Nominations for New Amazon Small Business Awards Open Now
September 20 2019 - 8:01AM
Business Wire
Awards will recognize the Small Business of the
Year, Woman-Owned Small Business of the Year, and Small Business
Owner Under 30 of the Year
Amazon encourages small business selling
partners to nominate their business for the awards; winners will
each receive a prize package of account management, advertising
credit and promotional support on Amazon.com
Amazon is on track to invest more than $15
billion in 2019 in infrastructure, tools, services, people, and
programs to help independent third-party sellers – primarily small
and medium-sized businesses – grow their online sales
Amazon (NASDAQ: AMZN) today introduced the Amazon Small Business
Awards and announced that nominations are now open. The Amazon
Small Business Awards will celebrate inspiring and unique American
small businesses selling in Amazon’s stores, recognizing small
businesses across three categories: Small Business of the Year,
Woman-Owned Small Business of the Year, and Small Business Owner
Under 30 of the Year. Small businesses with an active Amazon Seller
or Vendor account are encouraged to nominate their business for the
awards here: www.amazon.com/small-business-awards-nomination.
Nominations close at 11:59pm PDT on Sunday, October 6.
Winners from each category will receive a prize package
including six months of dedicated Amazon Seller or Vendor account
management, Amazon search advertising credits, promotion on
Amazon.com, and a trip to Amazon’s Seattle headquarters to meet
with senior leaders and account managers. Winners will be announced
later this year.
“We want to see small businesses across the country thriving
like never before. We are committed to helping them harness the
power of online sales, reach new customers, and provide fantastic
selection, value, and convenience,” said Nicholas Denissen, Amazon
Vice President of Small Business. “The purpose of these awards is
to showcase what the most successful small businesses are doing
right as a model for others to learn from.”
All nominations will be evaluated according to the following
criteria:
- Small business story: Which businesses have the most inspiring
origin story and company vision?
- Customer centricity: Which businesses demonstrate true customer
obsession?
- Product selection and value: Which businesses have the most
unique products that address customer needs in an innovative
way?
Finalists will be announced in mid-October. Amazon customers
with a valid Amazon.com account will then select the winner by
voting for their favorite nominee in each category. Customers must
be signed into their Amazon.com account in order to cast their
vote.
“As retail and digital business evolves, small and medium-sized
businesses embracing digital transformation are nearly twice as
likely to see double digit revenue growth,” said Shari Lava,
Research Director, Small and Medium Business at IDC. “Small and
medium firms that successfully leverage strategic partners like
Amazon are leading the way, reaching more customers, and growing
their online sales.”
On average, U.S.-based small and medium-sized businesses sell
more than 4,000 items per minute in Amazon’s stores. 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 $2 billion on Prime Day
in July this year. These businesses have created an estimated 1.6
million jobs worldwide.
In August, Amazon announced 150 tools and services have launched
since the beginning of the year to help independent small and
medium-sized businesses (SMBs) grow their sales online, which is
part of the more than $15 billion Amazon is on track to invest this
year in SMBs. The company also hosts a variety of events to educate
small and medium-sized business selling partners, including Amazon
Academy events across Europe and the new Selling Partner Summits
across the U.S. The new Selling Partner Summits are a series of six
conferences designed to help selling partners grow their business
in Amazon’s stores.
Amazon last year created Amazon Storefronts, a store for
customers to shop exclusively from U.S.-based small and
medium-sized businesses selling in Amazon’s stores. With
Storefronts, customers can shop a curated collection of over one
million products and deals from nearly 20,000 U.S.-based small and
medium-sized businesses, and learn more about profiled businesses
through featured videos and stories.
To learn more about the millions of small and medium-sized
businesses selling in Amazon’s stores, visit:
aboutamazon.com/supporting-small-businesses.
About Amazon
Amazon is guided by four principles: customer obsession rather
than competitor focus, passion for invention, commitment to
operational excellence, and long-term thinking. Customer reviews,
1-Click shopping, personalized recommendations, Prime, Fulfillment
by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets,
Fire TV, Amazon Echo, and Alexa are some of the products and
services pioneered by Amazon. For more information, visit
www.amazon.com/about and follow @AmazonNews.
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