How to Sell Internationally on Amazon with Kevin Sanderson Maximizing Ecommerce | Summary and Q&A

TL;DR

Selling internationally on Amazon can be overwhelming, but with the right guidance, it can be a lucrative opportunity for business expansion.

Key Insights

• ⌛ Selling internationally on Amazon provides a competitive advantage during uncertain times.
• 😘 Canada serves as a low-risk starting point for international expansion.
• 👨‍💼 Diversifying sales internationally reduces risk and increases the value of the business.
• 🌍 VAT in Europe is a complex topic, and sellers should seek professional guidance.
• 😒 The Narf program allows US sellers to use their FDA inventory for international sales in Canada and Mexico.
• ❓ It is important to understand the cultural and language differences when selling in different countries.
• 😘 Advertising costs are generally lower in Europe, with less competition compared to the US.

Transcript

selling internationally can feel overwhelming today we talked to an Amazon expert who will help you simplify the process to expand your business to other countries my name is Steven Pope and this is the my Amazon guy podcast I'm now joined by Kevin Sanderson host of the maximizing ecommerce podcast and a successful Amazon seller thanks for joining ... Read More

Questions & Answers

Q: Is now a good time to go international with Amazon?

Yes, going international now provides a competitive advantage as many sellers are focused on local operations. It is the second-best time to start expanding internationally.

Q: What should sellers consider before going international?

Sellers should focus on Canada as a starting point, as it allows for easy registration and does not require a separate Amazon account. It is a low-risk option for international expansion.

Q: What are the benefits of diversifying your sales internationally?

Diversifying your sales internationally reduces risk and increases the value of your business. It allows for additional revenue streams and protects against potential disruptions in a single market.

Q: How does VAT work in Europe?

VAT is a complex topic, and it is advisable to seek the guidance of a tax professional. In general, VAT is calculated based on where the product is dispatched from, and sellers may be responsible for registering and filing VAT in different European countries.

Summary & Key Takeaways

• Kevin Sanderson, a successful Amazon seller and host of the Maximizing Ecommerce podcast, discusses the process of international selling on Amazon.

• It is a good time to go international as it provides a competitive advantage while others focus on supply chain issues and local operations.

• Canada is a great starting point for international expansion, as it allows for easy registration and relatively low risk.