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US$2 billion (2015) Number of employees. 1,500+. Parent. Amazon. Website. zappos.com. Zappos.com is an American online shoe and clothing retailer based in Las Vegas, Nevada, United States. [ 1 ] The company was founded in 1999 by Nick Swinmurn and launched under the domain name Shoesite.com.
In 2005, Amazon announced the creation of Amazon Prime, a membership offering free two-day shipping within the contiguous United States on all eligible purchases for a flat annual fee of $79 (equivalent to $123 in 2023), [14] as well as discounted one-day shipping rates. [15]
The concept of "buy one, get one free" was devised in the 18th century by retail entrepreneur Josiah Wedgwood. [2][3] This technique is commonly known in the marketing industry by the acronym BOGOF, or simply BOGO. [4][5]
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