If you've been paying attention, you'll have noticed that #Amazon is focusing on Everyday Essentials right now. 💄🥑

Whether it's Baby, Food, Beauty, or Health & Personal Care:

🛍️ Amazon wants you to buy single packs at low prices.

During a recent shareholder Q&A, CEO Andy Jassy shared his thoughts on Amazon's Grocery business.

𝗦𝗼𝗺𝗲 𝗻𝗼𝘁𝗲𝘄𝗼𝗿𝘁𝗵𝘆 𝗾𝘂𝗼𝘁𝗲𝘀:

"I'm very bullish about grocery."

"I think some folks don't realize how large a grocery business Amazon has today."

"If you look at [...] consumables, canned goods, pharmaceutical items, beauty products, really, everyday essentials […], we did over $100 billion in gross sales [...] on these items last year alone,"

𝗪𝗵𝗮𝘁 𝗶𝘁 𝗺𝗲𝗮𝗻𝘀:

- Amazon's $100 bn in grocery sales may not yet compare to Walmart's $264 bn, but it's getting close.

- Physical stores (Fresh, Whole Foods) remain key in Amazon's retail playbook. Despite many iterations, they're here to stay.

- Expanding assortment and faster delivery speeds are Jassy's focus, as they deepen Amazon's moat against competitors and new market entrants.

- With shoppers becoming more price sensitive and retailers raising prices, everyday essentials are Amazon's response to secure volume.

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Do you buy your everyday essentials from Amazon? What's been your experience?

Let me know in the comments!