Export sales by UK-based businesses on Amazon Marketplace set to top £1.8bn in 2016
Amazon has announced that UK-based businesses selling on Amazon Marketplace are expected to achieve export sales of more than £1.8 billion in 2016, up 29% year-on-year. The announcement was made today (23 November) at the the first Amazon Academy in the UK. The Amazon Academy event aims to help SMEs boost their online sales and exports.
Amazon also reported that “more than 60% of the tens of thousands of UK SMEs selling on Amazon Marketplace are now exporting to customers around the world”; and that “independent research from Keystone Strategy has found that 74,000 people are employed by UK-based Marketplace sellers as a result of their business on Amazon”.
“The days of only being able to sell products to customers in one town, region or country are long gone,” said Francois Saugier, Vice President of EU Seller Services. ‘Today, businesses of all sizes can easily export their products to customers across Europe and the world, and we are seeing a significant increase in the number of UK businesses capitalising on this opportunity.”