How to Sell Internationally on Amazon with Kevin Sanderson Maximizing Ecommerce #50

Selling internationally can feel overwhelming. Today we talk to an Amazon expert who will help you simplify the process to expand your business to other countries. Kevin Sanderson, host of the Maximizing Ecommerce podcast and a successful Amazon seller. Kevin is fresh off his PPC summit where he gathered some of the top PPC experts and if you didn’t participate in that I recommend my listeners check it out at maximizingecommerce.com/steven for PPC. There’s a special offer for $97 to get all the videos from the summit.

So before we talk international, what’s on your mind this week?
Is now a good time to go international?
Yes - Kevin UK sales surpassed the USA for short time.
How big should you be in the USA before you go international?
Small - function of money in and money out.
Focus Canada first
Going to our podcast topic today, how do sellers get started and scale international markets for Amazon?
Register with national government
GST / HST
GST = VAT LIKE
Sales tax added on
Covers all provinces
File annually
Stuck on Pesticides gating? Answer key here. https://www.youtube.com/watch?v=hRbsQvqV3t0
NARF - remote fulfillment
Send FBA USA inventory to Canada/Mexico https://www.youtube.com/watch?v=_2GNJAl2XdA
Taxes
Customs
VAT
VAT resources https://services.amazon.co.uk/services/vat-resources.html
Which markets should be prioritized and why?
Canada
UK
Germany
Rest of Europe
Australia
Japan
Singapore
Selling business - Seller Net Profit 3x
Example:
100k USA net profit
10k Canada
The 3x goes to 3.1 multiple because of diversity
First year 6.5%
Full guide for getting started on international http://maximizingecommerce.com/mag with a special offer from Kevin Sanderson.

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