Are you excited to read the topic Amazon Book Sales Statistics
Amazon.com Inc. is an American multinational e-commerce company founded in 1994, in Washington, US. Amazon Books, the subsidiary of Amazon.com, is a chain of retail bookstores started in 2015 in Washington. Amazon.com has become one of the big five information technology companies, Google, Microsoft, Apple, and Meta. Amazon focuses on different fields like e-Commerce, Cloud Computing, AI, Entertainment, Digital streaming, self-driving Cars, and Supermarket.
Cloud computing platform AWS is from Amazon.com. Amazon Elastic Compute is a cloud platform. Whole Foods Market LP, a multinational supermarket chain, the virtual assistant ALEXA, is now bought by Amazon. Amazon Air, Amazon Flex, Amazon logistics, etc. are the logistics used by Amazon. In Amazon Book Sale Statistics, as per marketing researchers, even though Amazon book sales make only 10% of its revenue, it comes to like 10% of its annual income, almost above $280 billion.
Amazon Book Sale
Publishing companies expect a revolution in business principles. Amazon uses its innovative ideas to market using the data-driven decision-making strategy. All the startups of Amazon were not successful, but some took place to make a notable change in the traditional approaches.
A New Approach Towards Book Selling
Amazon bought several successful methods to increase the graph of their book sales to the peak. At last, it reached the position as one among the Book Publishing Giants, Penguin, Harper Collins, Simon and Schuster, and Hachette Book Group.
Kindle
Kindle, the e-reader, started in 2007, helped to read books through a digital platform. As per the Pew Research survey, about 25% of book readers read through e-readers during the past years. Thus Amazon book sales increased a lot.
Audible
Amazon purchased a recorded book from Audible in 2008. The current generation is using smartphones for storing and retrieving data. This expectation about the current generation brought into the idea of a new tool. This is also a promoting factor for Amazon book sales. Audible allows people to listen to recordings of books instead of sitting and reading and it Can be used from anywhere.
Print-on-Demand Publishing
Amazon Print-On-Demand publishing helped many writers to write and publish e-books.
Kindle Direct Publishing
Another service to popularise book sales is CreateSpace. Create Space was an independent book publishing company. Now it is Kindle Direct Publishing, which was a new perspective on Amazon book sales. Kindle Direct Publishing includes popular titles and new ones.
Kindle Unlimited
This Amazon Book service contributed to getting books at relatively inexpensive rates. Also, self-published books and the Kindle versions of books are made available. The books include all categories like fiction, mysteries, romance, etc. The authors are approved by enrolling Kindle for publication and those who published books through Amazon Kindle Unlimited are paid by Amazon.
Other Products from amazon.com
Amazon has several products and services available, including:
- AWS
- Amazon Fresh
- Amazon Drive
- Amazon Academy
- Amazon Ads
- Amazon Studios
- Alexa
- Amazon Prime
- App store
- Kindle
- Kindle Unlimited
- Echo
- Kindle Store
- Fire Tablets
- Music Unlimited
- Fire TV
- Amazon Digital Software and Video Games
Amazon Customer Types
Amazon customers are of 3 categories :
- Sellers Those companies who use the Amazon e-commerce services
- Buyers Who buy products through the Amazon channel
- Developers All involved in Amazon Web Services.
Amazon Revenue Stream
Amazon’s subsidiaries include on-demand cloud computing, software division, Marketing, and sales. The expenses for maintaining the various functions of Amazon are made available from Sales, Ads, amazon Prime, and Web services. The charges for keeping the physical environment for packing, sorting, and delivering items, are also covered. Amazon takes all types of credit/debit cards from customers. One can view The transaction through the Amazon Pay mobile app or website. Customers can also use Linked bank accounts to view the transactions. PayPal is not allowed, since Paypal is a direct competitor of Amazon.
Conclusion
Amazon has brought a revolution in the sales of books, by providing various advanced tools to promote book sales. The important tools are Audible, Kindle, Kindle Unlimited, etc. The self-publishing of books was made inexpensive through Amazon. Book publishing and sales got a new face when Amazon entered the field. More than printed versions, e-books became popular through amazon.com. Apart from books, amazon.com has cloud architecture AWS, virtual assistant ALEXA, Music Unlimited, etc.
Faqs
1. What is meant by a business model?
The business model is the set of activities associated with all the business activities like design, supply, manufacturing, etc.
2. What is Amazon Prime Video?
It is a paid streaming media, that mainly distributes films and television programs on-demand.
3. What is ALEXA?
A voice-controlled virtual assistant from Amazon who can control smart homes, answer questions, play audio and keep you organized.
4. What was the radical change that Amazon brought into book sales?
Kindle e-book is an evolution of a new approach toward book sales.
5. What payments are allowed by Amazon for purchasing?
All types of Credit cards or Debit cards, pay on delivery, net banking, including prepaid gift cards excluding PayPal.
