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Difference Between Amazon and Barnes and Noble

Innovation has seen the creation of many products and services, as well as creative ways of availing the products to consumers. While some businesses may have adopted modern methods of trade, others still use traditional methods. Amazon and Barnes and Noble are some of the companies currently operating worldwide. Either of them is managed independently, hence has differences in terms of products, policies and even the scope of operation. 

 

What is Amazon?

Amazon is an e-commerce based technological company and is the most valuable company in the world. Among its major focus areas include e-commerce, artificial intelligence, and cloud computing. It was founded by Jeff Bezos on July 5 1994 and has expanded with a revenue of over $232 billion as per the year 2018. Among the services and products offered include Amazon studios, Amazon Prime, Amazon Fresh, Alexa, Kindle, Music Unlimited, Amazon studios, Amazon wireless, Fire TV and Echo, among others. Amazon also owns over 40 subsidiaries including Amazon Maritime, Audible.co, Brilliance Audio, Zappos, Goodreads, Twitch, Jingle and Whole Foods Market, just to name a few. 

 

What is Barnes and Noble?

Founded in 1873 by Charles Barnes, William Barnes, G. Clifford Noble and Leonard Riggio in New York, Barnes and Noble is the largest bookseller specifically in retail in the United States. It especially retails digital media, educational and content products, with over 680 retail stores in 50 states. These include music, toys, graphic novels, games, tablets, magazines, magazines, and newspapers, just to name a few. It is a publicly owned company with a revenue of US$4 billion. Among other products available at Barnes and Noble are Spark Notes and Nook. 

 

Similarities between Amazon and Barnes and Noble

  • Both are located in the United States of America
  • Both are public listed companies

 

Differences between Amazon and Barnes and Noble

  1. Founders

While Amazon was founded by Jeff Bezos, Barnes and Noble was founded by Charles Barnes, William Barnes, G. Clifford Noble, and Leonard Riggio. 

  1. Date founded

Amazon was founded on July 5 1994. On the other hand, Barnes and Noble was founded in 1873. 

  1. Products

Among the products and services provided by Amazon include Amazon studios, Amazon Prime, Amazon Fresh, Alexa, Kindle, Music Unlimited, Amazon studios, Amazon wireless, Fire TV and Echo. On the other hand, Barnes and Noble provides digital media, educational products such as music, toys, graphic novels, games, tablets, magazines, magazines, and newspapers.

  1. Area of operation

While Amazon operates globally, Barnes and Noble operates in the United States of America. 

  1. Revenue

Amazon had an approximate revenue of $232 billion as per the year 2018 while Barnes and Noble had an approximate revenue of US$4 billion as at 2016. 

  1. Mode of business

While Amazon operates both retail stores and an e-commerce platform, Barnes and Noble operates retail stores. 

Amazon vs. Barnes and Noble: Comparison Table

 

Summary of Amazon vs. Barnes and Noble

While Amazon and Barnes and Noble may have different products, services and policies, their role in the business world cannot be ignored. The two act as a bridge between the producers and consumers, while also catering to the people’s needs. Their role in economic growth as well as creating employment is an essential aspect in any businesses. 

 

Tabitha Njogu

Tabitha graduated from Jomo Kenyatta University of Agriculture and Technology with a Bachelor’s Degree in Commerce, whereby she specialized in Finance. She has had the pleasure of working with various organizations and garnered expertise in business management, business administration, accounting, finance operations, and digital marketing.

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References :


[0]Tian X & Martin B. Books, Bytes and Business: The Promise of Digital Publishing. Routledge Publishers, 2016.  https://books.google.co.ke/books?id=Rx_tCwAAQBAJ&pg=PA208&dq=Difference+between+amazon+and+barnes+and+noble&hl=en&sa=X&ved=0ahUKEwiWrtig2czgAhUJExoKHbbLAKIQ6AEIJjAA#v=onepage&q=Difference%20between%20amazon%20and%20barnes%20and%20noble&f=false

[1]Hunt B & Barnes S. E-Commerce and V-Business. Taylor & Francis Publishers, 2013.  https://books.google.co.ke/books?id=XrWFdgteOtQC&pg=PA97&dq=Difference+between+amazon+and+barnes+and+noble&hl=en&sa=X&ved=0ahUKEwiWrtig2czgAhUJExoKHbbLAKIQ6AEILTAB#v=onepage&q=Difference%20between%20amazon%20and%20barnes%20and%20noble&f=false

[2]Griffey J. Gadgets and Gizmos: Personal Electronics and the Library. American Library Association Publishers, 2010.  https://books.google.co.ke/books?id=mpWs5n3sJmAC&pg=PA12&dq=Difference+between+amazon+and+barnes+and+noble&hl=en&sa=X&ved=0ahUKEwiWrtig2czgAhUJExoKHbbLAKIQ6AEIQjAF#v=onepage&q=Difference%20between%20amazon%20and%20barnes%20and%20noble&f=false

[3]Image credit: https://www.flickr.com/photos/10542402@N06/7292966326

[4]Image credit: https://pixabay.com/es/photos/amazon-cuaderno-ordenador-portátil-447034/

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