eCommerce

Amazon Offers Prime Day Discounts To Boost SMB Partners

Amazon Offers Prime Day Discounts To Boost SMBs

Amazon Prime customers who spend $10 or more at U.S. small businesses that are official "partners" of the company will get $10 discounts while shopping on Prime Day, the online giant stated on Monday (Oct. 5) in a statement providing new details about the previously announced program.

The next Prime Day is slated for Oct. 13 and 14.

"Customers can shop tens of thousands of eligible products from a variety of categories, such as home and kitchen, grocery, beauty and grooming, pet supplies, toys and games, electronics, jewelry, books and more," the news release states.

Shoppers can search for businesses by category – such as home and kitchen, jewelry or handmade – by geography, or by limited business-owner demographic traits such as "woman-owned," "black-owned" or "military family-owned."

Taxes on items will not count toward the $10 purchase requirement. If a shopper returns an item, Amazon will cancel the discount.

As for how a sprawling global operation defines a "small business," Amazon wrote in Monday’s announcement: "We use Gartner’s definition of small business. Small businesses eligible for this promotion are based in the country in which the promotion is taking place, and are registered with Brand Registry or participate in the Handmade program. The specific products featured in the promotion are owned and sold directly by U.S. brand owners and artisans that are small businesses."

“In the midst of an unprecedented year, we’re committed to making this the most successful Prime Day ever for our small businesses and excited for Prime members worldwide to discover new ways to support local entrepreneurs and save big on everything they need and love,” Jeff Wilke, CEO of Worldwide Consumer at Amazon, said in a prepared statement. “This year’s Prime Day is the perfect opportunity for Prime members to get their holiday shopping done early from the comfort of their homes — and to have more time to spend with their families and friends throughout the season.”

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NEW PYMNTS DATA: HOW WE SHOP – SEPTEMBER 2020 

The How We Shop Report, a PYMNTS collaboration with PayPal, aims to understand how consumers of all ages and incomes are shifting to shopping and paying online in the midst of the COVID-19 pandemic. Our research builds on a series of studies conducted since March, surveying more than 16,000 consumers on how their shopping habits and payments preferences are changing as the crisis continues. This report focuses on our latest survey of 2,163 respondents and examines how their increased appetite for online commerce and digital touchless methods, such as QR codes, contactless cards and digital wallets, is poised to shape the post-pandemic economy.

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