EMEA / Life & Culture
NACE / Industry Insight
Why Amazon’s Third-Party Sales Are Exploding
Amazon CEO Jeff Bezos recently revealed some interesting data about “third party” sellers on Amazon’s marketplace in his annual report to shareholders. Last year, third-party sellers accounted for 58 percent of all products sold through Amazon, worth a total of $160 billion. eBay – the owner of Marktplaats.nl in the Netherlands – seems to be especially suffering. They lost 95 billion in gross trading volume in recent years, exactly Amazon’s growth in the past four years. Amazon’s external sales have also increased by a quarter in those years.