700 sellers reach £1 million in sales for the first time! Amazon UK is growing rapidly

700 sellers reach £1 million in sales for the first time! Amazon UK is growing rapidly

Recently, Amazon released the "UK SME Impact Report", which shows that SMEs selling goods on the Amazon platform have created about 250,000 new jobs in the UK. More than 15,000 UK SMEs selling on Amazon have sales of more than 100,000 pounds , and more than 700 have achieved sales of 1 million pounds or more for the first time.

 

It seems that many small business owners have been able to adapt to the less optimistic environment and are slowly developing despite various challenges .

 

In the UK Amazon store, more than half of physical product sales come from independent selling partners, most of which are small and medium-sized enterprises. There are currently more than 85,000 UK SMEs selling goods on Amazon, an increase of more than 25% year-on-year. Northwest England now has more than 12,000 sellers, an increase of 35% over the previous year ; Wales has more than 2,500 sellers, an increase of 30% over last year . More and more small and medium-sized enterprises are entering Amazon, and their number is growing rapidly.

 

In addition, tens of thousands of UK sellers have reached more than 5 million businesses around the world through Amazon Business, selling approximately 20 million items of office supplies, hotels, healthcare, maintenance products and IT goods, generating sales of more than £400 million.

 

Many small businesses are thriving against a challenging backdrop, with sales continuing to grow both at home and abroad. Amazon said some smaller European countries, including the Netherlands, Poland and Sweden, are seeing strong market growth.

 


On October 5 and 6, Amazon also hosted its annual European Brand Conference , providing more content and networking opportunities for current and future Amazon selling partners. The event program includes more than 900 minutes of in-depth breakout sessions and live Q&A with senior Amazon leaders, as well as sessions providing guidance on building, protecting and connecting brands.

 

Caroline Lavelle , chief commercial officer at the Federation of Small Businesses, said: “Amazon has played an indelible role in supporting our small businesses to improve their online presence and reach. We hope more and more businesses will take part.”

 

Amazon, which positions itself as a champion of small businesses and a job creator, has launched online courses for sellers aimed at helping more than 200,000 businesses of all sizes grow online , and more than 600,000 businesses have accessed the accelerator .


Amazon

U.K.

Seller

<<:  30 million wasted! The big seller made a mistake in making cars

>>:  Crazy sales of 11 million products! Chinese sellers enter the world's top selling list

Recommend

What is Vietcombank? Vietcombank Review, Features

Vietnam Foreign Trade Joint Stock Commercial Bank,...

What is vaporesso? vaporesso Review, Features

Vaporesso is a technologically innovative enterpri...

What is Huiwang? Huiwang Review, Features

Shenzhen Huiwang Software Technology Co., Ltd. (S...

What is Lighting EVER(LEpro)? Lighting EVER(LEpro) Review, Features

Lighting EVER (LEpro) is a professional LED lighti...

Sales of tourism equipment in Russia continue to grow

Due to the impact of the epidemic, overseas trave...

What is Ebay Promoted listings? Ebay Promoted listings Review, Features

Promoted listings is an advertising service desig...

What is Hubu RPA? Hubu RPA Review, Features

Hubu RPA is an automation platform specially buil...

What is Shopibar? Shopibar Review, Features

Shopibar was founded in 2016 and was formerly a co...

7,000 clicks, no orders! The ad went viral before Prime Day

As the advertising tug-of-war unfolded, sellers&#...

Small vertical markets that Amazon cannot ignore

There are thousands of categories on Amazon, and ...

India's online grocery market to reach $24 billion by 2025

The entire e-grocery market in India is expected ...