Amazon’s Third-Party Sellers increased Unit Sales by over 40 percent
(Best Syndication News) - Amazon.com (NASDAQ: AMZN) announced today that over 2 million third-party sellers worldwide sold on their website in 2012. The third-party holiday seller unit sales have grown to over 40 percent compared to the same time in 2011. Over the entire 2012 year, Amazon third-party sellers worldwide have sold hundreds of millions of units valued in the tens of billions of dollars.
Peter Faricy, VP for Amazon Marketplace said that their website serves over 188 million active customers throughout the world.
Third-party sellers can fulfill the orders themselves or they can use Fulfillment by Amazon (FBA). If a seller uses the FBA service, Amazon will ship their products for them. Sellers utilizing FBA can also opt to offer the buyer FREE Super Saver Shipping on their items. Amazon also handles the returns and the customer service issues.
Eli Silver, president of Amazing Deals Online, an electronics retailer based in Edison, New Jersey, has been a third-party seller with Amazon for around 12 years. In 2012, he said his business orders increased by over 70 percent compared to the year before. They use Amazon’s FBA program to help fulfill the orders, especially around Christmas time when shipping deadlines can be difficult to meet.
By: Dave Reddy