E-commerce involves purchasing and selling goods or services over the internet. Valued at $9.1 trillion in 2017, the global e-commerce market is projected to grow at 14.7% annually from 2020 to 2022. Two-thirds of the U.S. population have purchased items on Amazon. Over 40% of respondents reported buying something from Amazon once a month. Many retailers are preparing to mimic Amazon by ramping up their online presence. Most retailers are hoping to reduce their brick-and-and-mortar tin use and increase their digital sales. E-commerce has gained prominence during the coronavirus outbreak in 2020. 51.2% of all online retail sales are going to Amazon by 2020. They are quickly done and highly profitable. The average seller’s annual profits are $42,000 after two years. Cheap products are one of the most popular categories on Amazon. Apart from cheap knockoffs, Amazon.com has thousands of household goods or electronics.
Insider Monkey takes a look at the 30 cheap products under $20 on Amazon. OXO Good Grips Handheld Spiralizer sold at $13.62 transforms vegetables such as zucchinis, cucumbers, sweet potatoes, and carrots into noodles. Reviewers say the product is easy to use and requires very little strength. Essence tube of mascara is one of the cheap products under $20 on Amazon, available for $4.99. Batiste Dry Shampoo is affordable at only $9.38 as a standard for haircare. It makes the hair look cleaner. Flathead Reusable drinking straws are advertised as a step toward making our daily lives more eco-friendly. The straws would participate in reducing the use of disposable straws, just for $8.94. PowerLix Milk Frother, sold for $17.95, is a stainless-steel handheld device and is battery-powered, hence cordless. The frother can be used for both hot and cold beverages. The product has a lifetime warranty. The $14.99 Amazon Smart plug is supposed to be connected to a 2.4GHz Wi-Fi network to be usable. It works in sync with Amazon Alexa to turn appliances on and off. The Contigo Luxe Autoseal Vacuum-Insulated mug, sold for $17.85, is leak-proof, spill-proof, and has a capacity of 16 ounces. The lid is secured or released using a button on the mug. Hot beverages retain heat for up to 5 hours, while cold drinks remain cold for 12 hours. For these fantastic and affordable products, click the article, 30 Cheap Products Under $20 on Amazon.