Skip to main content
Global Edition
Saturday, May 4, 2024

10292020 Small Businesses

Credit: WTVQ Lexington, KY
Duration: 0 shares 1 views

10292020 Small Businesses
10292020 Small Businesses

Amazon Prime day brought Millions in revenue for small business and amazon wants to continue helping small businesses through their website

C1 3 speaker 1: if ever there was a time when small business owners needed a boost, we are living in it.

Even with that reality, there is some good news.

Gene marks: national federation of independent businesses recently came out with their small business optimism index, and it showed an increase this year.

It's the levels from 2019, and it's not all that unsurprising.

A lot of small businesses around this year, they're navigating their way around this pandemic, they're struggling through it.

Some businesses are doing quite well, actually.

Speaker 1: earlier this month, many of amazon's small merchant partners saw a boost of their own.

Small business expert gene marks believes online sales may be the way to go.

Gene marks: on prime day, those same small and medium- sized businesses sold an additional three and a half billion dollars.

Depending on the research that you read, e-commerce sales will be up anywhere from 25 to 40% this year, which is enormous.

So a lot of business owners are learning lessons, they're pivoting.

Gives me hope and optimism for the us entrepreneur.

Speaker 1: you can support small businesses worldwide at amazon.com/suppor

You might like

Related news coverage

Advertisement