Firm Predicts Amazon 3Q Sales Over $700M

Share this content:
Advisory services firm Compete Inc. said that Amazon.com would post healthy third-quarter sales after suffering a one-week slip because of the Sept. 11 terrorist attacks.


The Boston-based company predicts Amazon's sales for the quarter will top $700 million, exceeding most analysts' estimates of $650 million.


Visits to Amazon during the third quarter rose by 13 million over the second quarter, and conversion rates increased in the third quarter, Compete said.


"Our detailed analysis shows that Amazon suffered only a week of depressed activity as a result of the terrorist attacks in New York and Virginia," said Matt Work, chief strategy officer for Compete. "Traffic and buying activity on Amazon has rebounded since September 11 and even slightly exceeds pre-attack levels."


Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above