With annual revenue exceeding $500 billion and monthly visits reaching 200 million, what are Amazon's advantages?

After Amazon's annual revenue grew nearly 38% in 2020 to $ 386 billion, the growth trend is not going to stop, and by the end of 2021, Amazon's revenue will exceed $500 billion , according to analysis by package tracking platform Trackr.

In addition, Trackr expects Amazon to increase its annual net revenue by at least 30% year -over-year and set a new record high. In 2020, the platform's annual net revenue has reached US$21.3 billion.

The analysis firm believes that consumption will continue to face challenges from the ongoing health crisis this year , and that Amazon has five advantages that will enable it to make more money.

Trackr said the outbreak and related global lockdowns have accelerated the shift toward e-commerce by five years as consumers try to adapt using modern technology . Downloads of shopping apps surged to become the second most popular app category after music apps .

Among them, Amazon, as a long-established e-commerce application , has become the first choice for various shopping apps because of its long-standing reputation among consumers .

Second, increased consumer demand for online shopping options has allowed Amazon to solidify its position in the e-commerce space.

Trackr says Amazon has more than 200 million visitors per month and its Prime membership is growing, expected to reach 153.1 million in 2022. With its unique holiday season promotions and Prime Day, Amazon has ideal conditions to thrive .

In addition, there are still many new sellers entering Amazon. According to data, there are more than one million new sellers on Amazon every year .

JungleScout research shows that 85% of Amazon sellers are profitable , accounting for more than half of Amazon's $386 billion in revenue in 2020. 44% of sellers said the epidemic was an important part of their success in 2020.

As of 2021 , Amazon has nearly 2 million active sellers worldwide , and 319,000 new sellers have joined the platform.

Tracker's 2021 revenue forecast for Amazon is also based on its ongoing changes to its delivery and logistics approach . Amazon is constantly looking for ways to improve its own delivery services and continues to build Amazon Air's capabilities to ensure greater efficiency in the delivery process.

In order to be able to offer multiple delivery methods, Amazon is also working on improving its distribution system and is testing new delivery methods to be able to provide faster delivery solutions , such as drone measures designed to deliver orders within 30 minutes .

Trackr also attributes its forecast to new outbreak mutations that suggest a more severe pandemic is possible , and it hopes consumers will continue to practice social distancing and purchase online.

Although Trackr 's forecast for Amazon is more positive than negative, for sellers, Amazon's recent series of "sexy operations" have made their operating experience extremely poor. At the same time, due to various factors, the revenue is not as high as mentioned above.

One seller said: "Amazon can make $500 billion, what does it have to do with me only making $5,000? "

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