Did you know that you can always find the best offer in the Amazon online store with almost no problems. The reason is that different providers on the platform compete for the lowest price at a given moment. And so customers buy products with practically no margins. In the beginning, Amazon only sold books, today it sells practically everything that "can" be sold. This is also why it represents a unique point where every buyer can check the price of different suppliers - sellers and get the best possible offer, i.e. the lowest price. In this write-up, we'll explore why Amazon has become the most popular online retailer in the world, and why it's high time you joined the online giant!
A year 2021 seems for Amazon breakthrough year, as it records record numbers. In a way, so big that they are unimaginable. This is also why we decided to choose those that most easily outline its greatness and convince you to switch part of your online shopping habits to Amazon. Success Amazon namely, it is not self-evident, but is conditioned by the fact that it is on this one online shopping site always the best offer, i.e. the lowest price. This is exactly what more and more people are finding out of Slovenian online consumers.
Advice for shopping online on Amazon:
Slovenians almost without exception we use German amazon.de, which is flawlessly translated into the English language. The latter is accessed via these connections or by choosing the language in the website settings amazon.de (save this link to favorites).
Fact #1: Online shoppers spend more time shopping on Amazon than the other 9 largest online retailers combined
But there are several other surprising facts. In the US, Amazon is so popular that it earns 49 cents from every dollar spent on online purchases. In other words, this means that 50 percent of the money spent on online purchases flows through Amazon. In 2019, they recorded a turnover of 280 billion US dollars! It is also incredible that in online categories such as golf, skin care, batteries, and kitchen appliances, it has more than 90% share of the online sales market.
Fact #2: Amazon is the second company in history to be worth over a trillion dollars
It happened on September 4, 2018, when Amazon entered a club previously only occupied by Apple. This is an unimaginable milestone in business history. Amazon is thus one of the most valuable companies in the world. He is kept company by Apple and Microsoft.
Fact 3: Amazon Prime is the biggest shopping club in the world, and it's not just that, it's much more!
Amazon Prime combines what 150 million members the largest shopping club in the world. But the latter became members of this club not only because of much lower postage and fast deliveries and the possibility of lower prices for certain products, but also because with membership in the biggest shopping club you get access to the biggest video library in the world (Amazon Video), the largest selection of popular book titles (Amazon Reads) and music (Amazon Music). Most services also work for Slovenian users. The statistics in the US are incredible, there are as many as 95 million Amazon Prime subscribers. So bad a third of all US citizens use Amazon Prime that way. It is necessary to realize that you can Amazon Prime you share the bill with your roommate or to married partners completely free of charge. Two-thirds of all American homes have an Amazon Prime subscription, and people in the household need one only one account. (Also applies to Slovenian Amazon Prime users).
Fact 4: If you had invested 1,200 euros in Amazon in 1997, you would be a millionaire today
Amazon carried out its IPO (Initial public offering) on May 15, 1997, at a price of 18 dollars per share of the company. If you had bought shares at that time for 1,200 dollars, would be millionaires today. But let's stay with some other facts. Amazon was founded by Jeff Bezos in his garage in 1994. Today, it makes money per minute 230,000 dollars, and his wealth at the time of writing is estimated at 129 billion dollars. After all, he is the wealthiest Earthling. But analysts because of the corona crisis and positive indicators Amazon in the first quarter of 2020, they predict that Bezos' fortune will grow to as much as 200 billion dollars by the end of 2021. This would also be a kind of milestone, because for the first time in the history of mankind, it would happen that someone has more than 200 billion under their thumb! But let's get to the beginning...
Jeff Bezos wanted to register a name for his e-commerce under the name Cadabra. He was inspired by the word "Abracadabra", which would give the store the message that it is online shopping magic. However, his lawyer misunderstood the word and pronounced it as "corpse" - cadaver. It was because of this that Jeff changed his mind. In fact, the name Amazon wasn't even Jeff's second choice, only his third. He chose Relentless as his secondary name, which translates as "relentless". But colleagues and friends were not impressed with the name. However, Jeff liked the name enough that he did bought a domain. It still happens today that if you enter a URL relentless.com, the website will redirect you directly to Amazon.com.
5th fact: Amazon Business is the largest online business store in the world!
If you use the classic Amazon, you should quickly start thinking about starting to use the version Amazon Business, which also brings a lot of incredible benefits to Slovenian companies. At the same time, it is for Slovenian companies are completely free! Of particular interest are the facts that Amazon Business is used all over the world 55 companies from the list "Fortune 100". The largest companies in the world have therefore already shifted their procurement to Amazon. These companies are followed by public institutions, such as the largest hospitals in the USA, and local self-government. Here, of course, are all companies and private individuals who want to market offers and demands achieve the best possible price. At we do business with Slovenian companies via amazon.de, German Amazon, which allows Slovenian companies the same benefits as German companies, but also allows them (if they are liable for VAT) purchase without VAT. Amazon.de is translated into English.
Fact 6: Amazon "Prime Day" is the biggest shopping holiday in the world, where the discounts are absolutely incredible
Of course you know Black Friday, Cyber Monday and other shopping holidays, but the latter cannot in any way be compared to 48 hours of pure shopping ecstasy, which is called Prime Day.
It was the first time Amazon Prime Day launched in 2015 to celebrate Amazon's 20th anniversary and was then a 24-hour event, a members-only shopping holiday Amazon Prime. Between "Prime Day”you can expect prices that are the lowest possible prices. And because Amazon is such a huge retailer, it achieves incredible prices on certain products. Last year, Prime Day was incredibly successful. During this time 48-hour sales events, which took place on July 15 and 16, are Amazon Prime members bought more than 175 million products. That was the biggest shopping day in the company's history. The company is expected to record as much as 2 billion in revenue within 48 hours. Amazon Prime Day will likely take place between June 15 and June 30 this year. The date of "Prime day 2020" is not yet known.
V Amazon Prime Day only members of the biggest shopping club can participate, Amazon Prime. You can try it for free at to this address!
Fact 7: It is by far the largest retail network in the world, Amazon N1
Amazon is just one of the retailers in its the largest trade network in the world, as more than 2.5 million companies, who sell through the network as dealers or manufacturers. They can offer their products to the whole world through Amazon. Since February of this year, the status Amazon the seller can also be obtained as a Slovenian company. All you need is to create an account Amazon Business, which you can create via this link. And you can already start a store for free at the largest retailer. Finally, let's serve up some incredible numbers. V USA is sold over in a minute 4,000 products, and the website is visited by more than 150 million users monthly. That's half of all US citizens. Of these, quite a few 89 percent say so, to get the best offer there.