2020 AMAZON RESOLUTION
In this article, we will focus on Amazon, the market leader in the market and which is increasing its global presence in recent times.
Yanpiere 2 min read
Table of contents
To sum up 2020 in Amazon, it is important to mention that the e-Commerce sector is in an expansion phase. It is true that the sector has grown in recent years, but due to the current global situation, e-commerce has experienced a boost worthy of comment.
In this article, we will focus on Amazon, the market leader in the market and which is increasing its global presence in recent times.
Amazon updates for the year
To begin with, the technology giant has tripled the sales of its large competitors, covering 15% of electronic commerce in Spain and earning a total of 7,567 million euros. Likewise, the US platform has incorporated new markets around Europe, benefiting clients, and entrepreneurs seeking to internationalize their businesses.
Similarly, it has incorporated new tools with the aim of facilitating the platform’s processes. We have the new Selling Partners API to improve the interaction of external services, both for Seller and Vendor.
Similarly, we have seen the incorporation of Amazon Pharmacy, authorizing the purchase of prescription drugs without a shipping fee and a new seal that guarantees sustainability, known as Climate Pledge Friendly, for Sellers and Vendors.
In addition, we have the Amazon Live teleshopping, which continues with its constant growth, the launch of Amazon Attribution, and the smart scale that automatically orders products when the quantity is reduced.
Major takeaways
Concluding with the recap of 2020, we highlight that Amazon is committed to creating hundreds of thousands of jobs around the world, giving support and opportunities to individuals of all levels and stages of their professional careers.
Likewise, we highlight their involvement in protecting the planet, and finally, in strengthening and fully trusting small and medium-sized companies.
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FAQ: Amazon’s 2020 in Review
How much of Spain’s e-commerce market did Amazon capture in 2020?
Amazon covered 15% of e-commerce in Spain in 2020, tripling the sales of its largest competitors and earning a total of 7,567 million euros.
What is the Amazon Selling Partners API?
It’s a tool Amazon introduced in 2020 to improve the interaction of external services with the platform, benefiting both Seller and Vendor accounts.
What sustainability initiative did Amazon launch for sellers in 2020?
Amazon introduced the Climate Pledge Friendly seal, a certification available to Sellers and Vendors that guarantees a product’s sustainability credentials.
What is Amazon Pharmacy?
Amazon Pharmacy is a service launched in 2020 that authorizes the purchase of prescription drugs on the platform without a shipping fee.
What new tools did Amazon add to help manage inventory in 2020?
Amazon added a smart scale that automatically reorders products when stock runs low, alongside Amazon Attribution and the continued growth of Amazon Live teleshopping.