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Amazon SMBs Earned $90K On Average, It Says

Launches “Build Your Business with Amazon” website

Amazon put the spotlight on the 1.9 million small and medium-sized businesses it works with, releasing its “2019 SMB Impact Report” this week.

“Amazon’s mission is to be Earth’s most customer-centric company … Since 2011, we’ve invested tens of billions to help SMBs succeed working with Amazon,” said Jeff Wilke, CEO, Amazon Worldwide Consumer, in the report.

According to the report:

  • On average in 2018, U.S.-based SMBs sold more than 4,000 items per minute in Amazon’s stores and earned more than $90,000.
  • SMBs selling in Amazon’s stores have created an estimated 1.6 million jobs worldwide, up from 900,000 in 2017.
  • Third-party gross physical merchandise sales — primarily comprised of SMBs selling in Amazon’s stores — surpassed $160 billion in 2018 and make up more than half of the units sold in Amazon’s stores.
  • In 2018, the number of SMBs eclipsing $1 million in sales in Amazon’s stores worldwide grew by 20 percent.
  • Tens of thousands of start-ups have taken advantage of Amazon’s specifically tailored programs — including credits, training and support — mean to get them quickly get started on AWS.
  • Third-party developers have built more than 90,000 Alexa skills.
  • More than 90 percent of the Alexa-enabled products that launched in 2018 were built by someone other than Amazon.

See also: What Retailers Need To Know About Selling Through Amazon

Amazon also launched a new SMB website aimed at helping developers, businesses and authors succeed. Designed as a one-stop destination for information about working with Amazon, the “Build Your Business” website curates opportunities to start and grow businesses, and includes info for product sellers, developers, independent delivery drivers, authors and even gamers.

View the full 2019 Amazon SMB Impact Report here.

See also: Amazon Bringing Two-Day Prime Delivery Down To Just One Day