US (D2C) Ecommerce Sales Have Been Ramp up Triple Time

$7.87 B 

As per earning report of Amazon in Q1, its advertising revenue was pulled up by 23% YOY to $7.87 billion and Amazon's total revenue in Q1 raised 7% YoY to $116.4 billion. For Q2 the company predicts there will be a growth between 3% to 7%, which would range from $116 billion to $121 billion. Overall Amazon has hit all its revenue targets for Q1. 

  

$212.90 B 

Over the past six years US direct-to-consumer (D2C) Ecommerce sales have been ramp up triple time and the market has reached $128.33 billion in 2021 and it is almost forecasted to reach $100 billion in the upcoming years and ultimately Ecommerce sales reach $212.90 billion by the end of 2024. Well established brands also account for 75.5% of US D2C Ecommerce sales in 2022. 

  

9% 

Apple company has reported stronger earnings in Q2 and its revenue has raised by 9% YOY to $97.3 billion. The iPhone category has contributed the most to its revenue of $50.57 billion. The second largest lucrative sector was services which brought in $19.82 billion and increased 17.72% YOY. 

  

76% 

2020 has been the transformation year for the marketing and advertising space and this year we have seen stronger growth in online retail and Ecommerce. Due to this 76% of marketers say they spend on online video ads, whereas 70% want to invest more in social media stories and 68% on social media feeds. In order to cut down unnecessary costs, digital marketers need to take the necessary steps to deliver the right ads via the right channels. 

  

70% 

This summer Airbnb is expecting a strong rebound and the company earned 70% revenue growth in Q1. Beating Wall Street expectations Airbnb reported 102.1 million nights and experiences are booked. In the Q2 the revenue predictions would be between $2.03 billion to $2.13 billion on average the estimate would be $1.96 billion.  

Previous
Previous

Female CMOs Outnumbered Male Ones in 2021

Next
Next

In 2022, Snapchat Revenue Growth has Ramped up by 38%