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Published byDennis Wilkerson Modified over 8 years ago
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Take Over the World! by Ioan Mitrea Io-an /ee-wahn/ Sounds like: Obiwan Kenobi
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Why are you here?
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Learn from other sellers SourcingAutomationRepricingMore Venues ???
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Ask Ioan: bit.ly/AskIoan Case sensitive!
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My Story: Part 1 - Out from behind the Iron Curtain
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My Story: Part 2 - Silicon Valley and Going Global
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Why Amazon?
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Amazon’s Long Game
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Why International Expansion? Total Sales in Billions of USD 2009-2012 International Sales: 45.25% of total Total International
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Jeff Bezos’ Napkin
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Traffic
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US 24.9 CA 1.0 UK 4.4 FR 2.1 DE 4.6 IT 1.7 ES 4.2 JP 5.0 Millions of visitors per day
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Population in millions of people
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Buying Power in trillions of USD
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Sellers
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US: 951,986 DE: 447,892 UK: 442,992 FR: 172,710 CA: 163,770 JP: 155,943 IT: 3,785 ES: 2,976 Sellers per venue: US UK DE FR CA JP ITES
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Fewer Competitors Amazon venues w/ each venue’s average feedback Amazon.com
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Fewer Competitors Amazon venues w/ each venue’s average feedback Amazon.co.uk
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Selection
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Total Catalog Size per Venue in millions of items
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Books Catalog Size per Venue in millions of items
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Music Catalog Size per Venue in millions of items
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Electronics Catalog Size per Venue in millions of items
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Toys and Games Catalog Size per Venue in millions of items
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And it’s always growing... Total Catalog Growth - 9/2012 - 5/2013 Millions of items
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And it’s always growing... Electronics Catalog Growth - 9/2012 - 5/2013 Millions of items
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Customer Experience
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37% of French consumers have shopped on Amazon.fr in the past 6 months!
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Marketplace Growth
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The Customer’s Perspective
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Buying from Amazon.co.uk Orders placed on May 14th: Delivery estimates when purchasing from the UK: May 16th - May 23rd Shipping price when purchasing from the UK: 2.8GBP
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Buying from Amazon.com Delivery times when purchasing from the US: June 13th - July 16th Shipping price when purchasing from the US: 16.95USD
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Lower Cost Structure
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Lower Cost Structure 1 lb 5 lb 10 lb Shipping Rates - US to UK USPS Priority: $66.38 Bulk Rate to UK: $14.57 USPS Priority: $53.96 Bulk Rate to UK: $7.42 USPS First Class: $15.08 DHL/FedEx/UPS International: $5.50 Bulk Rate to UK: $1.70 DHL/FedEx/UPS International: $27.50 DHL/FedEx/UPS International: $55.00
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5 million items on Amazon weigh less than 6oz. You can ship them to Japan for less than $2
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What about higher prices?
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Lower Prices
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What about higher prices?
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Amazon.com
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Amazon.co.uk
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Next Steps: Expansion to the UK Native language makes customer service easier. Not necessary to have a UK bank account. No VAT on books. Gateway to the rest of Europe.
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FBA or MFN?
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What’s Still Tricky VAT Customs Customer Service
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What is VAT?
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Avoiding VAT
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Customs
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Customer Service Gold: Professional translation, outsourced customer service. Silver: Virtual assistants. Bronze: Google Translate.
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Homework! Research Connect Discover
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Questions?
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Ask Ioan: bit.ly/AskIoan Case sensitive!
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THANK YOU! ioan@sellerengine.com
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