With the right approach and minimal investment, anyone can establish and grow an export business from India
Expanding your business globally is no longer a daunting task, thanks to e-commerce export programs like Amazon Global Selling. With the right approach and minimal investment, anyone can establish and grow an export business from India. This guide will walk you through the process of starting your export business with Amazon.
Why Choose Amazon for Your Export Business?
Amazon Global Selling empowers over 125,000 exporters to sell in 200+ countries and territories, reaching millions of customers worldwide. It provides a hassle-free platform for small and medium enterprises (SMEs) to expand their reach without the need for heavy investments.
Key Benefits of Amazon Global Selling:
- Wide Customer Network: Access over 300 million international customers.
- 24/7 Business Operations: Manage your export business anytime, anywhere.
- Seamless International Shipping: Utilize Fulfillment by Amazon (FBA) for efficient logistics and delivery.
The Growth of Exports from India
India is one of the fastest-growing economies globally, with the government forecasting an average economic growth of 7.2% over the next five years. E-commerce has played a significant role in this growth, making it easier for Indian sellers to tap into international markets.
With Amazon Global Selling, over 100,000 Indian sellers, including many MSMEs, are now exporting products to global customers. These businesses are leveraging Amazon’s platform to showcase unique, high-quality, and contemporary Indian products worldwide.
Steps to Start an Export Business with Amazon
1. Register Your Business
Begin by registering your business on Amazon Global Selling. The registration process is entirely online and requires:
- KYC documents
- A valid credit or debit card
2. Obtain an Import Export Code (IEC)
An IEC is mandatory to export from India. You can apply for it through the DGFT (Directorate General of Foreign Trade) website. Read this free guide to learn more about IEC applications.
3. List Your Products
After registration, list your products on Amazon’s platform. Ensure your listings include:
- High-quality, attractive images
- Clear and compelling product descriptions
4. Choose a Fulfillment Method
You can either handle logistics yourself or opt for Fulfillment by Amazon (FBA). With FBA, Amazon stores, packs, and ships your products while also managing customer service and returns.
5. Start Shipping and Receiving Payments
Once an order is placed, Amazon facilitates payments in the currency of your choice. With FBA, you don’t need to worry about logistics or delivery delays.
Minimum Investment to Start an Export Business
Starting an export business with Amazon requires minimal investment. Here’s what you need:
- Amazon Selling Plan: Choose between individual or professional plans based on your business size and goals.
- Fulfillment and Logistics: Opt for FBA to simplify shipping and delivery processes.
- Export Documents: Apart from IEC, additional documents might be required based on your product category and destination country.
Scaling Your Export Business
Once you’ve set up your export business, you can scale it by:
- Participating in Global Sale Events: Leverage international peak seasons like Prime Day, Black Friday, and Christmas.
- Using Amazon Advertising: Promote your products to reach a larger audience.
- Bulk Listing and Selling: Increase inventory and expand product categories to grow sales.
Why Export with Amazon?
1. Low-Cost, Hassle-Free Setup
Amazon provides an affordable way to start exporting, eliminating the need for physical stores or warehouses in foreign countries.
2. Global Customer Base
Sell to millions of customers worldwide, spanning 30+ product categories like textiles, leather goods, jewellery, and toys.
3. Fulfillment by Amazon (FBA)
With FBA, Amazon manages storage, packing, shipping, and even customer service, allowing you to focus on growing your business.
Get Started Today
The world is just a click away. With Amazon Global Selling, you can take your business to new heights by reaching international customers with minimal investment and effort. Start your export journey today and make the most of global e-commerce opportunities.