Post by sinthiya007 on Nov 4, 2024 10:17:56 GMT
Today we'll talk about two interesting topics related to Amazon.
The first is the opening of almost 100 new countries to trade on the marketplace. The second is the dominance of Chinese sellers, which has become so serious that the query “How to avoid Chinese sellers on Amazon” has reached the TOP of Google search queries in the US.
Amazon continues to grow, and the global COVID pandemic and the rapid transition to online shopping play a major role in this. Here are just a couple of figures that illustrate this: Third-party sellers made 55% of all marketplace sales in the first quarter of 2021 , and this percentage is constantly growing. For example, in 2015, it was only 44%.
The marketplace's retail sales in the same first quarter of 2021 amounted to $52.9 billion . This is 44% more than in the same period (Q1 2020).
+85 countries that can sell on Amazon
Is Amazon going to stop? Of course not. Even though on page seo service Jeff Bezos has switched to programs to explore space with rich space tourists, the Internet giant continues to grow.
In May of this year, it became known that Amazon had expanded the list of countries that new sellers could register with. +85 new countries were added, bringing the total number to 188. The countries added were mainly from Central Asia, the Middle East, South America, and Africa.
Among the new countries, the greatest hopes are pinned on Pakistan, Kazakhstan, Uruguay, Venezuela, the UAE, Saudi Arabia and South Africa. If you read Western blogs, everyone is expecting a huge breakthrough for Pakistani sellers, especially in the clothing and fabrics sections (these sectors account for half of Pakistan's exports).
Are such hopes justified? Most likely, not, and this is proven by the experience of Kazakhstan. On Amazon, it has long been possible to find goods of clearly Kazakh origin. Often these are souvenirs, jewelry, silverware, and even dark milk chocolate of a Kazakh brand. The head of the Kazpost postal service, Saken Sarsenov, confirmed back in 2018 the increased flow of shipments to Amazon warehouses from Kazakhstan.
How did Kazakh entrepreneurs get around the registration ban? It's simple - they registered using the addresses and passport details of residents of countries from the permitted list. Often it was the Russian Federation, but sometimes Ukrainians helped their Kazakh colleagues. The same situation was with Moldova.
And the same story happened with Pakistan. There was a whole layer of intermediary companies that helped Pakistani entrepreneurs trade on Amazon. Yes, now everything will become simpler, more legal and money can be withdrawn to accounts in local banks. But will there be a big breakthrough and a sharp increase in the number of Pakistani and Kazakh entrepreneurs? Most likely, no.
The first is the opening of almost 100 new countries to trade on the marketplace. The second is the dominance of Chinese sellers, which has become so serious that the query “How to avoid Chinese sellers on Amazon” has reached the TOP of Google search queries in the US.
Amazon continues to grow, and the global COVID pandemic and the rapid transition to online shopping play a major role in this. Here are just a couple of figures that illustrate this: Third-party sellers made 55% of all marketplace sales in the first quarter of 2021 , and this percentage is constantly growing. For example, in 2015, it was only 44%.
The marketplace's retail sales in the same first quarter of 2021 amounted to $52.9 billion . This is 44% more than in the same period (Q1 2020).
+85 countries that can sell on Amazon
Is Amazon going to stop? Of course not. Even though on page seo service Jeff Bezos has switched to programs to explore space with rich space tourists, the Internet giant continues to grow.
In May of this year, it became known that Amazon had expanded the list of countries that new sellers could register with. +85 new countries were added, bringing the total number to 188. The countries added were mainly from Central Asia, the Middle East, South America, and Africa.
Among the new countries, the greatest hopes are pinned on Pakistan, Kazakhstan, Uruguay, Venezuela, the UAE, Saudi Arabia and South Africa. If you read Western blogs, everyone is expecting a huge breakthrough for Pakistani sellers, especially in the clothing and fabrics sections (these sectors account for half of Pakistan's exports).
Are such hopes justified? Most likely, not, and this is proven by the experience of Kazakhstan. On Amazon, it has long been possible to find goods of clearly Kazakh origin. Often these are souvenirs, jewelry, silverware, and even dark milk chocolate of a Kazakh brand. The head of the Kazpost postal service, Saken Sarsenov, confirmed back in 2018 the increased flow of shipments to Amazon warehouses from Kazakhstan.
How did Kazakh entrepreneurs get around the registration ban? It's simple - they registered using the addresses and passport details of residents of countries from the permitted list. Often it was the Russian Federation, but sometimes Ukrainians helped their Kazakh colleagues. The same situation was with Moldova.
And the same story happened with Pakistan. There was a whole layer of intermediary companies that helped Pakistani entrepreneurs trade on Amazon. Yes, now everything will become simpler, more legal and money can be withdrawn to accounts in local banks. But will there be a big breakthrough and a sharp increase in the number of Pakistani and Kazakh entrepreneurs? Most likely, no.