An online business has much more scope for expansion than any other business. Even with that scope of expansion, if your business is limited to your nation or part of the nation then this blog is an eye opener for you. Because reaching out to different prominent nations of the world is now much easier with Amazon Global Selling, it allows you to tap into 13 marketplaces with more than 300 million active customers internationally. Do you wish to dig deeper into Amazon Global Selling? The next 8 minutes of reading will solve all your queries related to AGS and international selling.
Amazon Global Selling is a program by Amazon.com that allows sellers to sell their products across different marketplaces of the globe. There are about 22 online stores worldwide being run by Amazon, and Amazon Global Selling gives sellers the chance to tap into all these places:
Europe:
Asia:
North America:
Also, there are some newly launched markets like Australia. Sellers just need to make accounts for countries where they wish to make the sales. However, in the case of European and North American markets, sellers just have to make a single account. Amazon provides sellers with support for language, fulfillment, currency conversion, and everything related to laws and regulations. However, the sellers must make sure that they take care of the taxing, import, and customs duties of the particular nation. Also, in countries like Japan, there are restrictions on selling certain products, and sellers have to be vigilant of the same. Now, let’s discuss how Amazon Global Selling helps you grow globally.
Amazon Global Selling is a well-thought-out program that allows sellers to reach as many people and markets as they want without having to leave their places physically. It takes care of everything from listing products to the final delivery. Here’s how it makes global selling a cakewalk:
FBA stands for Fulfillment By Amazon. Amazon provides a fulfillment facility for cross border shipments which includes inventory storage, picking, packing, and shipping. As a bonus, it also caters to local customer support for better customer satisfaction. So, sellers just take care of their sales and product.
Sellers need not worry and brainstorm different strategies for different markets. The same techniques and ideas can work for every market that they wish to sell in. The holiday and festival season is almost the same across the globe, like Christmas, New Year’s Eve, Black Friday, Diwali, etc. The sales and discounts during this particular period can work all around the globe.
Making an international seller account is very easy with Amazon. Sellers just have to make account for the markets that they want to tap. However, all the accounts can be managed with just the primary account, where sellers can list products and check their fulfillment status.
While selling in a different nation, currency conversion is the most prominent problem. On the other hand, this is also the most interesting part since it tends to bring more money than regional sales. Amazon solves the problem for sellers with its easy money conversion, following which the amount is directly sent to the linked bank account. This helps sellers to maintain an easy flow of money.
Different nations use different languages and feel connected only in their respective languages. Amazon solves this problem as well. Amazon’s Seller Central Language Switcher Tool enables the sellers to manage all the marketplace accounts in English. Also, the Build International Listings feature converts the product detail pages from the native language to the language of the customer's site.
There is a simple procedure that allows sellers to make international sales and earn much more revenue. Here are the steps:
Decide which nation or collection of nations you wish to target. Find out what taxes, rules, and other factors are necessary when selling in a new market and aiming to reach those customers from outside.
Choose a payment option, list your products, decide on price, and register as a seller on the marketplaces that make sense. You can use the tools that Amazon provides to manage your product listings, and seller accounts across several marketplaces.
Establish the charges, schedules, and specifications for each country in which you sell, as well as how your shipment and fulfillment will be managed. You have three options: deal with an overseas logistics partner, do it yourself, or use Amazon FBA.
Going global does not just increase sales; it also comes with a lot of profits. As a seller, you would definitely want to reach every customer who needs your product, and if the sale is international, it is even better. Amazon Global Selling will make it easy and hassle-free, so you just have to focus on the growth that comes along.
If you wish to integrate your other sales channels and Amazon together, you may use MapMyChannel which will not only help you with inventory management, fulfillment, order tracking and product listing but will also bring all the sales channels and ERPs together on a centralised dashboard for easier management of the online business.
Start Selling Globally Today! 🚀 Expand globally, boost sales, and grow your business with Amazon Global Selling. Sign up now!