Although the supply chain crisis threatens the US retail industry, according to emarketer's latest forecast, US retail sales will exceed the $6 trillion mark for the first time by the end of 2021, a year-on-year increase of 15.5%. E-commerce accounts for nearly a quarter of total retail sales.
According to existing data forecasts, retail e-commerce sales will increase by 16.1% in 2021, reaching nearly US$1 trillion.
Amazon ranks first in the US e-commerce retail share rankings, occupying 41.0% of the market share in 2021, an increase of nearly 2%, which can be said to occupy half of the country.
The most popular product for Indian festival turned out to be a smartphone
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The one-month Amazon Great India Festival promotion has almost ended. The most popular hot-selling product categories mainly include: electrical appliances, kitchens, home entertainment, furniture, home furnishings, lawns and gardens, and grocery stores.
According to the latest relevant data, smartphones are the best performer in this promotion.
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Amazon will launch a good tool in 2020, good for sellers to sell
Amazon America announced that it will launch the "Product Opportunity Explorer" tool in 2022 to explore the needs of buyers to launch new products. This tool is good for sellers.
This tool will help sellers understand Amazon buyers’ search and buying behaviors by providing pertinent insights about what buyers are searching, clicking, buying, and even not buying, so as to assess whether there are unmet buyer needs, and to satisfy them with new products. This demand opportunity accelerates the brand recognition and launch process.
The tool even provides supporting data about search volume and its growth, sales history, pricing trends, etc., to help sellers identify buyer needs and formulate strategies.
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