News: ChannelAdvisor: Amazon Sales Growing 15 Times Faster Than eBay

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.

Posted 27 April 2010 | Permalink

Posted in: Marketplaces

1 comment

Comments

Small base, 3 May 2010
Posted by: Jax Music Supply

Amazon is growing off of a much smaller base than Ebay. What are the total dollar change? If ebay is selling $1000 and grows 5%, then it is $50. If Amazon selling $100 per year and grew $200, they are only up $50 too. The bigger you are, the harder it is to post those double digit growth numbers. No doubt that Amazon works hard on the customer experience and marketing to grow their business but it is still a lot of spin when looking at percentages.

Jack

http://www.Jax-music.com