Highlights. Amazon Marketplace vendors sold $480 billion in merchandise in 2023 representing 83.5% of Amazon’s net sales for the year.
- The average Amazon Marketplace seller made $250,000 in sales in 2023, up 8.70% year-over-year (YoY).
- Amazon counts 1.9 million active sellers on Marketplace in 2023, with upwards of 548 new sellers per day.
- Third-party sellers list nearly 350 million items on Amazon Marketplace and sell an average of 8,600 products per minute.
- 61% of 2024 unit sales on Amazon are with independent sellers on Marketplace.
- 300 million shoppers make at least one annual purchase from Amazon Marketplace.
Amazon Marketplace Sales Statistics
Shoppers on Marketplace buy from third-party sellers as opposed to purchasing Amazon products.
- 30% of Amazon Marketplace sellers make over $60,000 per year.
- New sellers on Amazon Marketplace make an average of $30,000 in their first year.
- 48% of Amazon Marketplace Sellers make $1,000 or less per month.
- 58% of Marketplace sellers turn a profit within their first year of selling.
- The average small- or medium-sized business (SMB) on Amazon Marketplace makes over $140,000 in annual sales.
- In 2020 (during COVID-19 lockdowns), Amazon Marketplace SMBs netted over $160,000 in annual sales.
Amazon Marketplace Seller Statistics
Amazon allowed third-party sellers to sell directly to consumers starting in 1999.
- 2.3 million independent businesses sell on Amazon as third-party sellers.
- 48% of Marketplace businesses are women-owned.
- The average Marketplace seller spends $5,000 or less to open their store on Amazon; 16% of sellers open their stores for $500 or less.
- 200,000 new sellers joined Marketplace in 2020 during COVID-19 lockdowns.
- SMBs that sell on Marketplace employ more than 1.8 million workers.
- 60% of all purchases on Amazon are through Marketplace from SMBs.
- 48% of Amazon Marketplace stores take less than three (3) months to launch.
- 50% of Marketplace sellers spend 10 hours a week or less working on their Amazon business.
- Amazon Marketplace businesses ship from over 130 countries.
U.S. Amazon Marketplace Seller Statistics
Over 1.1 million Marketplace sellers are located in the United States.
- 13% of American Amazon Marketplace sellers made over $100,000 in sales in 2021.
- 0.54% of Marketplace sellers in the U.S. made over $500,000 in 2021 sales.
- 0.01% of U.S. Amazon Marketplace Sellers made over $1 million in sales.
- U.S. Amazon Marketplace sellers exported 260 million products to global buyers in 2022.
- Wyoming residents are more likely to sell on Amazon Marketplace than residents of any other state.
Amazon Marketplace Seller Cross-Listing
Many Amazon Marketplace sellers list items on other digital marketplaces to reach a wider audience, including non-Amazon users.
- 24% of Amazon Marketplace sellers also listed items on eBay in 2022, down 14.3% from 2021 when 28% of marketplace sellers also listed on eBay.
- 16% of Marketplace sellers also listed items on Shopify in 2022, up 6.67% from 2021 when 15% of sellers listed items on Shopify.
- 15% of Amazon Marketplace sellers also listed on Walmart Marketplace in 2022, up 25.0% from 2021 when 12% listed with Walmart.
- 13% of Marketplace sellers also listed on Etsy in 2021 and 2022.
- 13% of Amazon Marketplace sellers also listed items on Facebook Marketplace in 2022, up 8.33% from 2021 when 12% of Amazon sellers listed on Facebook Marketplace.
Amazon Marketplace Product Statistics
In terms of gross merchandise value (GMV), Amazon is home to the third-largest global online marketplace after Taobao and Tmall.
- On Amazon Prime Day in 2022, 37.2% of items sold worldwide were marketplace products.
- The number of products sold on Amazon Marketplace increased 9.76% between 2022 and 2023.
- Amazon Marketplace vendors sold over 4.5 billion products in 2023; that’s 8,600 products per minute.
- From Black Friday to Christmas Day 2021, third-party sellers sold an average of 11,500 products per minute.
- Amazon Marketplace buyers spend the most on products for daily use; the Top 5 Marketplace product categories by sales include:
- Health and personal care
- Home
- Beauty
- Grocery
- Apparel
Fulfillment by Amazon (FBA) Statistics
Amazon offers “fulfillment-only” services to third-party vendors that include storage and shipping.
- Amazon spent $90.619 billion on order fulfillment in 2023, up 7.50% YoY.
- Order fulfillment cost Amazon $84.299 billion in 2022.
- Amazon spent 28.4% more on order fulfillment in 2021 than 2020.
- Fulfillment expenses represent 16.8% of Amazon’s total operating expenses and were equivalent to 15.8% of 2023 sales dollars.
- Fulfillment costs accounted for an average of 16.4% of total operating expenses over the last 5 years.
- Amazon spent $89.5 billion on outbound shipping in 2023.
- While Amazon no longer reports shipping revenue, in recent years, revenue offset up to 57% of shipping costs.
Independent Business on Amazon Statistics
Amazon has expanded its third-party seller Marketplace to include specialty stores, and Amazon’s Kindle Digital Publishing (KDP) lets independent authors publish their work digitally.
- Registered third-party sellers can apply to sell their products under an Amazon specialty store program for an additional charge (usually $39.99 per month plus selling fees).
- Amazon launched Homemade to compete with Etsy; this program is available to artisans in over 80 countries.
- Amazon Custom is for sellers with customizable products; approved applicants are usually notified within an hour.
- Over 1 million authors have published e-books in 40 different languages with KDP.
- In 2020 alone, KDP-published authors earned over $370 million in royalties.
- Since 2014, KDP authors have earned over $1.5 billion through Kindle Unlimited.
- To qualify to sell on Amazon Renewed, third-party sellers must provide invoices of refurbished and pre-owned product sales totaling a minimum of $50,000 over 3-to-6 months.
- Amazon Merch offers printing and shipping to businesses small and large; major brands include Cartoon Network, Disney, and Universal.
Amazon Marketplace Shopper Statistics
A large share of Amazon Marketplace shoppers are Prime members.
- Amazon has over 200 million total global users with Amazon Prime.
- 236.2 million shoppers visited Amazon websites in May 2024.
- 126 million people shop via mobile device per month.
- 42 million people shop via desktop in an average month.
- 71% of U.S. Amazon shoppers are Prime members.
- An estimated 76% of Amazon Prime shoppers are in the United States.
- 165 million or 61.7% of Americans have Amazon Prime memberships.
These data and insights were compiled by the Capital One Shopping team based on publicly available data.
Sources
- Amazon Investor Relations
- Amazon Selling Partner Blog
- Statista, Online Marketplaces
- Amazon News
- Amazon Assistant UK, How to Advertise on Amazon Seller Central
- Insider Intelligence, eMarketer
- Jungle Scout, How Much Money Do Amazon Sellers Make?
- Marketplace Pulse, Articles
- Contimode, 10+ Amazon Seller Statistics
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