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Joining the Amazon marketplace has become a daily norm, with over 2,000 new sellers entering the platform every day. This steady influx of entrepreneurs highlights Amazon’s stronghold as the go-to platform for entrepreneurs.
Research from Marketplace Pulse reveals a staggering addition of nearly 5 million sellers to Amazon’s roster since 2018. Approximately 40% of these sellers have joined the U.S. marketplace, with the remainder spread across the twenty international marketplaces. Among these international markets, Brazil emerges as one of the fastest-growing, both in terms of traffic and seller count.
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While shoppers may not perceive the magnitude of this growth directly, it significantly impacts the platform’s dynamics. Amazon’s strategy no longer hinges solely on increasing sales through a larger seller base; rather, sellers contribute to the competitive pool that influences consumer choices. Their products, traffic generation, and marketing efforts collectively shape the platform’s landscape.
Amazon announced its first-quarter results, where net sales surged by 13% to $143.3 billion compared to the previous year’s $127.4 billion. The North America segment witnessed a 12% increase in sales to $86.3 billion, while international segment sales grew by 10% to $31.9 billion, or 11% when adjusted for foreign exchange rate fluctuations. Additionally, AWS segment sales soared by 17% year-over-year to $25.0 billion.