Amazon is the largest delivery service in the US, delivering more orders than UPS and FedEx, and is expected to keep growing in the future.
Sales this holiday season could be bigger than ever following the success of Amazon’s October Prime Day event as shoppers develop a taste for bargains.
Prime Day is no longer just about Amazon. Consumers are increasingly shopping on additional marketplaces, as well as Amazon, to find the best deals.
If sellers don’t get inventory to Amazon before October 26th, they may face capacity issues in November, impacting Black Friday and holiday season orders.
Hiring a monumental number of logistics workers, Amazon seems bullish the 2023 holiday season will be huge. Other retailers are expecting lackluster sales.
Amazon’s ad revenue is growing and is estimated to account for 10% of digital ad spending in 2023. Expanding to other sites could further inflate this growth.
Amazon’s second Prime Day of 2023 will take place in October and is expected to be discount-heavy as holiday season consumers navigate inflation.
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