Amazon is the world’s largest marketplace. Around 400 million people visit Amazon every month and most of them are there to shop.
Amazon’s marketplace offers a lot of benefits to brands and businesses. In this article, I’m going to share with you some important statistics that will give you a better idea of the power of selling on Amazon
55% of customers Start their online shopping searches from Amazon
90% shoppers price check Amazon’s product offerings
Amazon has 300 million active users
More than 50% of Amazon’s sales are generated by third-party sellers
Over 140,000 third-party sellers exceeded $100,000 in their annual sales
Third-party sellers on Amazon sold 56% of their units.
Seller-service revenues account for Amazon’s second-biggest revenue segment
In 2020, Amazon made approximately 80.5 billion dollars in third-party seller services
60% of the bestsellers focus on selling products from the Home & Kitchen category
According to Statista, in March 2019, Amazon app ranks as the most popular shopping app in the U.S
Amazon App has 145.2 million active mobile users
Amazon Prime members spend 1400 US dollars on the e-retail platform
How much can you make with amazon fba
There are a number of different methods for selling on Amazon, but the most common is Amazon’s Fulfillment-by-Amazon (FBA) program.
While FBA can be quite lucrative if you do it right, there are some drawbacks to consider. In this article, we’ll look at both the pros and cons of using FBA.
What Is FBA?
As an online retailer, you’ll often need to find a way to ship your products to customers without getting bogged down with logistics. This can be complicated and time-consuming if you’re trying to do it yourself — and that’s where third-party fulfillment comes in.
Third-party fulfillment involves hiring a company, like Amazon or ShipBob, to handle the nitty gritty aspects of shipping your products for you. This can include picking and packing orders, shipping orders with the appropriate carrier and speed, handling returns, and providing customer service. All you have to do is get your products into their warehouses — then they take care of the rest.
While there are a number of different methods for selling on Amazon, those are FBA & FMB the most common is Amazon’s Fulfillment-by
How much money can be made selling on amazon, most Amazon sellers make at least $1,000 per month in sales, and some super-sellers make upwards of $250,000 each month in sales — that amounts to $3 million in annual sales! Nearly half (44%) of Amazon sellers make from $1,000-$25,000/month, which could mean annual sales from $12,000-$300,000. One in five makes $25,000-$250,000/month, amounting to annual sales between $300,000 and $3,000,000. Another 6% make more than $250,000 in monthly sales. Only 26% of sellers make under $1,000/month in sales.
If you’re brand new to selling on Amazon and aren’t sure where to start or what to sell — take our How to Start an Amazon FBA Business Course. It’s free!