Monday, August 15, 2022

UK Amazon Marketplace sellers to reach £1.8 billion in sales

Amazon announced yesterday that businesses selling on the UK Amazon Marketplace are predicted to achieve sales of more than £1.8 billion in export sales.

In an event which saw hundreds of small business owners and retailers in attendance, Amazon revealed that its Marketplace arm has grown by 29 per cent from last year.

More than 60 per cent of the UK small-to-medium-sized businesses (SMEs) selling on the platform are now exporting internationally, with the number of sellers exporting to Europe up 40 per cent.

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Retailers are now able to sell across all 11 Amazon sites in seven different languages, and the launch of Amazon‘s new fulfilment programme whereby Amazon picks, packs and delivers items to customers on behalf of Marketplace sellers has contributed to this huge growth in pan-European sales.

“Our aim is provide the tools and services that make it as easy for small businesses to sell abroad as it is in their home country,” Amazon UK country manager Doug Gurr said.

“Every day, we are seeing more UK businesses expanding their horizons by offering their products on a European or global basis, opening themselves up to tens of millions of additional potential customers at the click of a button.”

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