How To Sell On Amazon as a Foreigner
Introduction.
Do you want to access the US market with your amazing product and service? Now is the best time to do so.
Amazon made a whopping $314 Billion in 2021, which means there are plenty of hungry customers and room for your business.
By selling only in your native country, you are limiting your sales to a certain extent, considering factors such as currencies and inflation in your country of business.
You can avoid that and hit the largest market in the world without needing to do too much.
Amazon has taken efforts to help sellers in moving to the international markets, perhaps because a majority of Amazon sellers stick only to their home countries.
With the help of Amazon FBA, you can now quickly expand your eCommerce business worldwide.
There is frequently a belief that selling products offshore is difficult, but it is not.
But how do you get started if you’re not a US citizen? In this article, I will explain step-by-step how to start selling on Amazon.com without hassle.
What is Amazon?
Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing and digital streaming.
Amazon has been ranked one of the most influential companies of all time, due to its large influence on eCommerce.
Amazon.com famously started as a bookseller, Bezos contended from its start that the site was not merely a retailer of consumer products.
But we can all see how it has grown to be global, you can read the brief history of Amazon during your free time, hence let’s get to business.
What is Amazon FBA?
Fulfilment by Amazon (FBA) is a service that allows businesses to outsource order fulfilment to Amazon.
Businesses send products to Amazon fulfilment centres and when a customer makes a purchase, we pick, pack, and ship the order.
We can also provide customer service and process returns for those orders.
Anyone enrolled in Amazon FBA can let Amazon handle all shipping, including returns and refunds, as well as product warehousing in Amazon’s warehouses, picking and packing, and more.
Sellers send their products to Amazon, which warehouses everything and then processes all of the orders as they come in.
As long as you handle the sales and make sure Amazon stays stocked with your products, the rest is done for you.
And yes, you have to pay Amazon fees for it because you are getting lots of benefits for doing such, some of which include.
24/7 Amazon customer serviceAll fulfilment and shipping costs included (pick, pack and ship).Access to one of the world’s most dynamic fulfilment networks.
What are the Benefits of selling on Amazon?
Amazon offers a huge opportunity for brands selling physical products. The good news is that selling on Amazon is not just limited to US residents and corporations.
It is possible to sell on Amazon in the US without ever setting foot on US soil. Why must you sell in the US as a foreigner, in this section, I will spot out why you should do so.
1. Amazon U.S. is the largest of Amazon’s marketplaces.
Amazon’s U.S. site (Amazon.com) is the largest e-commerce site in the world. Here are some stats that also backs this up.
Amazon’s U.S. site also boasts the following advantages over its international counterparts:Amazon U.S. hosts around 350 million product listings—including 12 million sold by Amazon itself64% of Amazon U.S. sellers have earned more than $25,000 in profits throughout the lifetime of their businesses70% of Amazon U.S. sellers earn more than $1,000 per month in revenue.
2. It’s easier to sell in the U.S. than in the EU.
The US is one country that allows freedom of expression, hence trade is not left behind. Other markets like the EU have a few more obstacles to overcome to start selling on their platform.
The only other Amazon marketplace that comes close to Amazon.com US in size is the combined European Amazon network.
However, in the EU, sellers have to add VAT earlier in the supply chain. As an added cost of goods sold, this makes pricing products competitively in the EU a little more difficult.
In addition, products sold in the EU have to cater to more than just English speakers, as you have to add support for other Amazon-enabled marketplaces such as Spain, Germany, France, Italy, the Netherlands, and the UK.
This means that their products and listings must be readable in as many as six different languages. In the U.S., most sellers list their products in English only, making them easier to sell.
3. Amazon offers Fulfillment by Amazon (FBA).
As explained earlier, Fulfillment by Amazon is a program that allows Amazon’s sellers to send and store their inventory to store in Amazon’s warehouses.
Once a sale is made, Amazon’s employees pick, pack, and ship the goods on behalf of the sellers. Although this service is available in every country with an Amazon marketplace, it’s important to note the convenience it offers international sellers.
Without FBA, international sellers would have to ship their goods overseas to their customers or find third-party fulfilment options, which could be highly expensive and time-consuming.
Amazon FBA has made the process easier to handle than ever by lifting the heavyweights of direct delivery.
4. A seller can start selling on Amazon U.S. without Stress.
There are very few barriers to entry to starting selling on Amazon whether you reside in the USA or not.
54% of sellers who sell in the Amazon U.S. marketplace had their businesses up and running in fewer than three months, and made a profit in less than a year.
I wrote a comprehensive guide on how you can start selling on Amazon as a foreigner, check out the link to the article to learn more.
https://tchelete.com/how-to-sell-on-amazon-as-a-foreigner/#Introduction