Amazon sellers export almost £3bn in the EU
Amazon have just revealed that in the past year businesses selling on its EU websites earned a record €2.8 billion in revenue from exports within the EU.
This is in addition to the billions of euros EU sellers earned from purchases made by Amazon customers living in their home countries (i.e. UK seller to UK customer) and outside of Europe (German seller to U.S. customer). Amazon also announced that the number of EU businesses exporting their products to customers outside of their home country increased nearly 50% in the past 12 months.
“Amazon has approached Europe as a single market since we launched here more than 15 years ago. We operate marketplaces in five different languages with over 100 million products, and ship products to customers across the EU from 28 fulfillment centers – both for Amazon and on behalf of our sellers,” said Francois Saugier, Amazon Director of EU Seller Services. “European businesses are able to sell on any of our websites, to any customer, anywhere in Europe. Plus, many of these businesses are using Fulfillment by Amazon (FBA), which means they simply send their inventory to one of our fulfillment centers across Europe and we will take care of the rest, ensuring fast delivery to customers around Europe and across the world.”
These figures are pretty staggering, but just goes to demonstrate the opportunity of Amazon. What makes selling overseas on Amazon especially easy is their universal accounts and FBA which once you’ve shipped your products in bulk and listed them leave you with very little left to do other than wait for the money to roll in on a fortnightly basis.