UK SMEs generate £300m on Amazon Business

British SMEs selling on Amazon Business made more than £300 million collectively last year.

Amazon Business delivers procurement and shipping options for small businesses, schools, hospitals, non-profit organisations, and government agencies, as well as large enterprises with global operations. It is currently available in the United States, Canada, United Kingdom, Germany, France, and Italy,

Sales generated by UK small businesses grew on average over 50 per cent every year since the e-commerce giant launched Amazon Business in 2017.

According to the BigTech, in the UK, its business arm serves over 50 per cent of FTSE 100 companies, all of the 15 largest universities, 85 per cent of the biggest cities, and over a third of the 15 largest hospitals across the UK.

Globally, Amazon Business has reached over $25 billion in worldwide annualised sales, more than half of which are from independent selling partners.

“We are helping SMEs to reach business customers of all sizes, from all sectors – including automotive manufacturers, energy companies, universities, and healthcare organisations – to overcome challenges in the B2B buying process, which is traditionally complex”, said Dr Patrick Reuther, seller services director for Amazon Business Europe. “Sellers can leverage tailored B2B features such as Amazon Business’ quantity discounts, which gives SMEs the opportunity to sell higher value orders to large enterprises.”

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