The Dr Boyce Breakdown

Amazon's Global Takeover: 7 Reasons Why No One Can Compete


Listen Later

Here are some impressive facts about Amazon and how they make so much money:


  1. Net Revenue: In 2020, Amazon reported a net revenue of $386 billion, an impressive increase of 38% compared to 2019. The company's diverse revenue streams, including e-commerce, Amazon Web Services, and advertising, have contributed to this exceptional growth.

  2. Amazon Web Services (AWS): In 2020, AWS generated $45.4 billion in net sales, accounting for 12% of Amazon's total revenue. AWS is the world's leading cloud computing provider, powering millions of businesses worldwide with its scalable and reliable infrastructure services.

  3. Third-Party Seller Services: Third-party sellers accounted for 54% of paid units sold on Amazon in 2020. The company made $80 billion from these services in 2020, earning money through commissions, subscription fees, and fulfillment services like FBA (Fulfillment by Amazon).

  4. Prime Membership: As of 2021, Amazon Prime had over 200 million subscribers globally. With an annual fee of $119 (or $12.99/month), Prime membership generates significant recurring revenue while encouraging customer loyalty and increasing overall spending on the platform.

  5. Advertising Business: Amazon's advertising business brought in more than $21 billion in 2020. As the third-largest digital advertiser in the United States, Amazon capitalizes on its vast customer data and targeted advertising capabilities to generate revenue from sponsored products, display ads, and video ads.

  6. Physical Stores: As of 2021, Amazon operated over 600 physical retail locations, including Amazon Go, Amazon Books, Whole Foods Market, and Amazon 4-star. These stores not only drive sales but also offer valuable customer insights and serve as testing grounds for new retail technologies.

  7. Expansion and Diversification: Amazon's constant expansion into new markets and industries, such as healthcare (Amazon Pharmacy), entertainment (Amazon Studios), and logistics (Amazon Air), has allowed the company to increase its revenue sources and maintain a competitive edge. By staying at the forefront of innovation, Amazon continues to dominate the market and grow its financial prowess.

  8. ...more
    View all episodesView all episodes
    Download on the App Store

    The Dr Boyce BreakdownBy Dr Boyce Watkins

    • 4.7
    • 4.7
    • 4.7
    • 4.7
    • 4.7

    4.7

    185 ratings


    More shows like The Dr Boyce Breakdown

    View all
    Drink Champs by The Black Effect and iHeartPodcasts

    Drink Champs

    6,806 Listeners

    The Breakfast Club by iHeartPodcasts

    The Breakfast Club

    14,232 Listeners

    Earn Your Leisure by iHeartPodcasts

    Earn Your Leisure

    7,858 Listeners

    Million Dollaz Worth Of Game by Barstool Sports

    Million Dollaz Worth Of Game

    10,969 Listeners

    BIG FACTS with Big Bank & DJ Scream by The Black Effect and iHeartPodcasts

    BIG FACTS with Big Bank & DJ Scream

    834 Listeners

    Market Mondays by EYL Network

    Market Mondays

    4,052 Listeners

    Club Shay Shay by iHeartPodcasts and Shay Shay Media

    Club Shay Shay

    7,434 Listeners

    The Joe Budden Podcast by The Joe Budden Network

    The Joe Budden Podcast

    10,509 Listeners

    The Table with Anthony ONeal by The Neatness Network

    The Table with Anthony ONeal

    2,050 Listeners

    Trappin Tuesday's by Wallstreet Looks Like Us Now Network

    Trappin Tuesday's

    1,934 Listeners

    Ian & Rashad Present Black Out Unfiltered Uncut by EYL Network

    Ian & Rashad Present Black Out Unfiltered Uncut

    165 Listeners

    Money And Wealth With John Hope Bryant by The Black Effect and iHeartPodcasts

    Money And Wealth With John Hope Bryant

    312 Listeners

    Perspektives by iHeartPodcasts

    Perspektives

    87 Listeners

    Joe and Jada by iHeartPodcasts and The Volume

    Joe and Jada

    475 Listeners

    ROC Solid by The Black Effect and iHeartPodcasts

    ROC Solid

    129 Listeners