"At a time when consumers are being careful about how much they spend, we're continuing to lower prices and ship even more quickly, and we can see this resonating with customers as our unit growth continues to be strong and outpace even our revenue growth," Andy Jassy, Amazon's CEO, said in an earnings call on Thursday.
"We see that when customers purchase these types of items from us, they build bigger baskets, shop more frequently and spend more on Amazon," Olsavsky said.
"Customers are increasingly using the platform to buy cheaper everyday household items, like health, beauty, and personal care as well as nonperishable grocery," Brian Olsavsky, Amazon's finance chief, said in the call.
"Paid Prime memberships have gone up this quarter, which has been hugely impactful for Amazon," Jassy added.
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