News Snippets, Strategy

Amazon – The eCommerce Leader

By Karthik Reddy, Community Manager at uk.shopping.fm

There is no doubt that Amazon is one of the most recognisable brand names in the whole world. However, its founder Jeff Bezos had a bit more modest goals in the beginning.

Who would have thought that a simple online bookseller would become the world’s biggest online store? In just 23 years, Amazon went from a relatively obscure book business to a dominant online retailer, cloud service provider, and much, much more. Whether you are looking for a new smartphone, dress, or anything else, you will find the best products on Amazon.

Today, Amazon holds 43.5% of USA’s eCommerce market. They have over 300 million active users and sell over 3 billion products each month.

Furthermore, over 1 million products are added each day to their stores, and they are expected to sell over 12 billion products by 2020.

Their most significant profits come from the USA, followed by Germany, Japan, and England. Even Amazon’s founder broke some records. He is now the wealthiest man on Earth with a fortune surpassing 100 billion dollars.

Of course, these facts are just a snippet of what you will find in this infographic about all things Amazon. So, read on.

About the author:

Karthik Reddy, Community Manager at uk.shopping.fm, is the author of India’s Number 1 travel blog. Boasting an MBA in computer science, he once decided to get away from the office desk life and take a breathtaking journey around the world. He is eager to use the power of the global network to inspire others. A passionate traveler and photography enthusiast, he aspires to share his experiences and help people see the world through his lens.

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