eCommerce up but eBay down

 

Overall, US e-Commerce grew 14% in 2021 to $870 billion.  To add to the good news for sellers, 45% reported increased profits even with supply chain issues in 2021.

The top 10 US retail e-Commerce companies all showed double-digit increases in sales, except for eBay.  Amazon, Walmart, Target, Kroger, and Costco out-paced the overall e-Commerce growth, gaining more market share.

Part of Amazon’s growth last year came from an average of over 3,500 new sellers signing up daily.  Statistics also show that sellers with experience in eCommerce, tend to sell more!

At Hinge Global, we understand that there is a lot to learn in a constantly changing landscape.  Skip the headache of learning these marketplaces yourself and click HERE to discuss how we can help.

 

Sources:
Marketplace Pulse
Insider Intelligence

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