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The Future of Retail: How Amazon's Growth Paves the Way for Fully Automated Stores

The Growth of Amazon and the Case for Fully Automated Stores

There's no denying that Amazon has revolutionized the world of eCommerce. Founded in 1994, the company has become a household name and one of the world's largest and most successful eCommerce companies worldwide.

According to statistics from Statista, Amazon's net sales in 2020 reached over $386 billion, making it the undisputed leader in the eCommerce industry. This impressive growth is due, in part, to the company's focus on innovation and customer satisfaction.

But Amazon's success is broader than just its products and services. The company's Amazon Marketplace platform, which allows third-party sellers to sell their products on the Amazon website, has also contributed to its growth.

In 2020, Marketplace sales made up over 50% of Amazon's total net sales.

So what does this have to do with automated stores? As the eCommerce industry continues to grow, investors and businesses need to consider the benefits of having a fully automated store as part of their portfolio. Automated stores, such as those powered by Amazon Marketplace, offer many advantages, including:

  • Increased efficiency and cost savings: Automated stores can handle large orders with minimal labor costs.

  • Access to a large customer base: Businesses can reach a broad audience of potential customers by selling on a platform like Amazon Marketplace.

  • Convenience for customers: Automated stores allow customers to shop anytime, anywhere, with the added convenience of fast shipping and easy returns.

Overall, the growth of Amazon and the success of its Marketplace platform highlight the importance of eCommerce and automated stores in today's economy. Investors and businesses looking to capitalize on the growth of the eCommerce industry should consider adding automated stores to their portfolios.

What do you think about having eCommerce or a Digital asset as part of your portfolio?

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