2. • Internet Retailer says there’s
$3.1 billion of sales up for grabs
in Amazon’s European markets.
• Almost 50% of all sales on
Amazon from outside the USA*.
• Less competition! Selling in
Europe means that you could
have anywhere between 50%
and 100% less competition*.
• Reach new markets – some of
which get up to five million
visitors per day.
Amazon operates 11 online marketplaces
worldwide
Opportunities
* webretailer.com, March 14, 2016, The World’s Top Amazon Marketplace Sellers
3. 1) Slow domestic growth – Factors such as
market saturation can cause growth to level off.
2) Seasonality – Don’t limit yourself to
seasonality of one country. It’s always summer
somewhere else!
3) Competition – Strong domestic competition
can put a strain on your margins.
4) Diversify risk – Selling in one country leaves
you vulnerable to its economic climate and
limited to one group of buyers.
In a global merchant survey, nearly 80%
of respondents agreed that selling their
products or services overseas is
profitable1.
1Payvision global survey
80%
Why sell globally?
4. World First will offer any online merchants
an unbiased, FREE audit of their foreign exchange
exposure.
https://www.worldfirst.com/us/
866.700.6544
Inquire here:
Editor's Notes
TEST
Seasonality: Many retailers are expanding their reach in order to sell off seasonal stock. For example, sportswear retailers have begun selling their summer stock to the Australian market once the season ends in the US.
Competition: Get ahead of the competition by selling in a new market where there’s more room for margin Less competition means more margin!!!!!
Diversification: Don’t put all your eggs in one basket. Selling abroad may also open up opportunities to sell new products that are popular abroad.
It can be done with a large product offering or a small one, or all at once or a little at a time, etc.
Now you know why, let’s figure out where!