If you’re selling on Amazon or planning to sell on Amazon, it’s important that you keep track of the latest Amazon statistics.
To stay one step ahead while selling on Amazon it’s essential to know about the statistics, and that’s why we’re here to help you out by listing down the top Amazon statistics that every Amazon seller needs.
AMAZON STATISTICS YOU NEED TO KNOW
Here are the top Amazon Statistics that you need to know about in 2021:
1. US E-COMMERCE SALES
U.S. e-commerce grew 32% in 2020 to reach $790 billion, up from $598 billion the year before. Amazon itself has a record of nearly $250 billion in e-commerce spending.
During the first two quarters (Q2 and Q3) boosted by the pandemic it grew at or below the overall U.S. e-commerce growth rate. While in the fourth quarter, Amazon grew faster than the market.
2. AMAZON NET SALES
Amazon sales stats for Q3 2020 show a dizzying increase of 196.7% compared to Q3 of the previous year, as Amazon’s net income in the same quarter also set a record at $6.33 billion.
3. AMAZON USERS
55% of consumers start their online shopping search on Amazon. 23% of online shoppers go for amazon when they don’t have a specific product in mind for purchase.
9 out of 10 consumers price check a product on amazon. In June 2020, Amazon attracted 5.22 billion visits per month.
4. AMAZON PRIME MEMBERS
Based on Statista report, the number of Amazon users of Prime surge from 99.7 million in 2018 to 148.6 million in 2020.
Amazon customers who have an Amazon Prime membership spend $1,400 — almost twice as much as non-prime customers.
35% of prime users buy products a few times a week, compared to only 3% of their non-Prime users.
5. PRODUCTS SOLD ON AMAZON
Amazon sells more than 12 million products. Whenever customers need to buy a product online, they turn to Amazon.
53% of all sales on Amazon come from the third-party sellers. That is, more sales than by Amazon themselves on their own platform.
But, Amazon restricted certain categories while selling due to the safety and well-being of their consumers. To get approval, you need to follow some application process which is not that easy.
But don’t worry The Funnel Guru who are the experts in this field helps you to get approval for the restricted categories on amazon.
CONCLUSION
By having a look at these Amazon statistics, you’ve come to know that it is a platform that has full of opportunities hidden for sellers.
Take these Amazon statistics has an added advantage and scale your business and maximize your presence on Amazon in 2021.
Visit TheFunnelGuru Blog for more updates…!!!
