Leap in number of Scots firms selling on Amazon, with Glasgow a star performer - The Scotsman

Category: Amazon news
Original source: The Scotsman
Read time: < 2 minutes
Sentiment bias: Positive
Sentiment Score: 0.99393
Published: Oct 3rd, 2022
Leap in number of Scots firms selling on Amazon, with Glasgow a star performer - The Scotsman

Quick Read

Advertisement Hide Ad Fraser Smeaton, owner and co-founder of Scottish firm MorphCostumes, said: “Today, the vast majority of our growth is coming through Amazon.
Advertisement Hide Ad The initiative also includes Amazon Masterclasses to help people learn from the company’s senior leaders about decision-making, innovation, customer obsession and more; and new partners including Be the Business, Planet Mark, and The Federation of Small Businesses (FSB), who will deliver online content and specialist in-depth workshops and bootcamps.
Advertisement Hide Ad
” John Boumphrey, UK country manager at Amazon, said: “Supporting UK small businesses to fulfil their potential remains an essential part of what we do.
Today we’re proud to launch our revamped Amazon Small Business Accelerator, which will help even more small businesses across the UK.
Amazon is today also announcing the launch of its upgraded Amazon Small Business Accelerator, which it says will serve the “evolving” needs of the UK’s small business community, comprising accessible and free-to-use resources for all start-ups, entrepreneurs and SMEs.
'Today, the vast majority of our growth is coming through Amazon,' says Scotland's MorphCostumes.

Leap in number of Scots firms selling on Amazon, with Glasgow a star performer - The Scotsman

Its UK SME Impact Report highlights how 85,000-plus relevant firms altogether in Scotland, England, Wales and Northern Ireland now sell on Amazon, up by a quarter year on year, with in excess of 15,000 seeing sales exceed £100,000 last year, and at least 700 reaching sales of £1 million or more for the first time. Scotland’s pool of sellers was up around 30 per cent on 2020, with those in Glasgow generating revenue of almost £190,000, one of the highest recorded for any city region in the UK, while the Edinburgh figure was almost £140,000. 'Today, the vast majority of our growth is coming through Amazon,' says Scotland's MorphCostumes. Picture: contributed. Hide Ad Fraser Smeaton, owner and co-founder of Scottish firm MorphCostumes, said: “Today, the vast majority of our growth is coming through Amazon. Costumes tend to be a last-minute purchase, and Amazon is often the go-to place for customers.” Dave Law, founder of Edinburgh-based Faff Coffee, said: “As soon as the business launched, we started selling on Amazon. I knew coffee was a huge category on the site and Faff needed to be on there… We’ve managed to get a lot of new customers on the site that we just wouldn’t have found otherwise.” Amazon also said more than half of all physical product sales on its store in the UK are from independent selling partners, most of whom are SMEs, who reached hundreds of millions of customers around the globe in 2021, with more than half of UK-based sellers exporting. Relevant firms also sold more than 950 million products on Amazon, up from 750 million the year before, and equivalent to more than 1,750 a minute on average. Amazon is today also announcing the launch of its upgraded Amazon Small Business Accelerator, which it says will serve the “evolving” needs of the UK’s small business community, comprising accessible and free-to-use resources for all start-ups, entrepreneurs and SMEs. Hide Ad The initiative also includes Amazon Masterclasses to help people learn from the company’s senior leaders about decision-making, innovation, customer obsession and more; and new partners including Be the Business, Planet Mark, and The Federation of Small Businesses (FSB), who will deliver online content and specialist in-depth workshops and bootcamps. Support Caroline Lavelle, chief commercial officer at the FSB, 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.” John Boumphrey, UK country manager at Amazon, said: “Supporting UK small businesses to fulfil their potential remains an essential part of what we do. Today we’re proud to launch our revamped Amazon Small Business Accelerator, which will help even more small businesses across the UK. Hide Ad
The Original Article can be found on The Scotsman

Recent Amazon news Articles

Amazon's New Prime Early Access Sale Kicks Off October 11-12 by Offering Early Holiday Deals, Exclusively for Prime Members - Yahoo Finance

Prime members can start checking off their holiday gift list with the largest savings ever of 80% off select Fire TV smart TVs; and up to 50% off select JBL, Sony, and Bose ear bud …

Read more here
Amazon's New Prime Early Access Sale Kicks Off October 11-12 by Offering Early Holiday Deals, Exclusively for Prime Members - Yahoo Finance
Top-selling Home & Kitchen products during Amazon sale - Economic Times

Up to 60% off on Home & Kitchen products Top Categories of Home & Kitchen appliances Under 499 deals on Home & Kitchen products Brands in focus in Amazon sale today Amazon …

Read more here
Top-selling Home & Kitchen products during Amazon sale - Economic Times
Amazon supports Ukrainian small businesses - Amazon EU

Local small businesses in Ukraine are facing economic uncertainty amid the war in their country. To support and help our Ukrainian selling partners and their businesses, Amazon has …

Read more here
Amazon supports Ukrainian small businesses - Amazon EU
Amazon Southeast Asia Seller Summit 2022 to empower small businesses to dream big - Macau Business

The first-ever two-day hybrid event on 26-27 October 2022 aims to help sellers grow their brand on a global scale with the theme ‘Small Businesses, Big Ambitions’ SINGAPORE – Medi …

Read more here
Amazon Southeast Asia Seller Summit 2022 to empower small businesses to dream big - Macau Business
Wired headphones are making a comeback, and Apple’s best-selling pair is on sale for just $17 on Amazon - Yahoo Sports

Our team is dedicated to finding and telling you more about the products and deals we love. If you love them too and decide to purchase through the links below, we may receive a co …

Read more here
Wired headphones are making a comeback, and Apple’s best-selling pair is on sale for just $17 on Amazon - Yahoo Sports
Latest News
Help & How To's
Around the Web