Allow Amazon To Buy My Products To Sell Globally? | Amazon Global Selling
Summary
TLDRIn this video, Thomas Parkinson discusses Amazon's Global Selling Program, which allows sellers to expand internationally without having to manage complex listings or shipping. He explains how Amazon buys products from the seller's local marketplace and resells them globally, handling all logistics, taxes, and customer service. Parkinson provides insights on how to enroll in the program and shares his personal experience with global selling, offering advice on maximizing revenue and scaling the business. He also touches on key aspects like returns, fees, and how to opt out of the program, concluding with the benefits of accessing more sales opportunities.
Takeaways
- π Amazon's Global Selling program allows you to sell your products internationally by Amazon buying them from you and handling everything, including shipping and taxes.
- π This program is different from Amazon's 'Build International Listings,' where sellers manage their listings and update prices themselves.
- π To participate in Amazon Global Selling, you only need to enable the option in your Seller Central account, and Amazon handles the rest.
- π Your products can be sold globally across Amazon marketplaces in countries like the UK, EU, Brazil, and more.
- π Once you enable Global Selling, Amazon buys your products locally, ships them internationally, and sells them under Amazon's name, not yours.
- π No additional fees are charged for using the Global Selling program, and you will continue to receive the same payment as if selling domestically.
- π You can track your sales in Seller Central, and returns are handled like normal domestic returns, with products sent back to your local pool if needed.
- π You can easily opt out of the program at any time by disabling it in your Seller Central settings.
- π Amazon Global Selling simplifies international sales but limits the control you have over which countries Amazon will sell your products in.
- π If you want more deals to increase your sales, the speaker recommends using their service, Fast Track FBA leads, to find new opportunities for profitable products.
- π While the program is designed to help increase revenue, itβs important to note that results may vary, and it might not drastically change your sales volume.
Q & A
What is the Amazon Global Selling program?
-The Amazon Global Selling program allows you to sell your products internationally. Amazon buys your products from you through the FBA program and resells them under the Amazon brand in global marketplaces.
How is the Amazon Global Selling program different from the Build International Listings option?
-In the Global Selling program, Amazon purchases your products and handles everything, including listing, shipping, and customer service. With the Build International Listings option, you are responsible for managing listings, prices, and updates across multiple marketplaces.
Do I need to create listings or manage international sales with the Global Selling program?
-No, you do not need to create listings or manage international sales. Amazon handles everything after purchasing your products, including listing, shipping, and customer service in international markets.
How does the transaction process work in the Global Selling program?
-When Amazon buys your products, it appears in your Seller Central account as a domestic sale. Amazon then ships the product to the international marketplace and handles all aspects of the transaction, including customer service and taxes.
What are the benefits of using the Amazon Global Selling program?
-The main benefits include ease of expanding your business internationally, minimal effort needed from the seller, and no additional fees. Amazon handles all aspects of the sale, including international shipping, taxes, and customer service.
How can I sign up for the Global Selling program?
-To sign up, go to your Seller Central account, navigate to the 'Fulfillment by Amazon' settings, and enable the option to allow Amazon to buy your products for global selling. You can select the marketplaces where Amazon can source your products.
Are there any additional fees for using the Global Selling program?
-Currently, there are no additional fees for using the Global Selling program. You receive the same amount of money as you would for a domestic sale.
Can I dictate where Amazon sells my products globally?
-No, you cannot dictate where Amazon sells your products. Amazon decides which global marketplaces they will sell your products in.
What happens if a customer returns an item sold through the Global Selling program?
-If a customer returns an item, Amazon will handle the return process just like a domestic return. The product will be sent back to the domestic pool (where the product was originally purchased from) and will be credited accordingly.
Can I opt-out of the Amazon Global Selling program at any time?
-Yes, you can opt-out of the Global Selling program at any time by disabling the option in your Seller Central account settings.
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