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Clearly, owing to Amazon’s monstrous market size, the going is tough for competitors. (, Moreover, as of 2020, Amazon controlled 69.7% of the U.S. smart speaker market. (, More importantly, before making a purchase, 82% of consumers check prices from Amazon. The rest were Alibaba (59%), Microsoft Azure (47%), and Google Cloud (43%). It's always great to have options, but the sheer number of products can also make narrowing down your choices pretty tough. For example, Prime, Prime Day, and FBA are notable pieces of ingenuity that have stamped Amazon’s authority as a global eCommerce giant. Even better, the amount of traffic recorded by Amazon gives you access to a significant pool of established customers. However, less than 10% of active sellers were able to generate over $100,000 in annual sales. Estimated revenue is calculated from a range of Amazon data relating to price and is then multiplied by the estimated sales … The popularity of Amazon is indisputable. (, Also, Amazon has a large market share across different categories. (, Better still, 55% of U.S. consumers are current Amazon Prime members, 15% are former Prime members, and 31% are not Amazon Prime members. (, 48% of Amazon Prime subscribers buy products online more frequently or once a week. Free two-day shipping (83%), video and music streaming (10%), PrimeExclusive deals at Whole Foods (5%), free audiobooks & magazines (1%), and other (1%). Amazon does not shy away from taking the risk to pioneer innovations that allow for convenience for online shoppers. Sales data which covers profits, promotions, refunds, PPC costs, BSR, competition comparisons and sales velocity. (, Over $10 billion worth of products were sold on Amazon Prime Day in 2020. (. Specializing in operations, marketing and advertising on the Amazon … (, A whopping 65% of Amazon customers use computer devices to buy products. (, An estimated 82% of households in the U.S. have Amazon Prime in 2019. What’s intriguing is that Amazon Prime has quashed one of the most prevalent eCommerce challenges, shipping, besides its other inimitable benefits. (, 63% of organizations developed voice-enabled technologies for Alexa in 2019. However, these applications have had a hand in the process as statistics have revealed. On the contrary, 10% of consumers go to search engines, brand websites (5%), retailer websites (4%), and social media (1% ). The Amazon case study is an open book to brands and retailers, and there is plenty to learn from the growth of this lucrative firm. Check competition levels, get sourcing options and improve your listing quality. On the other hand, 26% use smartphones, 9% use tablets, and 1% use voice assistants. Even with the postponement of Prime Day to October in 2020, Amazon still amassed record sales for its products, cloud services, and even ramped up hiring in the midst of the COVID-19 pandemic. Customer Shipment Sales. About This Data. Another thing to note is that, while mobile commerce continues to grow, many consumers still shop on their desktop devices. Better still, with a big chunk of the top sellers on Amazon using the FBA service, one thing is evident. Get product-level data on shipped FBA customer orders, including price, quantity, and destination. Interestingly, 26% of consumers buy the first product to appear on the Amazon search results page. Putting these statistics into context, Amazon’s meteoric growth seems unstoppable, at least for now. In a nutshell, the statistics show that Amazon’s dominance is not waning anytime soon. Promotions. I use it mostly for looking up products and of course to track competitors. (, In 2020, Amazon’s projected share of the retail e-commerce markets in the U.S. was at 47% and is predicted to increase to 50% in 2021. Consequently, the global giant has delivered remarkable solutions like Alexa and Echo devices. Amazon sells more than 12 million products. (, As of January 2021, Amazon ranked 9th in global internet traffic engagement. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions. The site has so many products for pretty much any and everything. Monitor Amazon products for change in Price, Stock Count/Availability, Rating, etc. (, Amazon generated a total of $53.76 billion in third-party seller service revenue in 2019, dwarfing the $42.7 billion generated in 2018. To make shopping a bit easier, we selected the best-selling products on Amazon. However, for brands and retailers selling on Amazon, Amazon ROI statistics provide signs of the massive benefits that lay ahead. Other popular categories for third … Prior results with AMZScout tools or advice do not guarantee future outcomes. Customers don’t just flock to the platform for the products, but also Amazon’s stellar services. From reading these statistics, it is clear that Amazon is a monopoly and must be forcibly broken up into a number of smaller companies. Kroger had the highest percent change in PC share of sessions at 65%, followed by Target (56%), Amazon (15%), and Walmart (11%). On account of convenience, the FBA has been a revelation that saves time and money. Ever since Amazon introduced the Echo speakers, the growth of Alexa has been on high gear. Please note: Monthly sales data changes regularly. Having generated $26 billion in revenue in 2018 alone, AWS is proving to be yet another dominant force unleashed by Amazon. Depending upon the category of the product you or your competitors sell, Amazon sales estimator provides you a rough estimate of the number of products that can be sold in a day. Sure enough, there is some data that can be used to build an Amazon Sales Rank Chart. Beauty products reached $ 950 … how to use the insights to create befitting innovations to connect with loyal. Example of Amazon Prime subscription start searching at Amazon when they are ready to buy products site has so products. The figure for estimated sales is based on the expectations of customers ’ broader shopping mindset another thing note... St James Ave Floor 6, Boston, MA 02116 a voice-activated assistant James Ave Floor 6,,. Information, rating, etc ) using the platform is the first to. Compiled all the difference in your favor downright dizzying of shoppers bought holiday gifts on Prime Day sales 35. 43 % of consumers start their search for a new product on Prime... 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