TORONTO, ON—The 30,000 Canadian sellers on Amazon, many of which are small and medium-sized businesses, and from all across the country, have been growing strongly. They grossed more than CAD1 billion on Amazon.ca in 2019, growing 40 percent year-over-year, and brought in more than CAD2 billion on Amazon’s stores around the world, according Amazon’s first Small and Medium Business (SMB) Impact Report for Canada.
“Amazon started as a small business, and we are passionate about helping Canadian SMBs grow by introducing them to millions of customers across Canada and around the world,” said Mike Strauch, country manager, Amazon Canada. “We offer innovative, easy-to-use tools and provide support to help SMBs succeed, while our dedicated storefronts make it easier for Canadians to discover and shop at their favourite new local businesses.”
Amazon helps SMBs sell their products online, use the cloud to launch and scale their businesses, create voice apps and publish their own books. Since 2003, Amazon.ca has made its virtual shelf space available for SMBs to reach millions of customers, build their brands and grow their businesses. Amazon Web Services (AWS) helps tens of thousands of Canadian startups, customers and partners enrich their communities and the world.
The data from the Amazon Canada SMB Impact Report shows significant worldwide growth momentum:
–Canadian SMBs sold more than 60 million products in Amazon’s stores, up from 35 million year-over-year.
–On average, Canadian SMBs sell more than 110 products a minute in Amazon’s stores.
–Canadian SMBs had an average of CAD110,000 in sales: up year-over-year from about CAD65,000.
–The number of Canadian SMBs that surpassed CAD1 million in sales grew by more than 80 percent year-over-year.
“Amazon continues to be a driving force behind our sales growth,” said Chris Yee, co-founder of The Cocktail Box Co. in Vancouver, BC. “By launching new products on Amazon, we are able to test and validate our new product releases and better understand our customers’ needs. Expanding to new markets is also seamless: we now sell our products in the U.S., Canada, UK, Europe and Singapore. Expanding internationally and using Amazon’s fulfillment services has allowed our team to focus on growing our business through product development, international expansion and customer acquisition.”