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I read somewhere recently that 60% of all retail sales in US are with Amazon. No other company has this kind of scope.
by gambiting 1y ago
I read somewhere recently that 60% of all retail sales in US are with Amazon. No other company has this kind of scope.
- wat10000 1y agoTotal US retail sales are over $700 billion per month, which is more than twice what Amazon does in a year. Amazon isn't even #1 in the US; that prize belongs to Walmart.
- dspillett 1y agoBoth facts could be true, if the previous post was referring to the cardinality of sales not combined value and the average Amazon sale is lower than the average sale overall.
- wat10000 1y agoThe average Amazon sale would have to be ~25x lower than the overall average, seems rather unlikely. Not to mention that counting sales only makes sense within a product category.
- cestith 1y ago60% may be true in some random product category, but clearly not across all of retail. Maybe that’s what’s being remembered, but missing the surrounding context.
- wat10000 1y agoIt might be a sign flip of their share of online sales. They account for about 40% of online sales (yes, in-person retail still vastly outweighs e-commerce), so 60% of online sales are not Amazon.
- jjk166 1y agoIt's 6.6% https://www.emarketer.com/content/amazon-will-surpass-40-of-us-ecommerce-sales-this-year https://www.emarketer.com/content/amazon-will-surpass-40-of-...