News

Amazon Accounts For 39.3 Percent of E-commerce Spending in The USA During November

Online retail giant, Amazon is a popular choice for consumers wanting to purchase goods at reasonable prices while relying on a proven track record in customer service. When compared to other stores, Amazon’s buying power is difficult to match and provides a huge array of items from electrical products to digital novels. According to research firm, Slice Intelligence, Amazon made up 39.3 percent of sales between November 1st and December 6th in the US market. This marks a significant increase from the 37.9 percent share last year during the same period.  Ken Cassar, Vice President of analytics solutions at Slice provided an explanation for this success and said:

“Jeff Bezos was beaten up for a long time about the infrastructure investments he made and the drain on profitability it caused,”

“He is seeing the payoff on those investments.”

The chart shows Amazon’s astounding sales figures in the US market, and showcases how far behind many of the competing stores are. Amazon’s investment into infrastructure and their recognizable brand helps to encourage shoppers to spend money while remaining a loyal customers. Obviously, this is during the Thanksgiving and Christmas period so the data might favour Amazon at this time compared to other months. Whatever the case, this is an extraordinary achievement and emphasizes how important Amazon is as an etailer in the USA.

John Williamson

Disqus Comments Loading...

Recent Posts

Plaion Launches Retro ZX Spectrum Computer

Plaion, a leading video game publisher, and Retro Games Ltd., a specialist in reimagined classic…

2 days ago

NVIDIA Warns of GeForce RTX 40 Graphics Card Shortages in November and December

During the latest earnings call, NVIDIA CFO Colette Kress warned of a potential GPU supply…

2 days ago

GeForce RTX 5090, RTX 5080, RTX 5070 Ti, and RTX 5070 Reportedly Coming in Q1 2025

Chinese sources say the GeForce RTX 5090, RTX 5080, RTX 5070 Ti, and RTX 5070…

2 days ago

GTA 6 Already Winning Awards Before Its Launch

GTA 6 doesn’t have an official release date yet, but it has already earned a…

2 days ago

DJI Osmo Mobile 6, 3-Axis Phone Gimbal

Stay on Point with ActiveTrack 6.0 - With upgraded tracking tech, OM 6 sticks to…

2 days ago

Drayton Wiser Smart Radiator Thermostat TRV

Pack includes three Wiser Radiator Thermostats. These smart radiator thermostats are only designed to work…

2 days ago