Amazon Increasing Production of Their Own Brand
- 6 years ago
Amazon Increasing Production of
Their Own Brand Amazon is trying to persuade shoppers to buy its
own products. Amazon's private label sales will reach $7.5 billion this year, analysts at SunTrust Robinson estimate. By 2022, sales are expected to hit
$25 billion. Amazon created its first private label brand in 2007, Since 2007, Amazon has added 125 other
private label brands, It has introduced about six dozen brands
in the past 18 months, Some of the brands carry the company name, such as AmazonBasics or Amazon Essentials,
Their Own Brand Amazon is trying to persuade shoppers to buy its
own products. Amazon's private label sales will reach $7.5 billion this year, analysts at SunTrust Robinson estimate. By 2022, sales are expected to hit
$25 billion. Amazon created its first private label brand in 2007, Since 2007, Amazon has added 125 other
private label brands, It has introduced about six dozen brands
in the past 18 months, Some of the brands carry the company name, such as AmazonBasics or Amazon Essentials,