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amazon makes money by stocking and selling its own products, as well as allowing third parties to sell on the website. sellers are charged a small fee (a flat rate of $1 per item plus a varying percentage based on the category of the sale) for the privilege of setting up within and selling on the website. currently, amazon makes hundreds of millions of dollars in profit each financial quarter, and is consistently increasing its market share value. amazon's second fiscal quarter of 2016 was its most profitable thus far, showing an $857 million profit. the company's overall revenue is currently in the tens of billions of dollars.
amazon makes money by stocking and selling its own products, as well as allowing third parties to sell on the website. sellers are charged a small fee (a flat rate of $1 per item plus a varying percentage based on the category of the sale) for the privilege of setting up within and selling on the website. currently, amazon makes hundreds of millions of dollars in profit each financial quarter, and is consistently increasing its market share value. amazon's second fiscal quarter of 2016 was its most profitable thus far, showing an $857 million profit. the company's overall revenue is currently in the tens of billions of dollars.
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