Wednesday 9 February 2022

Amazon Sales In The UK Up 82% On Pre-Pandemic Levels

An annual report SEC filing by Amazon last week shows just how popular the online retailer became in the UK during the pandemic. 

Over the year to 31 December 2021, Amazon’s net sales in the UK rose 20.5% to $31.9bn (£23.6bn). However, compared to two years ago before the start of the pandemic, the figure is up 82.1% from $17.5bn (£13.0bn).

Patrick O’Brien, research director at GlobalData, commented: “While other major digital players appear to have peaked earlier in the pandemic, UK consumers show little let-up in their reliance on Amazon. It’s a very strong performance against an exceptional comparative.”

NamNews Implications:
  • No surprises, hopefully…
  • Given their high degree of customer-centricity.
  • And saturation coverage.
  • Trickling down into cost-effective fulfilment.
  • With rivals trailing behind.
  •  Best for suppliers to be on board optimising this mix…
  • …rather than trying to build up Amazon rivals in order to spread risk.
#AmazonResults #OnlineOnwards

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