US EditionAmazon’s Day 1 Prime Day Sales Dropped 41%, Report Finds
UNITED STATES, JUL 9 – Amazon extended its Prime Day to four days aiming for higher sales but saw a 41% drop on day one with average household spending down to $106, analysts said.
- On July 8, Amazon.com Inc. expanded Prime Day to four days; sales on the first day plunged 41% compared to last year’s first day.
- Consumer feedback on Bloomberg Television prompted Amazon to double Prime Day’s duration, shifting focus to everyday essentials and prolonging the sale strategically.
- Momentum Commerce reports 66% of Prime Day items sold for under $20, with the average household spend dropping to $106 from $110, indicating lower consumer expenditure.
- Despite the sales plunge, Adobe projects a 9.9% increase in online spending across all retailers, indicating a cautious but positive overall outlook.
- Retail rivals like Walmart, Wayfair, and Target launch parallel sales, totaling $7.9 billion online, highlighting increased competition amid Prime Day's sales decline and shift to lower-priced items.
23 Articles
23 Articles
On the first day, sales went down.
Amazon defends 41% drop in Prime Day sales results
Amazon reeled in $7 billion in sales on its first day of Prime Day, reportedly down 41% compared to last year’s sales, Momentum Commerce (MC) announced. Amazon’s Prime Day extended the length of its sales offerings this year from the normal two-day event to a full four days, now running from July 8 to July 11. Amazon challenges findings that Prime Day sales dropped RELATED STORIESAmazon extends Prime Day discounts amid growing tariff uncertainty…
Scamazon Week Sales Are Down 41%
Oh no, China’s in trouble. Prime sales are down 41%. The sales are negligible and some report that many of the sales are scamiserable. #BREAKING: Amazon Prime Day sales has fallen nearly -41% in the first day of their 4 day event. pic.twitter.com/UsPb09JQWF — R A W S A L E R T S (@rawsalerts) […] The post Scamazon Week Sales Are Down 41% appeared first on www.independentsentinel.com.
Coverage Details
Bias Distribution
- 42% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
