Amazon US sales grow 31% in Q1 2008
Apr 23rd, 2008 | By Max Leisten | Category: Amazon NewsAmazon reported earnings tonight after market close and there are a few interesting highlights:
- Sales in North America are up 31%, International grew 41%. That’s about 13% (in the US) more then the anticipated 18% YOY e-commerce growth rate for 2008. Continuing to gain share of the overall pie.
- Fulfillment By Amazon adoption grew 50%, showing strong momentum. Probably a result of both good media coverage, sellers competing with FBA listings (tough one) and resigning to “if you can’t beat them, join them” and Amazon sales efforts (one seller on a Yahoo! store sent me a note that he was contacted by Amazon on basic fulfillment opportunities).
- Media as a product category continues to shrink with only 28% growth (CE/general merchandise grew 56%). Points to growing 3P sales as a share of overall revenue.
- Amazon’s “developer network” grew 10% to 370,000 developers in the last quarter. As opposed to eBay’s developer program which is laser-focused on growing traffic and sales, this is cool to see but really doesn’t have a significant impact on merchandising revenue on Amazon.
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