Amazon Cares and Helps Small Business
September 16, 2020
DarkCyber noted “Amazon to Invest $18 Billion This Year to Help SMBs.”
“SMB” means small and mid sized businesses. These are the companies that are going out of business because some of the digital monopolists do not care.
The write up states with enthusiasm:
In the next 12 months, the ecommerce behemoth will provide more than 500,000 SMBs in the US currently selling on Amazon, with online selling guidance, education, and support and the company plans to onboard an additional 100,000 US businesses as new sellers in its store.
But that is not all:
Amazon has launched more than 135 new tools and services this year to help sellers manage and grow their businesses, including new ways to connect brands with customers. The company said it will spend an additional $100 million this year to promote small businesses during Prime Day and through the holiday season. Last year during Prime Day, third-party sellers – mostly SMBs – exceeded $2 billion in global sales.
Definitely significant because if it works, Amazon wins. That’s the way it is supposed to be when the Bezos bulldozer drives along the Information Superhighway. That road may feature billboards which say, “We are helping.” Impressive.
Stephen E Arnold, September 16, 2020
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