2002. Wayfair is an online platform for selling goods as well but it is not as popular as Amazon. Indeed, Amazon’s net worth is much more than Wayfair’s.

Amazon is one of the top 5 brands in the global top hundred brands while Wayfair is in the list of Global top 1000 brands. Amazon has got positive reviews mostly while Wayfair got positive as well as negative reviews. Amazon is a better option overall with benefits for Prime members, and they have less expensive products as well.

References

1. https://validquestions.com/questions/dbs-c01-demo-file.pdf
2. https://heinonline.org/hol-cgi-bin/get_pdf.cgi?handle=hein.journals/camplr41&section=25