Jul 24
Amazon Keeps Taking Share!
Not only is Amazon taking share of business away from eBay and other online ecommerce sites, but they are apparently taking share away from the offline world as well.
The online data is easy to track with Amazon active users growing 18% Y/Y in the 2nd quarter to 81 million, compared to eBay, which grew active users by 1% Y/Y to 84 million in the most recent quarter.
So where are these new Amazon customers coming from? Certainly they are coming from other online retailers and marketplaces, with eBay and Overstock recently reporting slowdowns, but could they also be coming from traditional B&M retailers as consumers decide to travel by mouse rather than car.
Perhaps Amazon is getting an increase in share of new online shoppers who would prefer to shop from home than drive to the store. Jeff Bezos suggested that during the conference call; “On the fuel prices we suspect that […]