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Hayden Fournier posted Jul 27, 2022 1:42 PM

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Amazon has become massive in the global market and is always expanding it's feature platform in order to stay ahead of the competition. Generating over 116 Billion in revenue as of March 2022 it is one of the most used websites/apps in the world. The first way Amazon generates revenue is from it's buy/sell features. A very small percentage from every sale goes to the company which on a global scale is a massive amount of income annually. The other two ways Amazon generates revenue is from it's subscription services. A Prime membership gets you accesss to cheaper/ free shipping methods and free TV shows and music. This is accomplished through annual or monthly membership fees. The also offer add ons for these subscriptions which again are often paid subscriptions that allow you to access add free music and movies that are usually only available through other streaming platforms. This makes Amazon almost a one stop shop hub for entertainment and anything you would want to buy/sell.