Amazon.com, Inc. (NASDAQ: AMZN) rose over 2.32% in pre trading session on Monday as it has issued its 2021 Amazon Canada Small Business Empowerment Report, which details how the business provides opportunities, tools, and services to assist more than 41,000 Canadian selling partners in reaching millions of customers and increasing sales and profitability. The vast majority of Amazon third-party sellers are small and medium-sized enterprises.

Amazon selling partners in Canada successfully negotiated a hard economic environment in 2021, with overall yearly sales increasing by 20% year on year. These firms sold over 100 million products, more than 200 things per minute, and averaged $85,000 (USD) in sales (+13%), sustaining a constant year-over-year growth trajectory.

An organic skin care firm based in Oakville, Ontario, is founded by Stephen Aikman, All Natural Advice stated that Amazon Canada is the reason our tiny firm has developed into what it is today. The capacity to compete on a par with huge national companies significantly levels the playing field. Amazon is a turnkey platform that enables small businesses in Canada to expand up, use logistical services, and reach millions of prospective consumers. Amazon has been with them from the beginning, giving them with guidance, tools, and the opportunity to interact with the Canadians who have helped them become a top-selling skincare brand.

A review into Amazon selling partner performance in Canada in 2021 revealed:

• Every minute, almost 200 products are sold. From January to December 2021, Amazon selling partners in Canada sold more than 100 million things, an average of more than 200 every minute. The majority of Amazon third-party sellers are small and medium-sized enterprises.
• The 4,000 selling partners with sales surpassing $100,000 (USD). Amazon continues to be a pioneer in scaling up Canadian enterprises, with over 4,000 Canadian selling partners having over $100,000 (USD) in sales. This is a year-on-year growth of more than 13%. Furthermore, over 1,000 Canadian vendors averaged over $500,000 (USD) in sales.
• During 2021, more than 25,000 selling partners on Amazon.ca used Fulfillment by Amazon (FBA) in Canada, generating more than $1 billion in sales.
• In 2021, more than 25,000 selling partners selling on Amazon.ca used Fulfillment by Amazon (FBA) in Canada, marking a year-over-year increase of more than 20%.

The proprietor of Hunter & Trove Studio in Vancouver, Yulee Harris explained that for them, jewelry is more than simply metal and stone; it is also about the message that may be housed inside. It’s about an item they keep near to them because it reminds them of their history, wonderful memories, and the people they care about. He have been able to share his work with a larger spectrum of consumers thanks to Amazon, and it’s a joy to see clients from Nunavut to Prince Edward Island easily select Hunter & Trove items and have their jewelry immediately dispatched to their door. Because Amazon handles fulfillment, he can concentrate on producing new designs and interacting with clients more thoroughly.