Amazon Q2 worldwide sales up 41% over Q2 2007

Share this article:

Amazon.com second quarter net sales increased 41% to $4.06 billion, compared to $2.89 billion in second quarter 2007.

Net income increased 102% to $158 million in the second quarter, compared with a Q2 net income of $78 million in 2007.

The company also announced that its North American sales, representing its US and Canadian sites, were $2.17 billion, up 35% from Q2 2007.

International sales, representing the Company's UK, German, Japanese, French and Chinese sites, were $1.89 billion, up 47% from Q2 2007, and increased to 47% of worldwide net sales, compared with 45% last year.

The company indicated that the rising cost of fuel, coupled with the sluggish economy, led consumers to seek bargains on e-commerce sites like Amazon. It also said that more customers are joining Amazon Prime, a membership program where customers can pay $79 annually for upgraded shipping options.

“Amazon Prime membership costs less than a tank of gas — more and more customers are joining the program and enjoying its benefits,” said Jeff Bezos, founder and CEO of Amazon.com, in a statement.

Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

7 Ways to Take Your Marketing Strategy to the Big Leagues

7 Ways to Take Your Marketing Strategy to ...

A game-winning omnichannel strategy must be seamless, synchronous, and symbiotic.

Pet World's Multichannel Marketing Is a Whole Other Animal

Pet World's Multichannel Marketing Is a Whole Other ...

The family owned pet store redesigns its website to bring the in-store experience online.

Complexity's What Marketers Got, Simplicity's What They Want

Complexity's What Marketers Got, Simplicity's What They Want

Customer insights managers want campaign management tools to remain easy to use, even as they up their games with multi-layered campaigns.