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Just one company accounted for 60% of U.S. online sales growth last year

And that company is…Amazon, says InternetRetailer, citing Forrester Research data. The company earned $23 billion more in 2015 than it did in 2014, bringing in a total of $100 billion last year. That $100 billion not only represents 60.5% of all the online retail growth in America last year, it also represents almost a third … Continue reading “Just one company accounted for 60% of U.S. online sales growth last year”

And that company is…Amazon, says InternetRetailer, citing Forrester Research data. The company earned $23 billion more in 2015 than it did in 2014, bringing in a total of $100 billion last year. That $100 billion not only represents 60.5% of all the online retail growth in America last year, it also represents almost a third of all U.S. e-commerce sales happened on Amazon in 2015—up from a fifth just three years earlier.

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“To bottom-line it, Amazon is growing very rapidly at a large scale and essentially sucking all of the oxygen out of the e-commerce room and, in fact, the overall retail room,” ChannelAdvisor’s chairman Scot Wingo told InternetRetailer.

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About the author

Michael Grothaus is a novelist, journalist, and former screenwriter. His debut novel EPIPHANY JONES is out now from Orenda Books. You can read more about him at MichaelGrothaus.com

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