Amazon released its 2021 Small Business Empowerment Report outlining how it provides opportunities, tools, and services to help more than 500,000 third-party selling partners in the US. The report came just ahead of the Amazon Accelerate 2021 virtual conference for sellers.
“Over 20 years ago, we made the decision to open our store's virtual shelves to third-party sellers. At the time, big-box retailers had been pushing small businesses out of the retail market," said Dave Clark, CEO of Amazon Worldwide Consumer. "But we made a bet that bringing selling partners into our store would not only be a win for customers who want vast product selection, low prices, and fast delivery, but it would also be a win for small businesses that want to reach more customers, increase their revenue and profits, and create good jobs. It proved to be a great bet.”
There are nearly 2 million SMB sellers selling on Amazon's marketplaces globally. In 2020, Amazon added 200,000 new sellers globally, a 45% increase on the prior year.
The number of American sellers who surpassed $1 million in sales grew by nearly 15%. In the 12 months ending on August 31, 2021, American sellers:
The top 10 states with the most sellers per capita with the fastest-growing sellers selling in Amazon's stores:
The top 10 states with the most year-over-year sales growth for sellers:
In 2020, Amazon invested more than $18 billion in selling partner success to help sellers quickly launch their businesses in Amazon's store. That investment includes launching new tools and services, and the more than 24,000 employees focused on supporting sellers across the company.