Once again, Amazon Prime Day has broken all records for merchandise sales. Eager shoppers clicked or swiped to buy more merchandise on 16 July than on Black Friday or CyberMonday, two "shopping holidays" that lead into Christmas buying season. Small businesses were among the big winners, promoting discounts to their customers via the Amazon retail platform.
Although Amazon generally puts special emphasis on electronics on Prime Day, Drapers reports that the retailer sold 287k clothing items during its shopping holiday--many of these from the company's private brand collections. Amazon has been more aggressively promoting its private brands in recent years, with product launches scheduled during Prime Day in 2018.
One of the year's most popular appliances sold out--the Instant Pot. But, not surprisingly, Amazon's own Echo Dot speaker was the biggest seller of all on Prime Day, along with its own Fire Stick TV device.
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Companion blog to the textbook by Marian Burk Wood includes links to resources for marketing planning
Current edition
Updated list of links
About the Author
- Marian B. Wood
- After holding executive positions in corporate and non-profit marketing with Citibank, JPMorgan Chase, and the National Retail Federation, I became a textbook author at the dawn of the Internet age. Pearson Education publishes my college textbook, 'Essential Guide to Marketing Planning.'
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