Determining total expenditure on the e-commerce platform, Amazon, involves calculating the sum of all transactions completed on the website or application within a specified timeframe. This calculation includes the cost of goods purchased, shipping fees, taxes, and any subscription services linked to the account. An example would be totaling all purchase amounts from January 1, 2023, to December 31, 2023, to ascertain the annual expenditure on Amazon.
Understanding cumulative spending offers several advantages. It provides valuable insights into personal spending habits, aids in budget planning, and allows users to track expenditure trends over time. Historically, accessing this type of information required manual record-keeping. However, Amazon now provides tools and features to facilitate tracking purchase history and calculating total spending.