Amazon has grown a lot and has become huge in recent years. People are buying everything on Amazon. You might be wondering is it right time to start an Amazon FBA business or is it too late for you? Let’s go over some facts and stats so you understand better.
In my opinion, that's the best advice I've ever heard when considering whether to do something. It was of course possible to have chosen a better time. Despite the fact that timing can always be better, it doesn't mean that things don't work out now
Is selling on Amazon saturated?
According to Marketplace Pulse Amazon has over 6.3 million sellers and about 1.5 million active sellers on their platform. Is that too much? Well, Amazon is the biggest shop in the world whose demand is growing worldwide. More and more people are shopping online. Especially during the pandemic and fear of going to the shopping centres.
1.5 million active sellers might seem a bit too much but let’s also look at some other numbers.
Amazon has over 200 million active Prime members who spend an average of $1500 a year on Amazon. Non Prime members spend an average of $600 a year.
Amazon ships an average of 1.6 million packages a day, 66 thousands orders an hour and 18.5 orders per every second.
Amazon ships products worldwide and has about 175 warehouses all over the world, making it the leader in the industry.
As you can see that 1.5 million active sellers might seem a lot but the market is also quite big. Also the people who are growing up now are more used to buying things online. So in the next 10 years e-commerce is going to grow even more.
Read More about Amazon FBA Business Please visit our website: https://guidelinehub.com/
