According to researchers at Digital Commerce 360, Amazon’s Prime Day event on Monday and Tuesday of this week generated sales that topped USD 11 billion. This was 8% higher than the sales of the Prime Day event held in October of 2020. Given seasonality, that rate of growth may not be comparable to the 45% growth rate recorded in 2020. Notably, Adobe Analytics estimated total online sales recorded on Monday and Tuesday were between 21% and 29% higher than average for a day in June. Worldwide top-selling items according to Amazon ranged from apple cider vinegar to robotic vacuum cleaners. Curiously, with summer begun and with travel resuming, neither beach umbrellas nor drink coolers made Amazon’s top-sellers list.
It is said that a picture paints a thousand words. Robeco’s Trends Investing team monitors markets closely. Every morning our trends experts collect the most relevant and intriguing graph or chart for you and present it with their commentary in the Daily Sketch. All graphics provided are collected from Bloomberg data or other public websites. They do not necessarily reflect the opinion of Robeco. Please cite all references or quote the original source if replicating content.
More about Trends Investing.
The information contained in the website is solely intended for professional investors. Some funds shown on this website fall outside the scope of the Dutch Act on the Financial Supervision (Wet op het financieel toezicht) and therefore do not (need to) have a license from the Authority for the Financial Markets (AFM).
The funds shown on this website may not be available in your country. Please select your country website (top right corner) to view the products that are available in your country.
Neither information nor any opinion expressed on the website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco product should only be made after reading the related legal documents such as management regulations, prospectuses, annual and semi-annual reports, which can be all be obtained free of charge at this website and at the Robeco offices in each country where Robeco has a presence.