How Amazon approaches product
Amazon doesn’t usually come out with any information. Liza Utzschneider gave a brief background on how Amazon approach and drives development of a product.
She suggested they always start with the customer and work backwards - listen to customer (not just for UX and features), invent on behalf of the customer and personalize it for them. As all companies do, she said that they look 10 years ahead but interesting twist here is that look for things that doesn’t change for customers. Low prize, convenience, and selection will still be a top priority for a user even after 10 years.
It is pretty simple but they do apply this well and you can see it in their existing products. Of these, personalization is key in my opinion. Without it, it will be cold and uninviting for the user even with an awesome UI. This in turn affects the sales - one of the things I learned from ad:tech SF is that personalization drives sales.
Take their website as an example - it is highly personalized for a commerce portal. It knows who you are, recommends with relevancy, promotes convenience (like one-click), and discovery of new products. They also put customers first throughout the fulfillment process as well.
Both Apple and Amazon have similar goals but their approaches to product are different. In some ways it is due to the nature of the business they are in commerce vs. hardware. It will be interesting to see how Amazon approaches Kindle in lot more detail.