Hacker News Reader

Comment by matco11 | Hacker News Reader

Woa! I wonder what this chart would look like for Amazon

Amazon used to show real time sales stats on their homepage during the holiday season. I think it was the # of orders, IIRC?

I wish they still did that, it was mind boggling even many years ago.

higher, but not much much higher. A lot of small things combine into something quite big!

lol, not true.

Amazon sales in 2015 were $107.01bn, so let's say they sell 1bn on Black Friday. This would be around 300 times the numbers shown.

I don't understand how you're calculating this. I think you missed a couple of zeroes?

If you take that $260k/minute number and assume it's true for the whole day (clearly it won't be overnight, but bear with me), that's (260,000 * 60 * 24 =) $374M. A third of a billion, a far cry from 1/300.

You are making your calculations based on the peak minute of the day, I'm checking now and it's around half that and it's middle of the day in the US. I imagine during the night is several times less than 260k.

Of course, but not 100x less. Amazon's number is definitely substantially higher, don't get me wrong, but 300x is just not right.

I underestimated Amazon sales on my initial comment, it's around 3bn: http://fortune.com/2016/11/25/black-friday-online-sales/

The numbers are big but far from giants like Amazon and Alibaba: http://www.cnbc.com/2016/11/11/singles-day-news-alibaba-pois...

I don't understand why this is being downvoted. Amazon is a big store but Shopify is "basically" the platform for every other ecommerce store, so is every other online store combined. It makes sense that it'd be close to the volume of Amazon.

Reply on news.ycombinator.com