Amazon 1st Quarter Results

By: Robert Grosshandler | April 7, 2021

We share these results because how we’re doing at Amazon gives us, and you, insights that we think are valuable. As we mentioned last month, we saw wide variances in our January, February, and the first part of March results. Therefore, we’re presenting the entire quarters’ preliminary results, smoothing out that unexplained variability. We share them in our blog this way so that all shareholders and prospective shareholders have equal opportunity to make decisions based upon the data.

The end of the quarter saw the arrival of stimulus checks again. We’re seeing increased activity, probably because of that.

Comparing Q1 2021 to Q1 2020, we see that our results are up. Revenue was 169% of the same period a year earlier.

Just a note, all of these numbers are preliminary. Amazon may adjust them at any time (but usually not).

Two points I want to drive home, yet again. It’s planting a seed I hope sprouts for us all. First, 100% of our commissions from Amazon generate bottom line cash. We spend that on lots of things, but most importantly on marketing! Second, even though we can’t reward you directly for shopping at Amazon (Amazon won’t let us), you’re an owner of iConsumer, and improving the bottom line profitability improves your company. So, go shop at Amazon (and the other 2,300+stores that DO allow us to reward you directly).

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