Amazon Berg

Sales for Amazon surged passed $200 billion in 2018, increasing 31% to $232.9 billion, compared with $177.9 billion in 2017. Operating income in the year tripled, to $12.4 billion, compared with an operating income of $4.1 billion in 2017.

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The number of Amazon third-party sellers keeps increasing every year. In 2018 , 40% of total Amazon sales came from third party sellers and at the end of 2018, it was increased 53% more . If we put it in numbers, third party sellers generated a revenue of $53,76 billion in 2019 up from $42.75 billion from the previous year.

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Amazon has grown and evolved to become an online shopping destination for clothing and fashion accessories.

Millennials are behind Amazon’s success selling clothing online — and the profitability of this category. This generation is more likely to take advantage of Amazon Prime deals so that they receive their purchases quickly. The same Morgan Stanley report points out that the main reason customers buy clothing on Amazon is that shopping in the marketplace is easy and convenient.

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Each year Amazon estimates a sale of 64 million products sold from the Home and Electronics category solidifying Amazon as the ideal e-commerce platform for buyers and sellers from the particular category.

Like everything else about Amazon, its product count is massive — even if you don’t count the enormous contributions of the 185,000+ sellers on the Marketplace. Amazon sells more than 12 million products, not including books, media, wine and services. When Amazon Marketplace sellers are factored in, the total product count balloons to more than 353 million.

🌐 www.amazonberg.com