If you have ever shopped online, one of the first companies that is most likely to pop into your head is the name Amazon. Amazon has been the go-to shopping site to purchase almost anything you can think of and often at some of the lowest prices around
Incorporated in on May 28th, 1996, Amazon.com, Inc. offers numerous services and products through its multiple websites. The company is comprised of three primary company segments which include North American, International, and Amazon Web Services.
The products offered on Amazon are merchandise that the company will purchase at wholesale and resell as well as products listed that come from third-party sellers. The company also now offers a subscription service for many items that often see repeat purchase which can lower the consumer's cost per piece.
Amazon owns multiple subsidiaries one of which is its food division, Whole Foods Market, Inc. which offers healthy food options. Another of Amazon's subsidiaries is its Kindle Direct Publishing and Amazon Publishing which provides fulfillment, digital content subscriptions, advertising, database offerings, and publishing.
The company focuses their goals on providing consumers with a good selection, lower prices, and convenience. Their websites are designed to accommodate hundreds of millions of products in dozens of categories.
The websites are mobile friendly and can also be accessed through an app. Amazon also produces and sells its own electronics line which includes Kindle e-readers, Fire tablets, Echos, and Fire television sticks.
Amazon Company Facts, Net Sales
Amazon is one of the highest producing online companies with an annual net sales in 2017 of $177.9 billion. Over the past 13 years, Amazon has significantly increased its net sales year after year with this year alone up $40 billion over 2016.
In the past ten years, Amazon has increased its annual sales by almost $150 billion with its 2008 figures begin around $19 billion. Want to know more about the amazing sales Amazon is known for? Check out these Amazon Company facts listed below.
Amazon User Statistics
With so many products and services that are available through Amazon and its subsidiaries, the customer base is extremely diverse, and their target market encompasses all consumers around the world. Some of the interesting facts about those who use Amazon are:
Amazon Device Stats
Amazon offers a wide range of devices to meet the technological needs of their diverse customer base. Items such as Amazon Alexa, Fire Tablets, Kindle, and Amazon Fire TV stick are helping to keep customers connected with movies, music, and loved ones. Check out these interesting stats about some of the most popular Amazon devices.
Amazon Prime Day Stats
Amazon Prime Day is a 30-hour event held in July to provide those with an Amazon Prime membership with amazing deals akin to similar sales such as Black Friday and Cyber Monday.
The event originated as a 24-hour sales but was extended last year to accommodate the number of users clamoring to participate in the event. Amazon Prime Day is one of the highest sales revenue days for Amazon and includes not only sales but also giveaways. Check out these fascinating facts about Amazon Prime Day.
Amazon Prime Member Stats
Amazon Prime is one of Amazon's most popular member benefits providing strong competition for video providers such as Netflix and Hulu.
Amazon Prime not only provides viewers with thousands of the most popular titles in movies and television series, it also provides original movies and series that viewers can only watch on Amazon Prime.
Fun Facts About Amazon
Even if you are a regular Amazon shopper, there are still many things you may or may not know about the internet giant. One of the most impressive things about them is their sales figures.
Amazon fans may also be interested in learning these fun facts as well:
Amazon has shown itself to be the prime contender for other businesses entering the online marketplace with increasing sales year after year.
The company continues to grow through acquisitions, development, and new product and service offerings, ensuring its livelihood in a constantly changing consumer world. As online shopping begins to become the norm for everything from everyday groceries to major holiday shopping, Amazon will continue to rise above the pack.