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1/5 Amazon's Professional Sellers Sell More Than One Million Dollars More Than Double Last Year

via:cnBeta.COM     time:2018/5/28 9:31:09     readed:168

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3% of these professional sellers have more than 10 million U.S. dollars, an increase from last year's 1%. this meansAmazonMore professional sellers are becoming sellers of high sales. The growth in sales of its third-party merchants is also good news for Amazon. Amazon itself received $ 9.3 billion in revenue from professional sellers in the first quarter - including commissions, storage and transportation fees, and other third-party seller services - from $ 6.4 billion in the same period last year.

These sellers also play another important role: they supply Amazon with an almost unlimited variety of commodities - now Amazon Prime offers two days of free shipping for more than 100 million items. More than half of all products sold by Amazon in the last quarter came from third-party sellers.

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Of course, Amazon’s market is constantly changing, and its sellers run the risk of competing with Amazon itself and more and more private brands. In fact, 38% of Amazon's professional sellers this year are most worried about competition from Amazon.

Therefore, 80% of Amazon sellers also sell goods through other channels. As the most common standby market for Amazon sellers, eBay is losing its leading position. This year, 52% of sellers said they used eBay, which is down from 65% last year.

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On the other hand, Wal-Mart is becoming a bigger competitor. 17% of professional businesses are also selling at Wal-Mart, compared with 9% during the same period last year. In addition, 36% of sellers said they plan to expand their sales to Wal-Mart this year.

Feedvisor surveyed 1,200 and 1,600 Amazon professional sellers this year and last year. The survey was distributed to the same sellers for two years.

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