Amazon is definitely one of the most popular brand names all around the world. But its founder, Jeff Bezos, actually had a much more modest idea at the very beginning. He simply wanted to make an online bookstore with every book in the world.
However, his original idea quickly developed into something much bigger when he decided to make Amazon into a store that has everything for everyone. And thus, Amazon became the world’s biggest online store.
During the 23 years span, Amazon converted from a relatively obscure book business into dominant ecommerce platform, cloud service provider, and so much more. Furthermore, it’s a well-known fact that the best products can be found on this site, whether it’s the latest smartphones, any types of apparels, gardening tools or any other items, you can always find great offers on Amazon marketplace.
These days, Amazon owns around 43.5% of the entire ecommerce market in the United States. There are over 300 million active users on the platform and over 3 billion products are sold every month.
Additionally, there are over a million products added every day. By 2020, Amazon is expected to sell over 12 billion products. That’s almost twice the entire population of the planet.
Even Bezos himself has broken some records. Just last year he became the wealthiest man on the planet. His entire fortune surpasses 100 billion dollars. In fact, Bezos makes more money in a single minute compared to the average millennial salary. That’s around $36,000 per minute.
If you’d like to know more about one of the biggest online retailers in the world and why you should sell on Amazon marketplaces, take a look at this infographic and be amazed.