Amazon's biggest source of income is online retail sales. This includes sales of physical products, digital products, and subscriptions.
Here's a breakdown of key revenue streams:
- Amazon Marketplace: This is a platform where third-party sellers can list and sell their products. Amazon takes a commission on each sale, generating significant revenue.
- Amazon Prime: This subscription service offers free shipping, streaming services, and other benefits. The recurring membership fees contribute a substantial portion of Amazon's revenue.
- Amazon Web Services (AWS): This cloud computing platform provides services like storage, computing power, and databases to businesses. AWS is a major revenue generator for Amazon.
- Advertising: Amazon offers advertising services to businesses, allowing them to reach potential customers on its platform. This is a growing source of revenue for Amazon.
While Amazon has other revenue streams, like its advertising business and its physical stores, online retail sales remain its largest and most significant source of income.
