Amazon’s Impact on Small Businesses
There’s been a lot of discussion lately as to how awful Amazon is for mom and pop shops. Well, that’s up for debate. Yes, Amazon is the largest online retailer in the world and yes, it’s Prime feature makes it easy for members to order anything they need with one click. However, in some cases, Amazon is actually the best customer that small businesses have.
It seems crazy; why would the biggest online retailer buy from local businesses? Well, the same reason everyone else does. Amazon has made moves to encourage its warehouses in different locations throughout the country to purchase from local businesses. Amazon is likely aware at this point that they are the largest threat to small businesses across America. They are also the biggest threat to big box stores such as Macy’s, Sears, and other major brick and mortar retailers.
One of the ways that a lot of small businesses are working towards saving their businesses is by utilizing Amazon as a resource to expand their sales. Of course, becoming an Amazon seller while running a small business is no easy task and certainly is anything but a traditional business method. However, it is important for business owners to keep up with the changes in businesses and that might mean making products available online.
If you are a small business owner and have questions about how to become an Amazon seller, contact an experienced accountant today.
If you are an Amazon seller and require the assistance of an experienced Certified Public Accountant, please contact Ebiz Accounting for an initial consultation.