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Amazon overtakes Snapdeal, becomes India’s second largest online marketplace, despite Indian goverment’s e-commerce rulings

Amazon overtakes Snapdeal, becomes India’s second largest online marketplace, despite Indian goverment’s e-commerce rulings

Amazon finally addressed India’s additional rules governing foreign ownership of e-commerce late last week, amidst news that the global marketplace juggernaut is now set to take the lead as India’s top online marketplace. According to the Economic Times, former market leader Flipkart’s share of shipments fell to 37% in March from 43% in the same month in 2015, and Snapdeal’s fell to 14-15% from 19%. Amazon India’s unit market share surged to an estimated 21-24% from 14%.

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How InstaNatural achieved $1 million monthly sales on Amazon

How InstaNatural achieved $1 million monthly sales on Amazon

In an insightful interview on Freedom Fast Lane podcast, Dan Brenner and AJ Patel discuss their ecommerce business InstaNatural. Based in Orlando, Florida they have been selling across many platforms, but their strongest play so far has been Amazon - Instanatural LLC has been featured in both January and February fastest growing sellers reports this year. Dan and AJ discuss how they got started on Amazon, what it took to achieve $1 million in monthly sales and their plans to go to $10 million and reaching $1 billion in yearly sales.

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Fastest Growing eBay.com Sellers April 2016 Report

Fastest Growing eBay.com Sellers April 2016 Report

In the previous fastest growing eBay sellers reports we showcased that top spots were always taken by international sellers. This is not the case this time - Top 3 are all based in the United States. Fastest growing seller is The Stamp Professor by stampprof. Based in Naples, Florida they offer a selection of postal stamps from 1941 all the way to current times. A good example of focusing on a niche and offering a unique selection.

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Fastest Growing Amazon.com Sellers April 2016 Report

Fastest Growing Amazon.com Sellers April 2016 Report

Fastest growing seller in April was petphabet. Launched on Amazon in November last year they have been growing steadily since. They are based in Fremont, California and offer a range of pet products, with a majority of them under their own brand. Before launching on Amazon, they had a successful ecommerce website and social presence. Last week Amazon published 2016 Q1 earnings report which were very promising. Sales were up across the board, with Amazon.com sales growing by 26.7%. Yet the most important metric for us at Marketplace Pulse was that 48% of all sales were done by third-party sellers, like the ones in this top 100 list. This is the highest it has ever been and hopefully it will continue to grow.

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Amazon 2016 Q1 Results - Sales up by 28%

Amazon 2016 Q1 Results - Sales up by 28%

Amazon released 2016 Q1 earnings report today, and managed to beat all expectations. Strong revenue and profit numbers, and continuing international growth from the leading global ecommerce company. Amazon.com generated $16,9 billion in sales up by 26.7%, while international (all other marketplaces like Amazon Japan and Amazon Germany) did $9,5 billion in sales up by 23.5% from last year.

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eBay Reports 2016 Q1 Financial Results

eBay Reports 2016 Q1 Financial Results

Today eBay Inc. reported 2016 first quarter results. eBay Inc. reported $20.5 billion in gross merchandise volume, up by 5%. $19.6 billion was generated by marketplaces like eBay USA, eBay UK, etc. Marketplaces revenue was up by 3% from 2015 Q1.

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Alibaba invested $1 billion into Southeast Asia e-commerce platform Lazada

Alibaba invested $1 billion into Southeast Asia e-commerce platform Lazada

Online marketplace, including mobile, Alibaba invested heavily in its expansion into Southeast Asian countries recently by investing $1 billion into Lazada, the foremost ecommerce platform for the Southeast Asian markets.

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Largest electronics retailer in China GOME joins Amazon China marketplace

Largest electronics retailer in China GOME joins Amazon China marketplace

Amazon China and GOME announced a partnership in which GOME will start selling on Amazon.cn. GOME Electrical Appliances Holding Limited was founded in Beijing in 1983. It's one of the oldest and largest electronics retailers in China and Honk Kong. In 2015 GOME's yearly revenue reached close to $10 billion. To keep that in perspective, Amazon's yearly revenue is $100 billion, thus GOME had tremendous sales.

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Avalanche Brands, empowering entrepreneurs in the marketplace

Avalanche Brands, empowering entrepreneurs in the marketplace

As previously reported in Amazon Marketplace News, Jeff Bezos recently revealed “There are over 70,000 entrepreneurs with sales of more than $100,000 a year selling on Amazon, and they’ve created over 600,000 new jobs.” Who are these entrepreneurs, generating approximately 7 billion dollars in sales? One example is Avalanche Brands, generating over an estimated $100 million in sales on the Amazon Marketplace.

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How to Properly Benchmark Your Amazon Business

How to Properly Benchmark Your Amazon Business

Good, you know how to optimize your listing. Great, you know how to market your product. Awesome, your products are selling well and have earned a nice flow of cash. But then you feel it – the boredom of monotony. Selling is fine, but the real fun of e-commerce is selling MORE than your competition. Sorry – CRUSHING your competition. But now we’re taking a macro look at your business. How do you benchmark yourself and compare yourself to other businesses? How do you peek at your overall market and crush the competition.

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