Can Amazon still do it in 2024?

As one of the world's largest e-commerce platforms, Amazon has always been a leader in the field of cross-border e-commerce. As the market environment continues to change, many merchants and entrepreneurs are paying attention to Amazon's development prospects in 2024. This article will explore whether Amazon still has development potential in 2024 and the monthly income of merchants on the platform.

1. Will Amazon still be able to do it in 2024?

Market position: Amazon occupies a leading position in the global e-commerce market, with a huge user base and a mature operating system.

Technological innovation: Amazon continues to invest in research and development to promote technological innovation, such as cloud computing services (AWS), artificial intelligence (AI) and machine learning (ML), to enhance its market competitiveness.

Diversified business: In addition to e-commerce, Amazon is also involved in cloud computing, e-reading, smart hardware, logistics and other fields, forming a diversified source of income.

Global layout: Amazon has sites in many countries and regions around the world, providing merchants with a broad market space.

Competitive pressure: Although Amazon has a solid market position, it faces fierce competition from other e-commerce platforms and local e-commerce companies.

Regulatory changes: Changes in e-commerce regulations in various countries may have a certain impact on Amazon's operations.

2. How much does Amazon earn in a month?

An Amazon merchant’s monthly revenue is influenced by a variety of factors, including:

Product Category: Different product categories have different profit margins and market demands, which affects the merchant’s revenue.

Sales volume: A merchant’s sales volume directly determines his income level.

Operating costs: including product procurement costs, logistics costs, platform commissions, advertising costs, etc.

Market competition: The level of competition among similar products will also affect the sales and profits of merchants.

Seasonal factors: Seasonal factors such as holidays can affect consumers’ purchasing behavior, thereby affecting merchants’ revenue.

Operational strategy: A merchant’s marketing strategy, customer service, brand building, etc. will also affect its revenue.

Amazon still has great development potential in 2024, but merchants need to face fierce market competition and a changing regulatory environment. Merchants can increase their monthly income on Amazon through strategies such as careful product selection, optimizing product listings, leveraging Amazon's advertising and programs, and improving customer experience.