Amazon is one of the most popular online stores.
It’s the go-to for everything. Many flock to the site for its large selection and competitive pricing, but not everything on there is cheap. Let’s take a look at the most expensive items on Amazon and who they’re suited for.
The History of Amazon
Jeff Bezos founded Amazon in 1994 as an e-commerce company based in Seattle, Washington. You’ll likely remember that it started out as an online bookstore which quickly diversified by adding video games, electronics, music and DVDs. It initially promised to deliver any book to any reader anywhere in the world. Time magazine named Bezos the Person of the Year just five years after Amazon's launch.
Bezos argued that Amazon was not just a retailer of consumer products, but a technology company which simplified online transactions for customers. During its early days, doubters claimed that Amazon would lose in the marketplace to established bookselling chains. However, Bezos had the slogan ‘Get Big Fast’ printed on employee t-shirts to prove naysayers wrong. In December 1996, the company had reached 180,000 customer accounts after its first year in operation.
One year later, it had 1,000,000 customer accounts and jumped from $15.7 million to $148 million in a year. By 1998, the company increased to $610 million. The company rapidly expanded in other areas, selling more than books. By 1999, they were selling electronics, home-improvement gadgets, toys and games, and much more.
Beyond an Online Shop
Bezos claimed that Amazon was a technology company and not just an online retailer. To prove his point, in 2002, the company launched Amazon Web Services (AWS). This offered data on Internet traffic patterns. Four years later, the company expanded its portfolio with Elastic Compute Cloud (EC2). This rents out computer processing power.
In 2007, Amazon began to sell its own Kindle e-readers to help boost the e-book market. By 2011, the company introduced the Kindle Fire which constituted 50 percent of the tablets sold that used Google’s Android mobile operating system. Two years later, they enabled individuals to publish their own e-books on their Kindle e-readers. Many book publishers continue to derive revenue through sales at Amazon.com. But the company is considered by publishers as a major competitor.
The Future of Amazon
Outsourcing means something completely different to Amazon than it does to other companies. Amazon Flex, a delivery service, will use everyday people to deliver products across the nation. Employees receive $18-25 an hour and create a work schedule which works for them. By having contractors and not full-time employees, Amazon will cut costs whilst offering a career to people looking for flexible work.
Amazon embraces all kinds of technological changes and doesn’t fear them. Netflix created the digital delivery of media which has destroyed companies like Blockbuster. Amazon brought out Amazon Prime Video to offer extensive resources and disrupt the Netflix market. The future of Amazon is to create more products like this. There’ll be more systems such as Alexa, Apple’s Siri and more to change the technology world. Amazon recently purchased Whole Foods and created Amazon Lockers for people to collect their online orders in-store. We’ll be seeing them making an appearance in more online and offline distributors.
Amazon’s Statistics and Facts
The international e-commerce company has grown immensely since it’s early days. The leading retailer made $178 billion net sales in 2017. The majority of Amazon’s revenues come through e-retail sales of electronics, followed by it's subscription services and AWS activities. As of 2016, the e-retailed reported more than 310 million customer accounts worldwide. Due to their expansion, more than 300,000 employees work for Amazon, with 40,000 alone living in Seattle.
Amazon is the default buying site for just about anything and everything, especially for those who have Amazon Prime. In 2016, 43 percent of all US online retail sales were through Amazon. In 2013 alone, the company shipped 608 million packages that year, or 1.6 million packages a day. There's no doubt that Amazon has become a giant in the retail market!
Why Do People Shop on Amazon?
1. You can easily add your favourite and most expensive items on Amazon in your cart. When you log into your account and reach your cart, they'll notify if any prices in the cart have changed.
2. Amazon’s return policy varies depending on the item, but it’s generally an easy process to return an unwanted product, even the most expensive items on Amazon. Print a return label with its authorization from your account and stick it to the box. Simply ship back. On the other hand, you can attempt to sell it using your Amazon account.
3. The most expensive items on Amazon can reach nearly one million dollars, though there are some bargains on there too. You can buy bulk items for a great deal. Some popular choices are baby wipes, kitchen items, and even food. You can easily filter the products by price. Check the customer reviews before you buy something and ensure you get the best deal.
4. Amazon’s customer reviews are helpful when researching a new product, particularly the most expensive items on Amazon. Pay attention to 3-star reviews because they can be more helpful than others. It’s a useful strategy to ensure satisfaction with the item you’re purchasing. In addition, sellers have the capability to provide product information in the description. There are pre-created tables complete with the basic specifications such as weight, height and materials.
5. You can buy almost anything from Amazon, but there’s always more than one variety of a particular item. If you need something new or don’t mind it being used, there will be an option for you. Perhaps you’re looking for a limited-edition item which is no longer on the market. Amazon will most likely have it listed. From clothes, kitchen utensils, to toys and luxury items, it has almost everything anyone could need.
The Most Expensive Items on Amazon
We’ve found seven of the most expensive items on Amazon and can’t wait for you to read about them. Take a look and let us know your thoughts in the comments.
1. 9,000 Items Autographed By NFL Jersey Players
This huge collection of autographed items by NFL Jersey players will set you back $2,454,569.999 – reduced from $3,436,397.99. This purchase includes 9,000 items of signed footballs by all players in protective packaging. There aren’t too many details in the description, but this is ideal for football enthusiasts or collectors. The legitimate players handled all the balls. The products are 100 percent certified authentic and come with a Certificate of Authenticity from James Spence Authentication.
2. 19th Century Gold Plated Bronze Clock and Matching Candelabra
Second on the list of the most expensive items on Amazon is this 19th Century collectors’ selection. Priced at $104,999.00 used, this includes three items. Own pieces of French history with the 19th century French Aristocracy, which exude traditional elegance, luxury and sophistication.
The stunning mantel clock weighs 23 kg and stands at 80cm. Every half an hour and hour, it rings a deep chime and has the original mechanism from the 19th century. The two matching six-candle candelabras are also included and have been magnificently handcrafted throughout the design. The delicate workmanship is of the highest quality and beautiful to look at. This is certainly an ideal purchase for those who love to have some history in their house.
3. Lladro Niagara Chandelier
Priced at $120,0000 + $55 shopping, this elegant Lladro porcelain Niagara chandelier hails from Valencia, Spain. The optic fibre system provides a magic effect on the porcelain fairy figurines. It’s perfect for big living spaces, such as the living room, bedroom or dining room. At 285x200 cm, its incredible size lights up the room immediately. The creativity combined with the latest fibre-optic technology produce subtle points of light which fall in cascade.
The German designer, Bodo Sperlein, took the inspiration from iconic fairies to create contemporary chandeliers. Each one of these fairies is handmade following Lladros entirely artisan process of production. This version has golden luster, hand applied in a complex technique which requires double firing to achieve its luminosity. We recommend this beautiful chandelier for anyone who wants to (literally) brighten up their living space and add some personality.
4. 0.75 Carat Green Diamond Necklace Set in 18K White Gold
Leibish & Co created this stunning necklace set in 18K white gold with a diamond gem. The total weight of the gem is 0.55Cts and the height of the necklace is 15.5 mm and 15.5 mm in length. This beautiful halo pendant and drop pendant makes an extraordinary necklace set for a romantic gift for someone.
The set costs $215,000, though be quick if you’re interested, because it’s a popular contender for jewellery advocates. This will compliment a special occasion beautifully without looking too gaudy. If you've got some cash to spend, try one of the most expensive items on Amazon.
5. 304 Piece Sterling Silver Flatware Set
This 304-piece sterling silver cutlery set is one of the most expensive items on Amazon, yet is an excellent value and solid investment. Each piece is individually hand-crafted to the highest standards of workmanship. It's an ultra-luxurious addition to any finely set table.
The elegance, style, and quality of 19th century France ‘La Belle Epoque’ is an internationally known brand, recognizable for its quality. This is an excellent investment for anyone who enjoys family dinner time, or is looking to add pure luxury to their home. It’s a worthy addition to any family estate.
6. 1977 Painting By William Tillyer (108” x 60”)
This 1977 work of art by contemporary British artist William Tillyer boasts a spot on the list of the most expensive items on Amazon. Tillyer was born in 1938 in Middlesbrough, United Kingdom. He then went on to study at the Slade School of Art in London. He moved to Paris to expand his experience and skills and returned to his hometown where all of his works are shown in New York, London, Texas and more.
He is best known for his abstract watercolours and oil paintings. Additionally, Tillyer is particularly interested in tracking the change in painting in terms of surface to one of physicality – a conversation between illusion and reality. This is an excellent purchase for anyone interested in art – particularly abstract colours and patterns.
7. 1958 D San Francisco Lincoln Wheat Ear Cent
This weak-strike S mint mark located to the right side of 1958 is one of the most expensive items on Amazon at $500,000. The PCGS world glass grader verified the mint mark in May 2011.
Coins are an excellent investment for anyone. The age of a coin can significantly affect its worth. Ancient coins from earlier historical eras are more valuable than coins today. This is partly due to the metal used, as well as its historical meaning. It’ll be more valuable if it’s rare to obtain. There are a number of old Roman coins made of common metals found in the United Kingdom. Even modern coins can be quite valuable if they’re rare, or coins which are no longer in operation.
The metal amount and its purity dictates how much a coin is worth too. U.S. pennies produced before 1983 are mainly made from copper, whilst newer pennies are composed of zinc, which are less valuable. If gold and silver increases in price, you can sell the coins later at a premium price. They'll sell for more than the worth of the coin.
Would You Buy The Most Expensive Items on Amazon?
We hope you enjoyed reading our list of seven of the most expensive items on Amazon. Each one is unique and used as an investment or piece of interesting décor in your home. If you've got the money, these most expensive items on Amazon can be yours!
Have you found some expensive Amazon products we haven’t mentioned above? Let us know the links in the comments to keep this conversation going.
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