4.9 • 816 Ratings
🗓️ 6 March 2024
⏱️ 24 minutes
🧾️ Download transcript
Amazon's annual revenue is $554 billion, 2.7 billion website visits every month, and 300 millions customers worldwide and third-party sellers like us make up 60% of the sales on Amazon. In this episode, I dive deep into the comprehensive breakdown of the 2024 State of the Seller Report by JungleScout. From staggering revenue figures to the pulse of customer engagement, we explore the dynamic landscape that defines the Amazon marketplace. I share insights on how to navigate and thrive in the ever-evolving digital commerce landscape.
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0:00.0 | Amazon's annual revenue, guys, is $554 billion, $2.7 billion website visits every month, 300 million customers worldwide. |
0:09.3 | It is absolutely insane, the vastness of Amazon. |
0:14.0 | Now, something that's really cool here, guys, is third-party sales, which means people just like me, just like you, right, selling their own branded products, |
0:21.9 | that makes up 60% of sales on Amazon from third-party sellers like us. |
0:33.0 | What's up, guys? You're listening to another episode of Selling on Amazon with Andy Isam. |
0:37.2 | In this episode, we're going to talk about the Amazon State of the Seller Report for 2024. |
0:43.1 | This is a yearly report put out by our friends over at Jungle Scout that provides a lot of insight |
0:49.5 | into what's working, what's not working for Amazon sellers and kind of how the marketplace |
0:56.2 | is trending, results and things. |
0:58.0 | So I love to spend some time putting together an episode for you guys specifically about |
1:02.2 | the state of the seller report. |
1:03.8 | And I will put a link in the description below this episode for you guys to download this |
1:07.4 | report if you want to check it out for yourselves as well, obviously. |
1:11.6 | Also, quick shout up. |
1:13.2 | For those of you who don't already have Jungle Scout, I've got those special discounts for you as well. |
1:17.3 | So hit up my website, www.andi-isim.com for discounts on Jungle Scout. |
1:22.4 | And as a lot of you guys know, if you're in my programs, we do have some sweet hookups to get you guys Jungle Scout for |
1:29.6 | free. So if you're interested in that, obviously check out our programs as well. Okay, so some |
1:34.9 | quick numbers here for you guys about selling on Amazon 2024. Amazon's annual revenue guys is |
1:39.9 | $554 billion, $2.7 billion website visits every month, 300 million customers worldwide. |
1:48.3 | It is absolutely insane, the vastness of Amazon. Now, something that's really cool here, guys, |
1:55.8 | is third-party sales, which means people just like me, just like you, right, selling their own branded |
... |
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