New private-label line gives customers quality consumer electronics at lower prices – and in easy-to-open, Amazon Frustration-Free Packaging
SEATTLE--(BUSINESS WIRE)--Sep. 19, 2009-- Amazon.com, Inc. (NASDAQ:AMZN) today announced the launch of AmazonBasics (www.amazon.com/AmazonBasics), a new private-label collection of consumer electronic “basics” created for customers who want exceptional value. The AmazonBasics line currently includes audio video cables and blank DVD media, with additional accessories and other items to be added in the coming months.
“We saw an opportunity to create a line of consumer electronics basics that combine quality and low prices for an overall focus on value,” said Paul Ryder, vice president of Consumer Electronics for Amazon.com. “We drew on our history of developing other private-label brands and combined that with our mission to give customers the ultimate in selection and value. AmazonBasics is the result. We will continue to gather input from customers and evaluate opportunities for new products under the AmazonBasics brand. We aim to offer our customers as wide a selection as possible, and we think AmazonBasics makes a great addition to the brands we already carry.”
The AmazonBasics line currently features a growing assortment of blank DVD media, cables and accessories, which are available now in the U.S. on www.amazon.com, with plans to introduce the line on Amazon’s international sites over the coming months.
All AmazonBasics products ship in Amazon.com’s Frustration-Free Packaging (www.amazon.com/frustration-free), which is easy-to-open and made from recyclable cardboard, alleviating plastic clamshells, wire ties and excessive packaging. AmazonBasics products are eligible for FREE Super Saver Shipping or FREE Two-Day Shipping with Amazon Prime (www.amazon.com/prime). Like all products sold on Amazon.com, customers can compare prices, do research, read customer reviews and see what other customers have purchased after viewing these products. AmazonBasics products include a one-year warranty.
Amazon.com, Inc. (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com, Inc. seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Electronics & Computers; Home & Garden; Toys, Kids & Baby; Grocery; Apparel; Shoes & Jewelry; Health & Beauty; Sports & Outdoors; and Tools, Auto & Industrial.
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As used herein, “Amazon.com,” “we,” “our” and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.
Source: Amazon.com, Inc.
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