Amazon Small Business Awards
In Amazon stores, more than half of the products come from small and medium-sized enterprises around the world. In 2018, independent third-party sellers (mainly small and medium-sized enterprises) accounted for 58% of Amazon's total physical merchandise sales. During this year's Prime Day, their sales far exceeded US$2 billion. In order to encourage sellers and set an example, Amazon launched the so-called "Small and Medium Seller Award."
There are three categories of Amazon Small Business Awards:
1. Small Business of the Year
All eligibility requirements must be met.
2. Woman-Owned Small Business of the Year
Key leadership positions at the company must be held by women, who must also own a majority stake (51% or more) in the company compared to other stakeholders.
3. Small Business Owner Under 30 of the Year
The key leadership position of the business must be held by someone under the age of 30, and someone 30 years old or younger must also own a majority stake (51% or more) in the company together with other stakeholders. The nomination form and category selection are collectively referred to as the "Submission". Each company can only submit one account to participate in the competition. If multiple accounts are submitted, the first submitted account will prevail.
To enter the Amazon Small Business Awards:
This contest is open to legal residents of the 50 United States and the District of Columbia:
1. Registered brand owner or craftsman with an Amazon Selling Partner account.
2. The number of employees is less than 100 and the annual total revenue is less than US$50 million.
3. Legal residents of the United States with an Amazon selling partner account in the United States.
4. The sales partner account must be in good standing for the past year and during the competition period.
Amazon Small Business Award winners:
1. The winner can bring one guest on a trip to Amazon's Seattle headquarters (Amazon will cover the round-trip airfare, accommodation, and ground transportation costs).
2. 6 months of account management.
3. Amazon.com promotional support worth up to $35,000.
4. $10,000 worth of advertising credits from Amazon.com.
Winners List After the winners are confirmed, the names of the winners will be published on the official website.
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