Uploaded on Jun 30, 2020
PPT on All about Amazon Digital StoreFronts.
All about Amazon Digital StoreFronts.
All about Amazon Digital StoreFronts Introduction • Amazon Storefronts provides a way to distribute items directly to Amazon to small and medium-sized businesses. • Launched in September 2018, Amazon has set up Storefronts as a dedicated site in which it celebrates small companies, presents curated collections of exclusive items and offers a forum for a small business shopping experience. Source: PYMNTS.com 2 What’s new? • Amazon wants clients to interact with small businesses and have an intimate, mom-and-pop-shop experience through the online platform, rather than navigating thousands of online sellers. Source: PYMNTS.com 3 Who owns Storefronts? • Storefronts actually only comprises a small number of businesses. The company will add new products, and grow storefronts over time, according to Amazon. • Any eligible seller can register by visiting amazon.com/storefrontsinfo for more information on this expansion. Source: Business News Daily 4 Example • Amazon Storefronts features David Minnery's handmade toy company, Manzanita Kids. • Minnery said he began selling his toys about two years ago on Amazon Handmade, and Amazon asked him to join Storefronts. He described it as a "mom-and - pop shop." Source: Business News Daily 5 Job Opportunities • According to Amazon's Small Business Impact report, small businesses selling on Amazon have created more than 900,000 jobs. • However, Amazon has had a rocky relationship with small business in the past as its pricing model and technology-first approach has pushed some small businesses to close. Source: TechGig.com 6 Controversies • In 2016, a study from the Center for Local Self-Reliance argued that the growth of Amazon could be seen as an assault – many businesses have little choice but to enter the marketplace as a third-party vendor. Source: Pixabay 7 Impact on Small and Medium Enterprises • Amazon currently features 20,000 small businesses in the Storefronts portion. • This is a small portion of the overall small businesses that sell on Amazon's website – 300,000 small and medium-sized companies started selling on the site in 2017 alone, according to the impact study from Amazon. Source: Pixabay 8 How to Sign-up? • Any small business owner can register for more Storefronts information. Amazon has a review process to determine which enterprises are included in Storefronts based on the available categories. • On the details sign-up page, it states that more small businesses will be introduced as Storefronts expands into new categories. In other words, you can not just subscribe to Storefronts. • Alternatively, you'll need to deal with Amazon directly to decide the category of your company and how you can sign up. Source: Jungle Scout 9 What you need? • Your name on the Amazon displays • Your address to email • The first line of goods • Branded products (if any) you own • Where your company is located 10 Conclusion • Amazon Storefronts will help you unlock a new base of customers while telling the story of your company. • The most critical first step to building your own Amazon Storefront account is to request details and fill out the company's online form. Selling on Amazon is a lucrative business, and getting established on Amazon Storefronts can make your small business shine. Source: Multichannel Merchant 11
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