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    Safer walking and cycling crucial for road safety and better health

    Health inequities are shortening lives by decades

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    Inaugural program of “Vidhan Soudha Guided Walking Tour” on May 25.

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    “By uniting our talent and expertise, we can drive progress toward a more climate-resilient and healthier future.” -Dr M.C. Sudhakar,  Minister for Higher Education, GoK.

    The team from Sri Ramakrishna Engineering College, Coimbatore, received the 'Winner' award from Prof. (Dr.) T. G. Sitharam, Chairman of AICTE, and Mr. Abhishek Sinha, Executive Director & President - Medical, Smart World & Functions, L&T Technology Services.

    8th Edition of TECHgium® Showcases Engineering Excellence and Bold Innovations

    Union Minister Shri Ashwini Vaishnaw Unveils India’s First 3nm Chip Design Centres in Noida and Bengaluru

    “Modern warfare is entirely technology driven and India’s supremacy stands proven over the last four days”, says Dr Jitendra Singh

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    Inaugural program of “Vidhan Soudha Guided Walking Tour” on May 25.

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    Remainder of TATA IPL 2025 to be held at six venues

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    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

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    Karmic Beauty’: Pure by Nature, Potent by Ingredients

    An Iconic Culinary Affair: Le Cirque Arrives at The Leela Hyderabad

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    FOR THE FIRST TIME, A THREE-DAY ORGANIC MANGO AND JACKFRUIT FAIR IS BEING ORGANIZED AT LALBAGH – DIRECTOR RAMESH

    Bisleri Excites Consumers with “Mission Impossible – The Final Reckoning” Limited Edition Pack

    Philips Future Health Index 2025: AI poised to transform global healthcare, urging leaders to act now

    GSK TO ACQUIRE EFIMOSFERMIN.

    No Limits, No Rules: Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette announce The Big CLiQ Sale

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    FCA bans former Credit Suisse vice president following US criminal conviction

    “By uniting our talent and expertise, we can drive progress toward a more climate-resilient and healthier future.” -Dr M.C. Sudhakar,  Minister for Higher Education, GoK.

    World Health Assembly adopts historic Pandemic Agreement to make the world more equitable and safer from future pandemics

    Philips Future Health Index 2025: AI poised to transform global healthcare, urging leaders to act now

    WHO warns of slowing global health gains in new statistics report

    GSK TO ACQUIRE EFIMOSFERMIN.

  • National
    • All
    • Economy & Politics
    • Election

    Andhra Pradesh Chief Minister Chandrababu Naidu Meets Union Minister Dr. Jitendra Singh, Seeks Central Boost for Andhra’s Science & Innovation Plans

    100% of IT Security Leaders in India See Promise in AI Agents – 85% Say Their Security Practices Need an Overhaul

    Amrita University Announces Launch of New International Law School

    DE BEERS GROUP COMMITTED TO UNLOCKING INDIA’S FULL DIAMOND POTENTIAL

    FOR THE FIRST TIME, A THREE-DAY ORGANIC MANGO AND JACKFRUIT FAIR IS BEING ORGANIZED AT LALBAGH – DIRECTOR RAMESH

    NHRC, India takes suo motu cognizance of a media report regarding the arrest and remand to custody of a Professor of Ashoka University in Haryana

  • Business

    Lenovo Group: Q4 and Full Year Financial Results 2024/25

    ReNew to invest ~INR 22,000 crore to set up one of India’s largest hybrid RE projects in Andhra Pradesh

    HDFC Life Announces Claim Settlement Ratio of 99.68 per cent* in FY’25, Pays Rs. 2060 Cr.

  • Health

    Bisleri Excites Consumers with “Mission Impossible – The Final Reckoning” Limited Edition Pack

    Philips Future Health Index 2025: AI poised to transform global healthcare, urging leaders to act now

    GSK TO ACQUIRE EFIMOSFERMIN.

    Safer walking and cycling crucial for road safety and better health

    Health inequities are shortening lives by decades

    Hoopr Brand Solutions Honored with ‘Best Ad Film – People’s Choice’ at the Dadasaheb Phalke Film Festival 2025 for Himalaya’s Musically-Powered Campaign ‘Zara Muskurade’

  • Technology
    • All
    • Environment
    • Science

    Inaugural program of “Vidhan Soudha Guided Walking Tour” on May 25.

    LTIMindtree Signs MoU with IIM Mumbai to Launch Postgraduate Program for Executives in AI-led Experience Design

    “By uniting our talent and expertise, we can drive progress toward a more climate-resilient and healthier future.” -Dr M.C. Sudhakar,  Minister for Higher Education, GoK.

    The team from Sri Ramakrishna Engineering College, Coimbatore, received the 'Winner' award from Prof. (Dr.) T. G. Sitharam, Chairman of AICTE, and Mr. Abhishek Sinha, Executive Director & President - Medical, Smart World & Functions, L&T Technology Services.

    8th Edition of TECHgium® Showcases Engineering Excellence and Bold Innovations

    Union Minister Shri Ashwini Vaishnaw Unveils India’s First 3nm Chip Design Centres in Noida and Bengaluru

    “Modern warfare is entirely technology driven and India’s supremacy stands proven over the last four days”, says Dr Jitendra Singh

  • Auto

    Volvo Cars and Google expand partnership with Gemini integration and accelerated automotive innovation

    Honda Motorcycle & Scooter India Launches All-New “X-ADV”

    All-New RAV4 World Premiere

    Nine generations of success: the new Audi A6 meets its elders

  • Sports

    Inaugural program of “Vidhan Soudha Guided Walking Tour” on May 25.

    Team India (Senior Women) squads for the England tour announced

    Delhi Capitals sign Mustafizur Rahman as replacement for Jake Fraser-McGurk

    Remainder of TATA IPL 2025 to be held at six venues

  • Entertainment

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

    Sri Sai Gold Palace’s 7th store inaugurated in Malleshwaram,Bengaluru.

    Lulu Mall Hosts Bangalore’s Biggest Non-Alcoholic Holi Celebration

    Karmic Beauty’: Pure by Nature, Potent by Ingredients

    An Iconic Culinary Affair: Le Cirque Arrives at The Leela Hyderabad

    “Whether it’s for MICE, a dream wedding, or a family vacation, Malaysia has something for everyone.”-Mr. Hishamuddin Mustafa,Director of Tourism Malaysia Chennai.

  • Lifestyle
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    • Food
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    FOR THE FIRST TIME, A THREE-DAY ORGANIC MANGO AND JACKFRUIT FAIR IS BEING ORGANIZED AT LALBAGH – DIRECTOR RAMESH

    Bisleri Excites Consumers with “Mission Impossible – The Final Reckoning” Limited Edition Pack

    Philips Future Health Index 2025: AI poised to transform global healthcare, urging leaders to act now

    GSK TO ACQUIRE EFIMOSFERMIN.

    No Limits, No Rules: Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette announce The Big CLiQ Sale

    Disciples of Dr. Priya Ganesh, Ramagouni Sisters to Present ‘Divya Kumararu’ Rangapravesha at Ravindra Kalakshetra.

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Amazon 2020 SMB Impact Report Highlights Success for Small and Medium-Sized Businesses Despite COVID-19; American Sellers Average $160,000 in Annual Sales

FWM by FWM
July 22, 2020
in World
0
Woman making organic skincare products in her studio

Woman making organic skincare products in her studio

More than 2 million independent businesses work with Amazon in the U.S.

American small and medium-sized businesses sold 3.4 billion products in Amazon stores

U.S. delivery and logistics partners employ more than 95,000 drivers, while worldwide authors earned more than $319 million from the Kindle Direct Publishing Select Global Fund

Amazon gave more than $1 billion in AWS credits to help startups accelerate their growth, and there are now more than 700,000 Alexa developers worldwide

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SEATTLE–(BUSINESS WIRE)–Jul. 21, 2020– Amazon (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 U.S. Despite the impact COVID-19 has had on many small businesses, American SMBs working with Amazon have been able to thrive and grow.

“At Amazon, 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,” said Jeff Wilke, CEO, Amazon Worldwide Consumer. “COVID-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 Amazon, despite the crisis. Third-party sellers have seen record sales in our stores and continue to outpace our first-party sales.”

Amazon provides small business owners, startups, and entrepreneurs with tools and opportunities to succeed – 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 Amazon SMB Impact Report findings include:

American SMBs selling in Amazon’s stores are growing. In the 12 months ending on May 31, 2020:

  • 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.
  • On average, American SMB sellers each had over $160,000 in sales, up year-over-year from approximately $100,000.
  • The number of American SMB sellers that surpassed $1 million in sales grew by more than 20%, and more than 3,700 surpassed $1 million in sales for the first time.
  • American SMB sales from business customers on Amazon Business were over $7 billion.
  • SMBs selling on the Amazon.com U.S. store support an estimated 1.1 million jobs, up from 830,000 in 2019.

Amazon delivery and logistics businesses are creating jobs

  • There are now more than 1,000 Amazon Delivery Service Partner businesses in the U.S., employing more than 82,000 drivers.
  • U.S. line haul service providers that move Amazon packages between fulfillment centers and to and from air hubs employ more than 13,000 drivers, up from 3,700 in 2018.

Kindle Direct Publishing (KDP) enables authors to self-publish and distribute their books to millions of readers around the world

  • In the twelve months ending May 31, 2020, worldwide authors earned more than $319 million from the KDP Select Global Fund, totaling more than $1.28 billion since the launch of Kindle Unlimited.
  • Thousands of independent authors have earned more than $50,000, with more than one thousand surpassing $100,000 in royalties.

Amazon Web Services (AWS) is helping hundreds of thousands of SMB customers, startups and partners around the world launch and scale their businesses

  • Since June 2019, Amazon has provided more than $1 billion in AWS credits to help startups accelerate their growth and development, up from $500 million in 2018.
  • AWS Activate has provided hundreds of thousands of startups with a host of benefits, including AWS credits, technical support and training.

Alexa enables SMB builders, developers and entrepreneurs around the world to innovate and create voice-first customer experiences

  • 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.
  • 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.

Amazon also recently revealed the top 10 states with the most SMBs selling in Amazon’s stores per capita, and the top 10 states with the fastest growing SMBs selling in Amazon’s stores.

To help small businesses navigate this difficult time, Amazon provides an overview of practical resources, tools, and opportunities to partner with the company here.

Tags: Amazon stores
FWM

FWM

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