In this article we have featured Amazon Statistics For 2024. Amazon is the only undisputed leader in the world of eCommerce, and online retailers and buyers alike cannot afford to ignore the company’s presence. With over 2.45 billion monthly views on its app and website combined, the firm has gone a long way since its humble beginnings as an online bookseller.
It goes without saying that it is a one-stop shop for people all around the world who want to purchase anything from digital gadgets to household items.
For its extensive product options and inexpensive pricing, Amazon.com ranks first in the commerce business, with more than 564 million products sold in the United States marketplace alone.
The most recent Amazon Statistics speak words about the company’s global accomplishments. In this section, you will learn about some amazing Amazon Product Sales Statistics, Amazon Seller Statistics, Amazon FBA Statistics, and overall Amazon Statistics that will astound and amaze you!
Before I go any further, allow me to give you a little overview of how Amazon was discovered by Jeff Bezos, who is currently the richest person on the planet.
Content Outline
About Amazon
Did you know that Jeff Bezos contemplated renaming Amazon to Amazon MakeItSo.com when he first started the company?
Founded in 1994 by Jeff Bezos in his modest garage, Amazon has grown to become the world’s largest e-Commerce company.
It started out primarily as an online bookseller, and it has only grown and developed since then, with no signs of slowing down in the near future.
By the time Amazon.com went live, it had already sold a significant number of books in all 50 states of the United States as well as in 45 other countries. It earned 20,000 USD each week in revenue in just thirty days, or a total of $1,000,000 USD in thirty days.
Since then, Amazon has experienced rapid growth and has risen to become the world’s top online retailer, serving a large number of customers all over the world.
The fact that Amazon has achieved such huge success in this business has caused the basic structures of internet shopping to be altered. “Online shopping” has become as associated with Amazon as the term “search” has become with Google. This is unavoidable at this point.
Amazon FBA Statistics for the Year
1. As of 2021, Amazon will have 9.5 million sellers (with more than 2.5 million of them being active).
Amazon has more than 9.5 million merchants (including inactive vendors) worldwide who sell their products on the marketplace. Amazon currently has over 2.5 million sellers who each have at least one product listed for sale on the site. Every day, over 2,000 new vendors join Amazon, resulting in an increase in the total number of merchants.
2. There are 500,000 sellers in the United States.
More than half a million third-party merchants are situated in the United States, out of a total of almost 2 million third-party retailers distributed throughout the world.
3. FBA is used by half of all third-party sellers in the United States.
Filling by Amazon (FBA) is a popular solution among third-party sellers in the United States, with Amazon claiming that half of the country’s population uses its fulfillment services. To put a number on this statistic, it is estimated that approximately 250,000 vendors are utilizing FBA. Always remember, however, that this statistic does not include merchants from other countries that use the Amazon FBA service.
4. FBA is used by 66% of the top sellers.
FBA is an abbreviation for Fulfillment by Amazon, a service that the firm provides to its sellers. As a result, the former is in charge of the storage, packaging, and shipment of the products produced by people who participate in the program. According to eDesk, 66 percent of the top 10,000 Amazon sellers rely on Fulfillment by Amazon for their operations.
5. Third-party vendors who use Amazon’s Fulfillment by Amazon see a 30-50 percent increase in sales.
According to Seller App, third-party sellers that use Amazon’s FBA solutions for their businesses see a 30 percent to 50 percent rise in their sales volume. One explanation could be the numerous advantages the company provides, such as increased visibility, more time to concentrate on sales, greater control over inventories, and so on. Additionally, businesses that choose to participate in FBA instantly obtain the Prime badge on their listings, increasing their visibility to Prime members.
6. Amazon has a roughly 50% of the US e-commerce market, according to the company.
Amazon has a total inventory of over 12 million items across all of its categories and services, and its share of the American e-commerce market is approaching 45 percent as of 2015. No one else comes close to Amazon, with eBay taking the second position with 6.6 percent of the market, Apple taking third place with 3.9 percent, and Walmart taking fourth place with 3.7 percent. As is to be expected, the statistics may fluctuate from time to time, but Amazon unquestionably accounts for the vast majority of e-commerce spending in the United States.
7. Amazon controls more than one-third of the online retail business in North America.
In the United States, according to newly disclosed data on Amazon’s market share worldwide statistics, the e-commerce giant presently has 39.7 percent of online retail sales, while its market share in Europe is 9.8 percent.
8. In 2021, Amazon will earn $4,722 every second.
Selling on Amazon is a significant undertaking. Consider the fact that Amazon records $4,722 per second, which equates to $283,000 per minute and $17 million per hour, in order to completely comprehend the significance of this statement. Millions of third-party sellers use Amazon’s array of services, including Fulfillment by Amazon (FBA), to earn revenue, which generates the majority of the company’s revenue.
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Conclusion: Amazon Statistics 2024
When you look at these Amazon data, it’s reasonable to tell that the company isn’t going anywhere anytime soon. A site that is brimming with chances for vendors from every industry, it is Etsy.
These Amazon statistics should be used in conjunction with other resources to gain a thorough understanding of the platform and the tools necessary to maximize your presence on the Amazon marketplace in the coming years.
