With 6,000 Orders Per Minute, Amazon Prime Day Is One Example of Explosive Data Growth - Quantum Blog (2024)

FAQs

How much do Amazon sales increase on Prime Day? ›

Package-tracking and purchase protection platform Route reported that Amazon saw a 136% increase in sales during Prime Day compared to its 2024 baseline sales, while TikTok saw a 50 percent increase over its baseline with its Deals For You Days promotion, and Walmart saw a 23 percent increase over its baseline with its ...

Amazon didn't reveal exact numbers, but Adobe Analytics reported that consumers spent $14.2 billion during the Prime Day event, an 11% jump from last year's $12.7 billion total.

Prime Day Purchase Data Findings:

The average Prime Day 2024 spend per order is $60.03 (compared to $56.64 from the same period on Prime Day 2023). So far, 34% of orders were placed for $20 or less, and 16% were for more than $100.

Amazon's two-day Prime Day event certainly hit its prime, as online shoppers spent a record-setting $14.2 billion, up 11% from last year, according to sales tracking data from Adobe Analytics.

Prime Day is historically good for Amazon stock. According to The Dow Jones Market Data, the day after the event, AMZN usually trends higher. It increases an average of 0.2%, an average 1.7% the following week and an average 4.3% the following month. That's not the case this year.

How Much Does Amazon Earn Daily? While the daily earnings may vary, reports suggest that Amazon rakes in approximately $1.29 billion daily. Breaking it down, this amounts to: $53-54 million per hour.

Prime Day is a shopping event with deals exclusively for Prime members.

Prime Big Deal Days is an iteration of Prime Day — it's a 48-hour sale in October that's exclusive to Prime members, during which brands discount products to some of their lowest prices of the year.

Aside from the exponential increase in sales that many brands experience during Prime Day, there are also four other major benefits: Marketing – Amazon takes great steps, both on and off the site to increase traffic during this special day.

The Amazon Prime subscription price increase goes into effect Feb. 18 for new members and March 25 for current members.

How many times a year does Amazon Prime Day happen? ›

Amazon Prime Day started in 2015 and has become an annual two-day sale. Aside from a few outliers tied to the pandemic, Prime Day usually takes place in mid-July.

Amazon Prime Day, the biggest shopping event of the year, is back July 16-17, 2024. Shop two days of amazing deals on all of your favorite brands. Lee este artículo en español. Follow our live blog to get updates on the best deals of Prime Day 2024!

With features like 'One-Click Ordering' and free next day delivery for Prime subscribers, shopping becomes effortless in a fast-paced, increasingly digital world. Additionally, the introduction of Amazon lockers and hubs ensures even those not at home can receive their orders with ease.

Amazon's Prime Day event, which ran Tuesday and Wednesday, has become a big revenue driver for other retailers, which often hold competing sales timed around Prime Day. Amazon said Thursday it also saw “record-breaking” Prime Day revenue, though it didn't disclose total sales from the event.

Prime's success is owed in large part to kids obsessed with the brand. Between its social media stunts and limited drops, Prime was built for the glued-to-their-phone tweens of today. Those under age 8 already spend three hours per day on the apps, per Morning Consult's March 2024 Growing Up Alpha report.

If you're about to buy something on Amazon, you might want to hold off a few more days. This is actually the worst time of year to find deals at Amazon and some of the other retailers. The reason is prices tend to jump leading up to Amazon Prime Day, and some of the discounts you're seeing might not be what they seem.

U.S. shoppers spent a record $14.2 billion online during Amazon's two-day Prime event, up 11% year over year, according to Adobe Analytics data. Consumer electronics and back-to-school products were among the top categories.

Amazon.com Inc.'s Prime Day sales rose almost 12% in the first seven hours of the event compared with the same period last year, according to Momentum Commerce, which manages 50 brands in a variety of product categories.