In the aftermath of the soon to become legendary Amazon Prime Day VS. Walmart cyber showdown, it looks like the retail world has a new king. Amazon exceeded 2nd quarter expectations significantly, posting a 16%  increase in revenue. Though one day cannot be the only factor in Amazon’s dramatic uptick. However, according to The Telegraph, 398 items were purchased every second during Amazon Prime day. That is a lot of stuff.

And, if numbers like that aren’t enough to prove sales are shooting up for Amazon, check this out.

amazon_graph

In 2010, Amazon’s sales were at $34.2 billion in revenue. In 2014, they nearly got to $90 billion. In the 1st and 2nd quarter of 2015, Amazon has hit over $45 billion.

And, by overtaking Walmart as the largest retailer on earth, a clear message is being sent. Online retail is the way of the future (in case you didn’t already know that). With sales moving to the digital space more and more each year, so too come a new set of logistical challenges for retailers big and small. How do you ensure what you offer online is available for quick shipment, or even in stock? For Walmart, site to store sales are a significant part of their business. And for Amazon, how will they realistically get their drone shipping project off the ground (pun intended).

For both of these retail issues, the speed of delivery is the all important factor. For Amazon to improve their sterling numbers, and to bring drone shipping into reality, live inventory data will be an absolute necessity. Perhaps that is why they have begun investing in RFID technology.

Resources

[Case Study]

How NAFECO Improves Work-in-Process System with CYBRA’s RFID Application

[eBook]

2021 RFID Integration Guide - Learn how to turn your RFID tags into a great investment

[Webinar]

How You Can Benefit from Digitizing Your Shipping Forms and Labels with MarkMagic
2021 RFID Integration Guide

2021 RFID Integration Guide

Today, retailers are pivoting hard in order to offer their services and products to more consumers on more platforms and in more places. It’s no secret that retailers with growing omnichannel initiatives see strong benefits with RFID from the DC to receiving to the...

Nafeco store layout

How NAFECO Improves Work-in-Process System with CYBRA’s RFID Software Application

A large part of NAFECO’s business is in uniforms for first responders. With thousands of garments in process every day, NAFECO needed an easier way to track and locate garments across its facility. To get the job done, NAFECO reached out to CYBRA to install their RFID tracking system.
Benefits of Deploying Color Labeling into Your Supply Chain

How to Automate and Transform Your Forms and Label Processing

In this focused webinar, the MarkMagic team will show how you can take control over your label and document management. Check out how MarkMagic brings dynamic everything to your document output. We will share compelling examples how you can alter forms and labels with minimal effort …

Company

Barcode Labeling Software

RFID Tracking Software

Barcode Labeling Software

RFID Tracking Software