Shock! Amazon s profits skyrocketed 37 times!

Mondo Finance Updated on 2024-02-19

Since China's cross-border four tigers went to sea, some sellers have been saying that their sales have been robbed, and the stores are getting worse and worse.

Many people began to sing the praises of Amazon, and the words were as sincere as if Amazon had become an untouchable sinkhole!

But the recently announced financial report for the fourth quarter of 2023 by Amazon gave a slap in the face to those who said these words!

According to Amazon's financial report, Amazon's net sales in the fourth quarter of 2023 reached 1699US$6.1 billion, a year-on-year increase of 14%; Net profit reached 106$2.4 billion, a year-on-year increase of 37 times, exceeding Wall Street expectations.

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Although the "Four Little Tigers of Cross-border Going to Sea" did initially give Amazon a surprise blow and carved up a part of Amazon's order volume, Amazon also quickly gave specific countermeasures.

In terms of communication, it can't compare to social e-commerce, and it can't compare to temu who broke bones in **, Amazon is very smart to choose to play up its strengths and avoid its weaknessesLogisticsGet your hands up.

At the beginning of 2023, Amazon announced the transformation of its logistics model from "national" to "regional". And in the fourth quarter, same-day delivery and next-day delivery were achieved.

Having said all this, can you still enter the cross-border e-commerce industry in 2024?

Of course you can, but you need to be more strategic!

What is the development trend of cross-border e-commerce in the next 5 years?

In the past two years, I have chatted with too many sellers, especially many cross-border bosses, and in fact, I have found that cross-border e-commerce may be possible in the next 2 yearsIt's not just an industry, tooIt is not suitable for pure entrepreneurial novices

Now more and more factory-type sellers and first-class sellers have entered, and cross-border e-commerce has begun to become oneSales channelsThat's what it is.

For enterprises, factories, and businessmen, what we need to think about is what we should doHow to make good use of this sales channel to do business

Brother Ye sincerely advises those brothers who have nothing and still want to get a piece of the cross-border e-commerce industry in 2024 to be cautious.

If you are a factory-type seller, have done export B-end business, or have prepared funds for turnover, with our team's 8 years of experience in this industry, there are still many opportunities in the future.

In fact, many products have not been excavated and developed in the cross-border field, and I think there will still be a large market increment, and we must seriously do a good job in boutique e-commerce!

In the end, Brother Ye has reminded him many timesCross-border compliance is a serious issue, but many people don't pay attention to it at all, if you want to do your cross-border business for a long time, then you must be compliant!

For more cross-border dry goods content, welcome to pay attention to it, leading everyone to make more money with less detours

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