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Electronics and other general merchandise [EGM] now accounts for 43% of Amazon's (AMZN) sales,...

Electronics and other general merchandise [EGM] now accounts for 43% of Amazon's (AMZN) sales, vs. 54% for media. The rate of EGM growth (44%) versus that of media (17%) highlights its rapid and successful transition from a bookseller to an "everything store," which will become even more pronounced once it completes acquiring Zappos in Q4. (read Amazon's Q3 earnings call transcript)
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  • vboring
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    Amazon really stuck gold here. They took the convenience of ebay and cut out the creepiness and unreliability. They are the best place for specialized parts in everything. And the customer service is outstanding.
    23 Oct 2009, 10:42 AM Reply Like
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