To say that Amazon has changed the landscape of retail would be an understatement.
With the changes that Amazon has brought to the marketplace, it begs the question, should all retailers embrace Amazon?
Here are a few stats to consider:
- As of the last reporting period, there are more than 310 million active Amazon customer accounts.
- A 2017 CNBC survey found that 75% of shoppers do “most” of their shopping on Amazon.
- According to Statista, there are 105 million Amazon Prime Customers with Prime customers spending more than double what their non-Prime counterparts spend on Amazon.