Amazon has become one of the largest and most influential e-commerce platforms in the world. To truly understand the scope and impact of Amazon, it's important to look at the data and statistics that tell the story of this global giant.
In this article, we'll explore some of the most important Amazon statistics and what they mean for sellers and consumers alike.
Amazon's sales volume is one of the most impressive statistics about the company. In 2020, Amazon reported over $386 billion in worldwide sales, making it one of the largest retailers in the world. This high volume of sales means that Amazon is a key player in the e-commerce market, and provides a huge opportunity for sellers to reach a large customer base.
Amazon's market share is another impressive statistic, with the company holding a 38% share of the US e-commerce market. This dominance of the market gives Amazon significant power in shaping the e-commerce industry and highlights the importance of Amazon for sellers who want to reach a large audience.
Amazon's growth rate is another key statistic that speaks to the company's success. Over the past decade, Amazon's sales have grown by an average of 20% each year, making it one of the fastest-growing companies in the world. This rapid growth is a testament to Amazon's ability to innovate and adapt to the changing e-commerce market.
Amazon Prime memberships are another important statistic to consider. With over 200 million Prime members worldwide, Amazon has built a loyal customer base that is more likely to make purchases on the platform. This large and engaged customer base provides a valuable opportunity for sellers to reach potential buyers.
Mobile shopping is another key trend in the e-commerce industry, and Amazon is at the forefront of this trend. In 2020, over 60% of Amazon's shopping trips were made on a mobile device, highlighting the importance of mobile optimization for sellers.
Finally, it's important to consider Amazon's international expansion when looking at the company's statistics. With operations in over 17 countries, Amazon is a truly global company that provides a huge opportunity for sellers to reach customers all over the world.
The statistics and data surrounding Amazon paint a picture of a company that is dominant in the e-commerce business, with high sales volumes, a large market share, and a rapidly growing customer base.
For sellers, these statistics highlight the importance of Amazon as a platform for reaching a large and engaged customer base, both in the US and around the world. Whether you're a seasoned Amazon seller or just starting out, understanding the power of Amazon is an essential part of building a successful business on the platform.
