#139 - Amazon Added 5 Million Sellers, Key Amazon Statistics, and more
Hot News
Amazon Added 5 Million Sellers Since 2018
More than 2,000 new sellers are joining the Amazon marketplace every day. This growth is invisible to shoppers but confirms Amazon’s role as the go-to platform for entrepreneurs. According to Marketplace Pulse research, Amazon has added nearly 5 million sellers since 2018. Roughly 40% of them joined the marketplace in the U.S., and the rest — one of the twenty international marketplaces (sellers selling on multiple marketplaces were counted once).
marketplacepulse.com
Sellers Are Worried About the ‘Amazon-Ification’ of Etsy and Are Considering Other Platforms
“By any measure, Etsy starts 2024 a much more meaningful e-commerce company than we were just a few years ago,” CEO Josh Silverman told investors at Etsy’s fourth-quarter earnings call in February. He cited the e-commerce platform’s buyer base doubling, “which has now grown on a year-over-year basis for four consecutive quarters.”
modernretail.co
Amazon’s Numbers Game: Key Amazon Statistics
Amazon emerges as a formidable king in global commerce, and its moves are calculated in bytes and bandwidth as well as sales. The company’s numbers show dominance and ambition, from its staggering revenue figures to colossal shipping volumes. Amazon’s statistics are not just digits; they are testaments to a vision that transformed it into a behemoth that continuously sets the bar for the digital marketplace.
smallbiztrends.com
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Good to Know
I was teaching math at the American InterContinental University in Illinois when I decided to start selling in Amazon’s store to generate a little extra income. I called my store Pandaloon, and I filled it with fun, panda-themed gifts. Amazon made it easy for me to list new products, find customers, and quickly ship orders, and after several months, my little side hustle grew into a sustainable business that generated more income every month.
aboutamazon.com
Amazon Says Third-Party Sellers Drive 60% of eCommerce Sales
The company’s annual U.S. Small Business Empowerment Report, issued Tuesday (May 23), shows that 60% of sales on Amazon’s stores come from independent sellers, most of which are small and medium-sized businesses (SMBs). The report showed that these sellers sold 4.1 billion products last year, with sellers in rural areas seeing more than 40% year-over-year sales growth.
pymnts.com
Year-Over-Year Revenue Growth of Amazon.com and eBay Inc. from 2006 to 2023
In 2023, Amazon achieved 12 percent year-over-year net sales revenue growth whereas eBay's year-over-year revenue increased by three percent. The two e-commerce giants are direct competitors in the U.S. online shopping landscape. In 2015, online payment provider PayPal split from eBay to become an independent company, which had an effect on eBay’s overall revenue development.
statista.com
Should eBay, Amazon, and Etsy Sellers Be Running Scared from Temu?
Temu is the dollar store of online platforms, and it has marketplaces like eBay, Amazon, and Etsy on the run. That means sellers should also be paying attention to the platform, because it could have a direct impact on their sales, if it hasn’t already had a negative impact.
ecommercebytes.com
Amazon's Growing Seller Base to Boost Its India Reach
Amazon is firing on all cylinders in India’s e-commerce market on the back of its expanding seller base, driven by its robust programs focused on uplifting local shops, small offline stores, and small and medium businesses (SMBs). This is evident from the company’s latest announcement regarding the number of sellers on amazon.in. Notably, the number has now exceeded the mark of 10 lakh, which stood at 100 at the time of the commencement of Amazon’s e-commerce business in India.
yahoo.com
Amazon Uses Aggregated Seller Data to Help Business, it Tells Lawmakers
Amazon.com Inc uses "aggregated data" from sellers in its third-party marketplace to improve its overall business, the online retailer said in response to a congressional antitrust probe that could raise concerns with such sellers. Such data, also culled from public sources and Amazon's first-party sales, is available to the company's retail and private brand teams, it said in an Oct. 11 document released by the U.S. House of Representatives Judiciary Committee on Tuesday.
aol.com
Amazon Quietly Hosting Free Sales Event (Very Soon)
Not only are the promotional days great excitement for shoppers, they're also great business for Amazon. Amazon's July iteration of Prime Days, which ran from July 11-12, 2023, brought in a record $12.7 billion in sales. "The first day of Prime Day was the single largest sales day ever on Amazon," Amazon wrote when the event closed, adding "Prime Day 2023 was also the biggest Prime Day event ever for independent sellers, whose sales growth in Amazon’s store outpaced Amazon's retail business."
panolawatchman.com
Amazon Says 'Project Curiosity' Wasn't a Secret Operation to Spy on Rivals
The Wall Street Journal on Thursday published a report detailing how Amazon used a shell company, Big River Services International, to spy on its rivals including eBay, Fedex, and Walmart. Amazon told Quartz that it vehemently denies that claim. Amazon said the idea that the company used “Project Curiosity”—later given a less conspicuous name, “Small Business Insights”—to snoop on its competitors is false.
qz.com
Amazon Southeast Asia Seller Summit 2022 to Empower Small Businesses to Dream Big
The Amazon Southeast Asia Seller Summit 2022 returns for its fourth edition on 26-27 October 2022, with the theme 'Small Businesses, Big Ambitions' and a bigger focus to support sellers in Singapore to expand their businesses online, locally and globally. For the first time ever, the Summit will be held in a hybrid format – online via an Event App, and in person at the Marina Bay Sands Convention Center in Singapore.
yahoo.com
Amazon Bans The Sale Of Weighted Sleep Sacks Amid Infant Safety Concerns
What parent among us hasn’t, in a sleep-deprived daze, thumbed through the products on Amazon Prime that might help you all get a few more Zs at night? Weighted swaddles and sleep sacks have been one of those items for parents in recent years, another registry must-have, with brands promising their iteration will help young babies sleep deeper and longer.
romper.com
When is the Next Amazon Prime Day 2024? Latest Info on The Big Sale
It’s the question on all bargain hunters’ lips right now. Aside from a blip over lockdown, Amazon always holds its flagship sale in July. The company hasn’t confirmed the exact dates just yet but as online shopping pros, we’ve taken an educated guess at the earlier half of the month. Stay tuned for updates as we get them.
standard.co.uk
MATRADE (Malaysia External Trade Development Corporation) and Amazon Global Selling are strengthening collaboration to enhance the development of cross-border e-commerce in Malaysia in response to growing demand from Malaysian businesses. In a joint statement, the two parties said they will join hands to offer quarterly outreach events throughout 2024 to raise awareness of cross-border e-commerce and to help Malaysian brand owners start their cross-border e-commerce business with Amazon, while introducing more Malaysian brands and products to customers in the US.
digitalnewsasia.com
China-Sourced Gummies Are Making Amazon’s Hemp Market Even Worse
Chinese sellers are becoming increasingly prominent on Amazon, and the platform’s questionable hemp market is no exception. As part of CBD Oracle’s report on the Amazon hemp market, we found that 30% of products included in the lab study came from Chinese sellers.
cbdoracle.com
Tips and Tricks
What is Amazon Pet Day & How Can FBA Sellers Prepare?
Everybody loves their pets, right? Of course. Pet owners will do everything possible to ensure their pet is happy and healthy. Amazon is holding a 48-hour event that features thousands of on-sale pet products to help pet owners feed, pamper, and play with the pets in their lives. How can you, as a pet product seller on Amazon, take advantage of this 2-day event? Keep reading to learn more about what Amazon Pet Day is and how to set your business up for success.
junglescout.com
Ecomva Introduces a Comprehensive Guide on Amazon Virtual Assistants to Efficient Business Success
Ecomva, a global leader in e-commerce solutions, is happy to announce the availability of the comprehensive guide on Amazon virtual assistants. In order to use virtual assistants effectively and sustainably, this guide offers essential insights and strategies. It is intended to provide companies more power as they negotiate the intricacies of the Amazon marketplace.
accesswire.com
In 2018, I was a full-time graduate student and working part-time as a course designer at my university. Inspired by a class project and my own personal struggles, I decided to launch a side hustle selling card games on Amazon to help people build “human skills” like emotional intelligence and critical thinking.
cnbc.com
What to Sell on Amazon FBA: The Best 5 Products for May 2024
The hardest part about selling on Amazon is, well, figuring out what to sell on Amazon. You may have what you think is a great idea for a product, but smart sellers rely on data — not always their gut instincts — for which products to invest in. This is especially true in May when customers shop for Spring and Summer items. This time of year is when the warmer weather and seasonal items start to pick up again — which sellers can take advantage of.
junglescout.com
Navigating the Highs and Lows of Amazon FBA in 2024: A Seller’s Guide
In Amazon’s fast-evolving marketplace, understanding the intricacies of its Fulfillment by Amazon (FBA) program is crucial for entrepreneurs aiming to tap into online retail. As of 2024, the landscape of Amazon FBA presents a paradox of lucrative potential shadowed by steep competition and stringent operational demands.
webpronews.com
Amazon Prime Day 2024: Here's What to Expect, Tips, and Tricks
Amazon Prime Day has grown into one of the biggest sales events of the year, with discounts rivaling those of Black Friday and Cyber Monday. With so many retailers selling on Amazon, Prime members can save on just about anything, from viral beauty products to new unlocked smartphones.
businessinsider.com
Podcasts
Crafting Your Amazon Listing for SEO
Ever felt like you’ve hit a wall with your Amazon listings, unsure how to climb the ranks? Our latest episode is the secret weapon you’ve been searching for! We dive into Helium 10’s Listing Builder, a tool that’s changing the game for sellers by revealing how to prioritize keywords using the new Competitor Performance Score. Picture your products climbing Amazon’s search results as we dissect the art of optimizing listings with advanced strategies that include leveraging root keywords and their variations. And for those moments when words fail you,
helium10.com