There is no one answer to this question as the profitability of selling products on Amazon will depend on a number of factors including the specific product, the category of product, the competition in that category, and the marketing and sales strategies that are employed. However, based on our analysis of the current market conditions, it is safe to say that selling products on Amazon is still a profitable endeavor in 2020.
One of the main reasons why selling products on Amazon is still a profitable endeavor in 2020 is because Amazon continues to grow at an unprecedented rate. In 2018, Amazon’s revenue increased by 27% to $482.
5 billion. This growth is likely to continue in 2020 as Amazon continues to dominate the online retail market.
Another reason why selling products on Amazon is still a profitable endeavor in 2020 is because Amazon continues to invest heavily in its ecommerce infrastructure. In 2018, Amazon spent $5.7 billion on new infrastructure, which is expected to increase to $11.
9 billion in 2020. This investment is likely to improve Amazon’s customer experience, which will in turn make it more difficult for competitors to compete.
Finally, one of the main reasons why selling products on Amazon is still a profitable endeavor in 2020 is because Amazon continues to offer a high level of customer service. In 2018, Amazon’s customer service satisfaction rating was 8.
4 out of 10, which is higher than the ratings of any other ecommerce company. This customer service excellence is likely to continue in 2020 as Amazon continues to invest in its customer service capabilities.
