Amazon revealed the statics about the people who pay for Prime

Amazon Prime service has over 100 million subscribers, is what Amazon CEO and founder Jeff Bezos has revealed in his annual shareholders letter.

The total subscriber count was revealed in a letter Amazon CEO Jeff Bezos sent to company shareholders on Wednesday.

The mobile shopping app was also one of the most downloaded shopping apps in India, according to App Annie, Bezos said. Interestingly, analysts predicted the numbers to be around 90 million in 2017, which is almost close to what Amazon announced. That has raised worries the Trump administration might take action that could crimp Amazon's growth, but the growing popularity of the Prime service could make that a politically unpopular move.

He also briefly mentions music but emphasises their standalone streaming service launched 2 years ago, Amazon Music Unlimited and it's planned expansion.

Prime members will be receiving access to Whole Foods, Amazon's venture into physical grocery stores soon. Not that majority are bothering, but it is how many subscribers the Amazon Prime subscription scheme now has. We keep making Prime shipping faster as well, with Prime Free Same-Day and Prime Free One-Day delivery now in more than 8,000 cities and towns.

"Our new jobs cover a wide range of professions, from artificial intelligence scientists to packaging specialists to fulfillment center associates", Bezos wrote. Over 300,000 USA -based SMBs started selling on Amazon in 2017, and Fulfillment by Amazon shipped billions of items for SMBs worldwide...

"While many retailers struggle to establish omni-channel strategies, Amazon is taking omni-channel innovations to the next level through its partnerships, delivery options and multiple interfaces", said Hugh Fletcher, Global Head of Consultancy and Innovation, Salmon. As a result, the calculated fee per member is actually the average implied expenditure per paying member on Amazon services. Additionally added fresh associates than in previous decades, and also more members primary Day than every day as this system started, Bezos explained. "High standards are contagious".

Bezos urged his team to be realistic saying that "unrealistic beliefs on scope - often hidden and undiscussed - kill high standards". Currently, the selection includes over 40 million local products from third-party sellers.

  • Anthony Vega