Ajay Kavan, our Vice President of International Special Projects, spoke this week at Retail Week Live in London about how technology is creating new opportunities for SMEs.
As retail becomes more reliant on technology, there is no doubt the opportunities will continue to grow, something that is good for everyone in the industry and the broader UK economy
Speaking to an audience of industry leaders, small businesses and entrepreneurs, Ajay shared his thoughts on how it is still very much Day One for the internet, and how access to new technology is levelling the playing field for small retailers:
“At Amazon we strive to have the mentality of a startup, and we recognise that many of the innovations our customers use every day, from our e-commerce website and streaming services and devices, to newer innovations like cloud computing and voice recognition, are still very much in their infancy.
There’s no doubt technology will continue to evolve, and small retailers are increasingly taking advantage of this. At Amazon we work to support British small businesses, helping them with the tools and opportunities they need to grow and reach more customers around the world. Indeed half of all units sold on Amazon globally are actually sold by independent third party sellers via Amazon and UK-based sellers exported £1.8 billion in goods last year alone. As retail becomes more reliant on technology, there is no doubt the opportunities will continue to grow, something that is good for everyone in the industry and the broader UK economy.”
Retail Week Live brings together a unique audience to discuss the future of retail. With over 1,200 delegates, including 100 CEOs, attending over two days, it is the premier event in the UK retail calendar.