{"id":263464,"date":"2020-07-30T01:41:41","date_gmt":"2020-07-30T05:41:41","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=263464"},"modified":"2020-07-30T01:41:57","modified_gmt":"2020-07-30T05:41:57","slug":"amazon-2020-smb-impact-report-highlights-success-for-small-and-medium-sized-businesses-despite-covid-19-american-sellers-average-160000-in-annual-sales","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/07\/30\/amazon-2020-smb-impact-report-highlights-success-for-small-and-medium-sized-businesses-despite-covid-19-american-sellers-average-160000-in-annual-sales\/","title":{"rendered":"Amazon 2020 SMB Impact Report Highlights Success for Small and Medium-Sized Businesses Despite COVID-19; American Sellers Average $160,000 in Annual Sales"},"content":{"rendered":"<figure id=\"attachment_180501\" aria-describedby=\"caption-attachment-180501\" style=\"width: 640px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/09\/2265816229_a7c158ec8a_z.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-180501 size-full\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/09\/2265816229_a7c158ec8a_z.jpg\" alt=\"\" width=\"640\" height=\"426\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/09\/2265816229_a7c158ec8a_z.jpg 640w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/09\/2265816229_a7c158ec8a_z-300x200.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-180501\" class=\"wp-caption-text\"><span class=\"xn-org\">Amazon<\/span>\u00a0gave more than\u00a0<span class=\"xn-money\">$1 billion<\/span>\u00a0in AWS credits to help startups accelerate their growth, and there are now more than 700,000 Alexa developers worldwide (File <a href=\"https:\/\/www.flickr.com\/photos\/scobleizer\/2265816229\/\">Photo<\/a>: <a href=\"https:\/\/www.flickr.com\/photos\/scobleizer\/\">Robert Scoble\/Flickr<\/a>, <a href=\"https:\/\/creativecommons.org\/licenses\/by\/2.0\/\">CC BY 2.0<\/a>)<\/figcaption><\/figure>\n<p>More than 2 million independent businesses work with\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0in the\u00a0<span class=\"xn-location\">U.S.<\/span><\/p>\n<p>American small and medium-sized businesses sold 3.4 billion products in\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0stores<\/p>\n<p><span class=\"xn-location\">U.S.<\/span>\u00a0delivery and logistics partners employ more than 95,000 drivers, while worldwide authors earned more than\u00a0<span class=\"xn-money\">$319 million<\/span>\u00a0from the\u00a0<span class=\"xn-org\">Kindle Direct Publishing Select Global Fund<\/span><\/p>\n<p><span class=\"xn-org\">Amazon<\/span>\u00a0gave more than\u00a0<span class=\"xn-money\">$1 billion<\/span>\u00a0in AWS credits to help startups accelerate their growth, and there are now more than 700,000 Alexa developers worldwide<\/p>\n<p><span class=\"xn-location\">SEATTLE<\/span>&#8211;(BUSINESS WIRE)&#8211;\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0(NASDAQ:AMZN) today published the 2020 Small and Medium Business (SMB) Impact Report, highlighting how the company benefits SMBs, including more than 2 million independent sellers, authors, content creators, delivery providers, developers and IT solution providers in the\u00a0<span class=\"xn-location\">U.S.<\/span>\u00a0Despite the impact COVID-19 has had on many small businesses, American SMBs working with\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0have been able to thrive and grow. View the full 2020\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0SMB Impact Report,\u00a0<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fd39w7f4ix9f5s9.cloudfront.net%2F4d%2F8a%2F3831c73e4cf484def7a5a8e0d684%2Famazon-2020-smb-report.pdf&amp;esheet=52252957&amp;newsitemid=20200721005239&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=c0b66cce9b08bb50f63f62a030ba9880\" rel=\"nofollow\">here<\/a>.<\/p>\n<p>This press release features multimedia. View the full release here:\u00a0<a href=\"https:\/\/www.businesswire.com\/news\/home\/20200721005239\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20200721005239\/en\/<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>The 2020\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0SMB Impact Report highlights how millions of small and medium-sized businesses are growing with\u00a0<span class=\"xn-org\">Amazon<\/span>. (Photo: Business Wire)<\/p>\n<p>\u201cAt\u00a0<span class=\"xn-org\">Amazon<\/span>, supporting small and medium-sized businesses is a fundamental part of our work and an extension of our customer-centric culture. Our success depends on their success,\u201d said\u00a0<span class=\"xn-person\">Jeff Wilke<\/span>, CEO,\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0Worldwide Consumer. \u201cCOVID-19 has changed the way we live and work and has created daunting challenges for small businesses around the world. Yet smaller companies have continued to grow with\u00a0<span class=\"xn-org\">Amazon<\/span>, despite the crisis. Third-party sellers have seen record sales in our stores and continue to outpace our first-party sales.&#8221;<\/p>\n<p><span class=\"xn-org\">Amazon<\/span>\u00a0provides small business owners, startups, and entrepreneurs with tools and opportunities to succeed \u2013 whether selling their products online, running delivery and logistics companies, using the cloud to launch and scale their businesses, creating voice apps, or publishing their own books. The 2020\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0SMB Impact Report findings include:<\/p>\n<p>American SMBs selling in Amazon\u2019s stores are growing. In the 12 months ending on\u00a0<span class=\"xn-chron\">May 31, 2020<\/span>:<\/p>\n<ul>\n<li>American SMB sellers sold more than 3.4 billion products, up from 2.7 billion year-over-year, and averaged 6,500 products sold per minute.<\/li>\n<li>On average, American SMB sellers each had over\u00a0<span class=\"xn-money\">$160,000<\/span>\u00a0in sales, up year-over-year from approximately\u00a0<span class=\"xn-money\">$100,000<\/span>.<\/li>\n<li>The number of American SMB sellers that surpassed\u00a0<span class=\"xn-money\">$1 million<\/span>\u00a0in sales grew by more than 20%, and more than 3,700 surpassed\u00a0<span class=\"xn-money\">$1 million<\/span>\u00a0in sales for the first time.<\/li>\n<li>American SMB sales from business customers on\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0Business were over\u00a0<span class=\"xn-money\">$7 billion<\/span>.<\/li>\n<li>SMBs selling on the\u00a0<a href=\"http:\/\/amazon.com\/\">Amazon.com<\/a>\u00a0<span class=\"xn-location\">U.S.<\/span>\u00a0store support an estimated 1.1 million jobs, up from 830,000 in 2019.<\/li>\n<\/ul>\n<p><span class=\"xn-org\">Amazon<\/span>\u00a0delivery and logistics businesses are creating jobs<\/p>\n<ul>\n<li>There are now more than 1,000\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0Delivery Service Partner businesses in the\u00a0<span class=\"xn-location\">U.S.<\/span>, employing more than 82,000 drivers.<\/li>\n<li><span class=\"xn-location\">U.S.<\/span>\u00a0line haul service providers that move\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0packages between fulfillment centers and to and from air hubs employ more than 13,000 drivers, up from 3,700 in 2018.<\/li>\n<\/ul>\n<p><span class=\"xn-org\">Kindle Direct Publishing<\/span>\u00a0(KDP) enables authors to self-publish and distribute their books to millions of readers around the world<\/p>\n<ul>\n<li>In the twelve months ending\u00a0<span class=\"xn-chron\">May 31, 2020<\/span>, worldwide authors earned more than\u00a0<span class=\"xn-money\">$319 million<\/span>\u00a0from the\u00a0<span class=\"xn-org\">KDP Select Global Fund<\/span>, totaling more than\u00a0<span class=\"xn-money\">$1.28 billion<\/span>\u00a0since the launch of\u00a0<span class=\"xn-org\">Kindle Unlimited<\/span>.<\/li>\n<li>Thousands of independent authors have earned more than\u00a0<span class=\"xn-money\">$50,000<\/span>, with more than one thousand surpassing\u00a0<span class=\"xn-money\">$100,000<\/span>\u00a0in royalties.<\/li>\n<\/ul>\n<p><span class=\"xn-org\">Amazon Web Services<\/span>\u00a0(AWS) is helping hundreds of thousands of SMB customers, startups and partners around the world launch and scale their businesses<\/p>\n<ul>\n<li>Since\u00a0<span class=\"xn-chron\">June 2019<\/span>,\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0has provided more than\u00a0<span class=\"xn-money\">$1 billion<\/span>\u00a0in AWS credits to help startups accelerate their growth and development, up from\u00a0<span class=\"xn-money\">$500 million<\/span>\u00a0in 2018.<\/li>\n<li>AWS Activate has provided hundreds of thousands of startups with a host of benefits, including AWS credits, technical support and training.<\/li>\n<\/ul>\n<p>Alexa enables SMB builders, developers and entrepreneurs around the world to innovate and create voice-first customer experiences<\/p>\n<ul>\n<li>There are now more than 700,000 developers building for Alexa, and more than 100,000 Alexa skills have been built with the Alexa Skills kit.<\/li>\n<li>Today, worldwide customers have hundreds of millions of Alexa devices, including more than 100,000 smart home products that can be controlled with Alexa from more than 9,500 unique brands.<\/li>\n<\/ul>\n<p><span class=\"xn-org\">Amazon<\/span>\u00a0also recently\u00a0<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fpress.aboutamazon.com%2Fnews-releases%2Fnews-release-details%2Famazon-reveals-top-10-states-most-digital-entrepreneurs-capita&amp;esheet=52252957&amp;newsitemid=20200721005239&amp;lan=en-US&amp;anchor=revealed&amp;index=2&amp;md5=bb10fffb5a18168955882b1fd45118b6\" rel=\"nofollow\">revealed<\/a>\u00a0the top 10 states with the most SMBs selling in Amazon\u2019s stores per capita, and the top 10 states with the fastest growing SMBs selling in Amazon\u2019s stores.<\/p>\n<p>To help small businesses navigate this difficult time,\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0provides an overview of practical resources, tools, and opportunities to partner with the company\u00a0<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsell.amazon.com%2Fsmall-business.html%3Fref_%3Delus_soa_sfs_smb%26ld%3DELUSSOA-https%3A%2F%2Fwww.standforsmall.com&amp;esheet=52252957&amp;newsitemid=20200721005239&amp;lan=en-US&amp;anchor=here&amp;index=3&amp;md5=4639e5bab37678c30e10f067568aee5a\" rel=\"nofollow\">here<\/a>.<\/p>\n<p>About\u00a0<span class=\"xn-org\">Amazon<\/span><\/p>\n<p><span class=\"xn-org\">Amazon<\/span>\u00a0is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by\u00a0<span class=\"xn-org\">Amazon<\/span>, AWS,\u00a0<span class=\"xn-org\">Kindle Direct Publishing<\/span>, Kindle, Fire tablets, Fire TV,\u00a0<span class=\"xn-org\">Amazon<\/span>\u00a0Echo, and Alexa are some of the products and services pioneered by\u00a0<span class=\"xn-org\">Amazon<\/span>. For more information, visit\u00a0<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.amazon.com%2Fabout&amp;esheet=52252957&amp;newsitemid=20200721005239&amp;lan=en-US&amp;anchor=www.amazon.com%2Fabout&amp;index=4&amp;md5=24aa89df902a366a56053a9958c90444\" rel=\"nofollow\">www.amazon.com\/about<\/a>\u00a0and follow\u00a0<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Famazonnews&amp;esheet=52252957&amp;newsitemid=20200721005239&amp;lan=en-US&amp;anchor=%40AmazonNews&amp;index=5&amp;md5=2a78c187bde422048cae9583752082b6\" rel=\"nofollow\">@AmazonNews<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 2 million independent businesses work with\u00a0Amazon\u00a0in the\u00a0U.S. American small and medium-sized businesses sold 3.4 billion products in\u00a0Amazon\u00a0stores U.S.\u00a0delivery &hellip;<\/p>\n","protected":false},"author":44,"featured_media":180501,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-263464","post","type-post","status-publish","format-standard","has-post-thumbnail","category-stock-markets","mauthors-amazon"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/263464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=263464"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/263464\/revisions"}],"predecessor-version":[{"id":263465,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/263464\/revisions\/263465"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/180501"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=263464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=263464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=263464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}