With daily sales of 230,000 US dollars, Amazon sellers have a good start!

In 2021, cross-border e-commerce has developed rapidly and its scale has doubled. Countless sellers have rushed to Amazon, and many have invested tens of millions of yuan in real estate to enter the market. However, when the epidemic, account suspension, and soaring costs came one after another, the traditional "floor-type spiral" approach is no longer popular. Refined cross-border e-commerce operations have gradually become the mainstream, and how to reduce costs and increase profits has become the focus of sellers.

In 2022, cross-border e-commerce will continue to develop, and Amazon sellers may face more intense competition. Under multiple circumstances, what kind of response will the sellers give?

Amazon sellers' single-day sales exceeded 230,000 US dollars

Recently, some sellers posted their impressive performance on social platforms.

On January 3, 2022, the seller sold 1,139 items , with sales of US$231,300 on that day , and an average amount of US$233.83 per order item .

This seller opened up a new chapter in the Year of the Tiger with a single-day sales of 230,000 US dollars, which made many sellers envious, but also worried many sellers.

"High sales volume does not mean high profit. Profit is king and it is the real money in your hands," said a seller.

Judging from the current situation, the sellers' concerns are not without reason. After deducting the product cost, first-leg logistics, overseas warehouse, and off-site fees, the sellers' profits are really not much after deducting the invested funds from the funds received .

For sellers, if they want to obtain high profits, efficient operation is the first and cost control is the second . However, the current situation of sellers is that the costs of advertising, logistics, etc. are still high , and the sellers' profits are worrying. How to reduce costs and increase profits has become one of the difficult problems for many sellers .

Advertising budget exceeded? How can sellers reduce costs and increase profits?

"Halloween didn't make me feel the peak season, the Black Friday preheating didn't make me feel the peak season, the soaring freight forwarding delivery fees didn't make me feel the peak season, but the advertising budget at 7 a.m. US time was all exceeded, which made me really feel the peak season," said a seller from the bottom of his heart.

Another seller said that he had been doing business on Amazon for more than five years and had spent 20 million on advertising. According to the exchange rate of 6.7, that is about 3 million US dollars, which averages out to 600,000 US dollars per year, 50,000 US dollars per month, and 1,600 US dollars per day. Is this normal?

It is not just advertising costs that continue to soar, but the constant fluctuations in exchange rates, raw materials, logistics and other costs have also become a "stumbling block" for many sellers to achieve high profits .

At the same time, reducing costs and increasing profits have become the focus of many sellers. Choosing a payment tool that has the advantages of low fees, multiple scenarios, global payment, and high efficiency has also become an issue that sellers urgently need to solve.

The editor learned that many sellers are using Airlink’s related products, such as the safe and convenient global payment account that can help sellers collect payments at low cost; the Airlink Visa card that has low cost and high cash back, refreshes the industry’s new pricing, and supports payment and settlement in 10 mainstream currencies such as US dollars and British pounds ; and the low-cost handling fees that connect to the global local payment network and reduce the number of intermediary banks, which truly help sellers achieve the effect of reducing costs and increasing profits.

Recently, Airwallex participated in the Amazon Global Selling Cross-border Summit for the first time as a "payment service provider", which is inseparable from its excellent product services and outstanding comprehensive strength.

Airwallex has always been adhering to the original intention of "connecting entrepreneurs, creators and global opportunities, and enabling cross-border operations for enterprises of all sizes", constantly optimizing and upgrading products, and providing full-link services to cross-border e-commerce users such as Amazon to meet the needs of different companies to varying degrees . Airwallex, which was established six years ago and has now completed a $100 million E1 round of financing, has a corporate valuation of $5.5 billion. In 2021, Airwallex has successively obtained payment licenses in the Netherlands, Singapore, Malaysia and other places ; at the same time, it continues to expand its business in North America, Asia Pacific, EMEA and other regions.

As a result, Airwallex has been selected as one of the "KPMG's Leading Fintech 50" for three consecutive years, and has been selected as one of the 2021 Forbes Global 100 Cloud Computing Companies, and has been selected for the investment community's 2021 Hong Kong Unicorn List. Airwallex's soft power cannot be underestimated.

In addition, Airwallex has a long history of cooperation with Amazon. In October 2021, Airwallex released a "100-day growth plan" tailored for Amazon sellers at the 2022 Amazon Global Store Launch Conference, allowing sellers to truly experience the integrated product services of cross-border collection, withdrawal, and payment, and truly helping sellers reduce costs and increase profits, and go global without worries.

In order to thank our users for their trust and support, and to celebrate Airwallex's first appearance at the Amazon Cross-Border Summit,   AirConnect also brings benefits to cross-border e-commerce sellers. Scan the QR code to participate in the lucky draw and you will have a chance to win great prizes!

Only through cooperation can we truly achieve win-win results. In addition to this cooperation with Amazon, Airwallex has successively reached cooperation consensus with Industrial Bank, Bank of Communications Shanghai Branch, and Pudong Development Bank Shanghai Branch to achieve a strong alliance.

As AirConnect's own strength improves, many sellers are becoming more aware of its overall brand, which also indicates more possibilities for AirConnect. Interested sellers can click on the link to read the original article and learn more about the story of AirConnect!

Amazon

Seller

230,000 USD