Amazon says that Prime Day has proven to be a huge growth opportunity for many small and medium-sized businesses selling on Amazon. Last year, on Prime Day 2017, thousands of SMBs on Amazon had more than $50,000 in sales, which allowed them to grow their businesses, create new jobs, and invest in their communities.
According to Amazon’s recently published Small Business Impact Report, more than 20,000 SMBs surpassed $1 million in sales on Amazon in 2017, thanks in part to Prime Day. In the UK, SMEs selling on Amazon achieved record export sales of £2.3 billion last year, whilst more than 85,000 people are employed in the UK to run the sales activities of businesses selling on Amazon.
“Prime Day helps SMBs reach more than 100 million paid Prime members around the world, and provides an opportunity for the smallest of businesses to sell right alongside the biggest household brands. In fact, Prime members ordered more than 40 million items from small and medium-sized businesses during Prime Day 2017, generating record-breaking success for those entrepreneurs.”
– Nicholas Denissen, VP Marketplace Business, Amazon
What do Amazon merchants who participate in Prime Day say?
“Prime Day in 2017 was a fantastic success for Plumbing Supermarket, helping us further increase the breadth of our global customer base. Events like this allow us to sell more products locally and export products around the world, meaning we can keep investing in our business throughout the year.”
– Neil Bumford, Plumbing Supermarket
“Prime Day has fast become one of the most important dates in the retail calendar and at Love2Sleep, we’ve taken full advantage of it in the last four years. Bumper sales on Prime Day help businesses like ours to sell products globally through exports, which helps increase sales and drive further profitability, ultimately creating more investment and jobs for our company.”
– Amer Khan, Love2Sleep
“Everyone at Lupo really looks forward to Prime Day, and this year will be even more exciting. It’s a huge event and really helps give us a summer sales boost, resulting in increased revenues, positively impacting turnover and helping secure and create jobs.”
– Julius Oliveti, Lupo
“Prime Day is a key date in our diary and has been since the beginning. It’s a special event that our customers love, and this year will be no exception. tvsandmore will once again be offering high quality products to customers locally and around the world and it is events like Prime Day that helps us to keep creating jobs in the local community.”
– Dipesh Majithia, TVs and More