Amazon and logistics will be one of the biggest developments in online retail for the next ten years. Fueled by “Fulfillment by Amazon”, this part of the business is only continuing to grow. And it is large already. Financial Times (paywall):
The Seattle-based company revealed that these services accounted for $6.438bn in sales in the quarter, which is more than one in six dollars of total revenues. Logistics services were the fastest-growing part of Amazon’s retail business during the quarter, growing 36 per cent from a year earlier on a currency adjusted basis.
This is a strong data point not only in favor of Amazon vertically integrating more parts of the logistics chain (as the company is currently doing) but also for marketplaces making money in accompanying services in general.
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- Deliver with Amazon: How Amazon Plans to ‘Uberize’ Logistics
- Amazon’s Logistics Moves Hint At Future As Infrastructure Provider To Online Retail
- The Logistics Kraken – Amazon Is Securing Its Last Mile Access
- ‘AmazonFresh Pickup’ is the Tech Giant’s next Fulfillment Center Concept
- Amazon Marketplace Services, AWS & Prime Each Doubled in Revenue Since 2014
- The 3 Rules on How to Expand Marketplaces
- Etsy and the Quest for Successful Specialized Marketplaces