Press release
Amazon Announces 150 New Tools and Services Have Launched in 2019 to Help Small and Medium-Sized Businesses Grow Their Online Sales
Recently launched tools and services include Target Inventory Levels, global rollout of the Amazon Marketplace Appstore, and Sold by
Independent third-party sellers – primarily small and medium-sized businesses – made up 58% of all physical gross merchandise sold in Amazon’s stores in 2018
Independent third-party sellers – primarily small and medium-sized businesses – made up 58% of all physical gross merchandise sold in Amazon’s stores in 2018 and their sales far exceeded
“Small and medium-sized businesses are the lifeblood of the economy, and we are committed to empowering them,” said
New tools and services – from inventory trackers, pricing tools, sales reports, and product branding and marketing tools, to educational videos and webinars – help level the playing field for small and medium-sized businesses and lower barriers of entry for them to start selling in Amazon’s stores. Delivered through Seller Central, the business management command center, these tools and services give small and medium-sized businesses access to valuable sales and inventory insights as well as resources to help them manage and grow their business with
- Fulfillment and inventory tools – The Target Inventory Levels tool launched in the U.S., the
U.K. ,Italy ,Spain ,France , andGermany to help selling partners obtain better insights into their FBA inventory. Achieving suggested inventory levels increases sales through more 1-Day delivery eligibility, and qualifies selling partners for lower storage fees. - Appstore and third-party tools – The Amazon Marketplace Appstore expanded globally into
Europe ,India ,Japan , andAustralia . The Amazon Marketplace Appstore helps selling partners identify trusted third-party applications that complement Amazon’s free tools and help them streamline their business operations. With more than 200 apps available, selling partners can find tools and services across a range of categories including pricing, advertising, and inventory management. - Pricing management tools – Sold by
Amazon , a free, opt-in service, helps selling partners save time and increase sales by automating prices so they can consistently and effortlessly offer customers great prices. Selling partners have peace of mind that they will never receive less than the established price for a product, even if the product is sold to anAmazon customer for less. - Business reports and analytics tools – The Product Opportunities dashboard can help selling partners find new product opportunities that align with how they want to grow and scale their business. To do so, this tool generates customized reports based on business analytics and data that provide curated guidance for selling partners, like purchasing trends and requests for quantity discounts, which help inform their decisions for how to grow their selection. Selling partners using Amazon Business can use the new Marketplace Business Opportunities Portal reports to find more product listing opportunities for their business.
Seller University – An improved, redesignedSeller University portal helps selling partners find relevant educational content easier. In addition,Amazon launched a feature in Seller Central that gives selling partners personalized guidance about additional selling programs and features that they can experiment with to accelerate their growth. Each recommendation includes rich educational content (includingSeller University videos) to help selling partners learn more about the programs.
“Based on our recent survey data, we know that greater adoption of digital technology, such as online retail capabilities and tools, could unlock small business job creation and growth to the tune of 360,000 jobs and
The 2019 SMB Impact Report, introduced in May, highlighted how
To learn more about the millions of small and medium-sized businesses growing with
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190822005186/en/
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Amazon.com, Inc.
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