Nowadays, you will be able to find a lot of marketplace websites that are available on the Internet. One of the most popular eCommerce sites is Amazon. There are a lot of features that are offered by this website. Because of these features, many people are interested in visiting this website for buying any of their favorite items every day.
Amazon becomes identical with the term of online shopping. If you want to start as a professional online seller, you can have inspiration by looking at some Amazon statistics here. These statistics can give you some ideas on how you can build your own eCommerce store.
14 Amazon Statistics That Online Sellers Need to Know
1. The Popularity of Amazon
The popularity of Amazon is unbelievable. This eCommerce store leads as the most popular shopping app in the United States. It has more than 150 million active mobile users every day. The amount of Amazon shoppers keeps increasing every year because many people love buying any of their favorite products from Amazon. This number is much higher than the other competitors, such as Walmart (as the second most popular shopping app which only has about 70 - 80 million users).
2. Customers trust Amazon
It is one of the most important Amazon statistics 2020. This data shows that most customers trust Amazon. According to the survey from Feedvisor, more than 89 percent of the buyers are more likely to purchase any items from Amazon than the other websites. Amazon is always committed to providing the best customer experience for all users.
3. Huge amounts of Amazon Prime members
Amazon Prime is one of the best programs from Amazon. It is a paid subscription service from this website. It includes music and video streaming, free two-day shipping, and many other benefits. Amazon has more than 150 million Prime subscribers in 2020. This Amazon Prime user statistics is a 50 percent increase from the previous year.
4. Amazon revenue
It is important to know that global eCommerce sales are going to continue to grow. In the first quarter of 2020, Amazon made about $75 billion in sales with $2.5 billion as its net income. This number is 26 percent higher from the first quarter of 2019. Most sales are from the North American region.
5. Most popular Amazon categories
When we see the Amazon seller statistics, we know that the most popular category in Amazon is electronics. About 44 percent of the Amazon shoppers purchase electronics via Amazon. This category is followed by clothing, shoes, and also jewelry. Amazon is trying to add some more categories for attracting customers in the future.
6. Most important factor driving the purchasing decision
According to the amazon customer loyalty statistics survey from Statista, consumers love shopping for any of their favorite items on Amazon. The leading factor of any purchases on Amazon is the price. More than 82 percent of the Amazon buyers list the price as an important consideration for buying any products on Amazon. This factor is then followed by the low shipping cost (which is about 70 percent of the buyers) and also positive product reviews from the other customers (around 57 percent of the Amazon buyers).
7. Amazon accessibility by device
Most online shoppers love using Amazon when using their desktop computers or laptops. Although mobile users keep increasing from year to year, most customers prefer to buy their favorite items on Amazon via their computers. Only 24 percent of shoppers love buying any items with their mobile devices.
8. Number of Items on Amazon
You also need to know the Amazon third party seller statistics. Millions of small and medium-sized businesses are working with Amazon. On average, Amazon can sell more than 4000 products every minute. Half of the items sold on this website are from small and medium businesses. Amazon also has some programs for educating their sellers.
9. The number of sellers on this site
It is one of the most important Amazon marketplace statistics. This website has more than 2.5 million active sellers who are active in selling any products on the marketplace. About 25,000 sellers are able to make more than $1 million in sales. Every year, millions of new sellers join Amazon because they are interested in all features of this website.
10. Buyers come to Amazon for inspiration
About 23 percent of online shoppers usually come to Amazon for getting inspiration. They don’t have any specific items in mind before they make any purchases on Amazon. This statistic can be used by the online retailers who want to be able to sell any items on Amazon successfully. They can provide the best content marketing approaches for meeting their customers’ needs.
11. FBA program gives an increase in sales
Fulfilled by Amazon or FBA is proven to be an efficient program for all sellers in Amazon. This program is believed to increase by 30 - 50 percent in sales. When the customers see that the products are shipped by Amazon, they are going to trust it. They are more likely to purchase the items labeled as the FBA.
12. Lots of products on Amazon
Amazon has more than 12 million items to sell to their customers. These products come from many different categories, such as wine, media, books, home improvement accessories, etc. The number of items sold on Amazon keeps increasing from time to time. Amazon also provides a lot of benefits for all sellers who want to promote their products on this site.
13. Amazon’s net worth is more than $1 trillion
This is another interesting statistic that you need to know from Amazon. Amazon has a huge net worth which is more than $1 trillion. The company is rapidly growing from time to time. The popularity of this website is also growing very quickly because many people love buying any items from this website.
14. Amazon market share reaches about 14%
Amazon is one of the biggest players in the eCommerce world. The global market share of this company reaches about 14% globally and also 5.7% in countries other than the United States. This number shows that the popularity of Amazon keeps increasing from time to time.
Bonus Tip: Build Your Own Online Business with Dropshipping
After you read all of those Amazon statistics above, it can be a good idea for you to start your own online business today. You can start your business as a dropshipper. This dropshipping business allows you to earn significant income from the Internet easily. One of the best strategies that you can use for this dropshipping is finding the best supplier for your online store. SaleYee.com can be a good dropshipping platform that you can visit now. This website has more than 30,000 SKUs that you can choose for your online store. Its fast and free delivery service allows you to send any items to your customers as soon as possible.
After you find the best supplier for your website, you can start promoting any items to your customers. There are some useful promotional tools that you can use, for example, Facebook, Google, online forums, and any other channels. Building your audience will be an important step that you have to do, especially if you want to be successful with your online business. When your customers buy any products from you, you can simply order these items from your suppliers. They will ship the items to your customers on your behalf.
Conclusion
Amazon can give you a lot of inspiration about how you can build a successful online store. This online store allows you to earn a significant income from your home. The popularity of online shopping is predicted to grow very rapidly in the next couple of years. You can take advantage of building your online store now.
