Amazon breaks all previous watch sales record in Q3
09 Nov '05
2 min read
Seattle based Amazon.com, a fortune 500 company announced record-breaking sales of watches in the Amazon Jewelry & Watches Store. Watch sales grew more than 150 percent in the third quarter of 2005 verses the same quarter last year. The company attributes the sales growth to increased customer awareness of the Jewelry & Watches Store, as well as its unparalleled selection and industry-leading prices.
The Amazon Jewelry & Watches Store offers customers the largest selection of new watches anywhere, with more than 40,000 watches from over 250 brands including Timex, Casio, Citizen, Movado, TAG Heuer, Omega, Fossil, Tissot, Invicta, Bulova and Swiss Army (www.amazon.com/watches). Prices range from $10 to $100,000.
The Amazon retail business leverages the efficiencies of its business model to offer customers significantly lower prices than other retailers--often more than 50 percent lower.
Additionally, customers can often compare the exact same watch from several different sellers, enabling them to find the lowest price and best availability on Amazon.com.
"Customers want watches ranging from the digital sports watch purchased before starting a new fitness program, to the gold and diamond watch celebrating an anniversary that will become a family heirloom," said Steven Goldsmith, Vice President, Amazon Jewelry & Watches. "They are pleased that Amazon.com offers customers one place to find any watch they're looking for at a substantial discount."