UK SMEs selling on Amazon have created 250,000 jobs

Amazon today published its UK SME Impact Report which highlights how small and medium-sized enterprises (SMEs) selling on Amazon have created 250,000 jobs across the UK to date.

Many small business owners have been able to adapt to recent challenges and thrive online for the first time. Over 15,000 UK SMEs selling on Amazon surpassed £100,000 in sales last year, and over 700 reached sales of £1m or more for the first time.

More than half of all physical product sales on the Amazon store in the UK are from independent selling partners, most of who are small and medium-sized businesses. More than 85,000 UK SMEs now sell on Amazon up more than 25 per cent year-on-year.

These businesses reached hundreds of millions of customers around the globe in 2021 more than half of UK-based sellers exported to another country. They also sold more than 950 million products on Amazon, up from 750 million the year before, which is equivalent to more than 1,750 products a minute on average.

SMEs from across the UK are increasingly seeing success from selling on Amazon’s stores, supporting regional economies and communities.

Amazon today also announces the launch of its upgraded Amazon Small Business Accelerator, which will serve the evolving needs of the UK’s thriving small business community, hosted on Amazon.co.uk as an accessible and free-to-use suite of resources for all startups, entrepreneurs and small or medium-sized businesses.

Julian David, techUK CEO, said: “As we enter difficult economic waters ensuring the next generation of business leaders have the training, insight, and resources they need to innovate and thrive will be fundamental to protecting jobs and ensuring the UK can bounce back.”

Caroline Lavelle, chief commercial officer, The Federation of Small Businesses, said: “It’s always good to see companies like Amazon play a role in supporting our smaller businesses to improve their online presence and reach. We hope that many of our members will find this useful.”

By Mark Adair – Correspondent, Bdaily

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