Amazon releases Summer Trends Report

Amazon has released its UK Summer Trends report, that includes statistics such as that over 1 billion items on Amazon’s Fulfilled By Amazon (FBA) scheme were delivered to customers in the last year to customers around the world.

There is some suggestion that Amazon is very good for the UK economy. According to the trends report, “Third party sellers who run their companies on Amazon Marketplace support 74,000 jobs across the UK.”

Amazon isn’t just about squeezing the middleman as some commentators appear to suggest. The number of UK sellers making more than £1 million a year selling on Amazon’s marketplace grew by 20% in 2016, and exports to the EU have grown by 33% since last year. The report declares, “To help support this growth and ambition, in April 2016 Amazon launched a new pan-European Fulfilment programme to help sellers boost exports and successfully grow their business abroad.” One of the big pushes between countries in the EU and the EC has been to make it easier to send goods across borders and this EU FBA scheme is one of the things that makes Amazon so competitive.

Those classed as Pro Sellers who trade abroad saw growth increase by 50% year on year as well.

You can download the report from here file:///Users/richardshrubb/Downloads/A_ConsumerReport_Digital_High.pdf

Where the figures are very good, and the UK has by far the largest e-commerce economy in the current European Union, there is no guarantee that things will look so rosy after we have left. With smaller companies packing their bags and heading for other countries, there is nothing stopping a giant like Amazon doing the same…