ChannelAdvisor: Amazon Sales Growing 15 Times Faster Than eBay
ChannelAdvisor's first quarter results offer an insight into the eCommerce industry, showing that their sellers experienced 75% sales growth on Amazon but only 5% on eBay.
"ChannelAdvisor helps retailers sell more online as evidenced this quarter by the record-breaking success of our retailers on Amazon, an achievement in line with and even ahead of Amazon’s impressive company growth," said Scot Wingo, ChannelAdvisor CEO. "As shoppers loosen their wallets and increase spending online, we’re expecting 2010 to continue to be a banner year for ChannelAdvisor and our retailers."
Amazon, the world’s largest online retailer, reported recently that its first-quarter sales increased 46% to $7.12bn.
More about ChannelAdvisor's first quarter results. More on Amazon's first quarter results.
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