Since its launch in 1994, the name Amazon has been a household name and continues to grow becoming the best retailer business in the world. The turnover of people on this platform has gained the attention of millions around the world. Today, when somebody takes the name of online shopping the name Amazon comes first to the mind. So let me tell you some of the amazing Amazon stats.
Appealing Customer Support
According to a survey conducted in the US, 89% of online buyers prefer to buy things over the platform of Amazon. There’s no denying the fact that Amazon is the king of eCommerce and continues to soars in every region of the world. From day one, Amazon focused on customer satisfaction above all and it is a major reason for the company’s success. The high-quality items provided on this platform secure customer support and improve the conversion ratio of buyers and sellers.
High Amazon Prime Members
This is a paid subscription that was initiated by the company in 2005 and in 2018 the total number of members was 100 million. In a time of mere 2 years, the number of members increased to 150 million, like an increase of almost %50. This membership provides exclusive discounts, for example, having access to free streaming or free shipping of products to some extent and much more.
For regular online shopping, the prime membership of Amazon is highly recommended. Moreover, another survey tells that prime members frequently buy items in a week.
Revenue Generated by Amazon
The increase in eCommerce sales has always been amazing and quite fascinating. But the sales Amazon made in the year 2020 were beyond the imagination of the world. In 2020 the company made above $125 billion which n other businesses could generate easily. These sales continue to grow at an unmatched level and the company is growing as well.
Most analysts say that eCommerce is the only business today that has minimum loss and maximum profit. Amazon has growth in 2021 boosted from %33 to %40 and there is no limit. Amazon’s stats never cease to amaze the readers and inspire many to shift to this platform.
Popular Product
Amazon has a wide variety of products that you can access anytime. However, the most selling product on Amazon is electronics products. Almost %44 of electronics bought in the US were through amazon and the kitchen plus clothes were second to the electronic products. Moreover, one of the iconic selling things is baby toys that are high in demand and are being sold highly on amazon.
The diverse range of products and exclusive discounts provided by amazon is highly attractive. Furthermore, with the growing reach of amazon, it is assumed that it is going to be the biggest business soon.
Conclusion
To conclude, the opportunities available on amazon are diversified and stats show that amazon is a secure platform that is not going anywhere. Moreover, its presence would increase in the coming years amid the rise of the online shopping trend.
