Amazon, the world’s largest e-commerce company, has come up with different content in recent years, but its main purpose is still e-commerce. Although an epidemic that has been going on since early 2020 has reduced confidence in e-commerce, Amazon has managed to greatly increase its sales. The Amazon sales report for the first quarter of this year again contains staggering figures.
Amazon sales up sharply from last year
Amazon had net sales of $75.5 billion in the first quarter of last year. In the first quarter of this year, $108.5 billion was reported. Net sales figures do not include returned or canceled sales. We would expect sales to fall given the risk of viruses carried by cargoes in the pandemic, but Amazon managed to get a 44 percent increase.
Amazon CEO Jeff Bezos recently told investors that the number of Amazon Prime customers increased by 33 percent to 200 million from 150 million in the last quarter of 2019.
In addition to the sales figures, Amazon’s profit ratio also jumped. Profit was announced at $2.5 billion in the first quarter of last year, compared to $8.1 billion in the quarter. Amazon also foresees more in the second quarter of this year. Amazon sales will be between $110 billion and $116 billion in the second quarter, according to estimates.
In a critical decision for the third quarter of the year, Jeff Bezos will step down as CEO and move to another position. The company’s new CEO will be Andy Jassy, who is now CEO of AWS (Amazon Web Services). After this change, we will see how the success of the company will be.
This shows that people rely more on products that come with cargo than those sold in physical stores. Instead of going to a store and making contact with people, it’s more tempting to buy the product online and just take the risk of shipping.
Carriers use methods such as contactless delivery to reduce contact as much as possible. These methods are technological solutions such as the creation of SMS codes to authenticate the recipient. In our country, such solutions are applied by cargo companies. Still, experts recommend disinfecting incoming cargo.