Awesome! A team of 9 people started Amazon and achieved a revenue of 120 million in one year

The "bonus" of online consumption brought by the epidemic should not be underestimated. The 2020 financial reports released by major sellers recently also confirmed this. Not only the big sellers, but also some small and medium-sized sellers have achieved very gratifying performance growth. Among them, some small and medium-sized sellers have created a very high annual turnover with very little, and have reaped a wave of "bonuses" from the epidemic.

A 9-person Amazon team generated $120 million in revenue in one year

Not long ago, a Shanxi seller born in the 1990s posted a video on a certain audio platform. The title was very attractive: "Listen to the Yiwu Amazon brother, how a team of nine people made 120 million in a year."

As can be seen from the video, this Amazon seller in the beauty category achieved a revenue of 120 million yuan last year with only 9 people.

"How has your sales changed compared to the same period last year ? " a seller asked on a social media platform recently.

Judging from the responses in the comments section, most sellers have achieved very good results. Some said their sales have doubled , some tripled, and some even 50 times.

In this fast lane of rapid growth, some sellers have maintained their momentum. Recently, a seller lamented that his competitor has set a purchase plan of 100 cabinets this year. The seller said that he could only tremble in fear when he saw the opponent's overwhelming momentum.

It can be seen that although the epidemic has greatly promoted the growth of sellers' online business, they are also facing greater financial pressure in the new round of competition this year.

We know that sellers face less financial pressure when selling on Amazon. For example, when the beauty seller mentioned above was asked what skills he had to sell on Amazon, he gave two words without hesitation: "a lot of money." It is reported that his start-up capital when he entered Amazon in 2018 was as high as 10 million.

It is conceivable that with a large number of novice sellers entering the market this year and old sellers becoming more and more experienced, the financial pressure they face will also increase sharply.

The new policy of double restrictions on warehousing "drags down" sellers, and logistics costs soar

Last Friday, when Amazon’s new policy on warehousing restrictions came out, many sellers felt that things had changed, especially for those sellers who have been in business for a short time and have a small scale.

A small seller gave an example: "Now my old ASINs have a storage capacity of more than 1,000, and new products have 3,000. The shipping time is relatively long, and the slow listing can easily lead to out-of-stock. Once out-of-stock, sales will drop. If sales drop, the total number of shipments will be reduced. Even if the listing is popular for a period of time, it will still be out of stock because of lack of storage capacity. This is a vicious cycle."

This time, Amazon's new policy is more beneficial to sellers with boutique models and multiple accounts. For novice and well-established sellers, they will have to think of more ways to survive this crisis.

Some sellers also suggested that a good way to deal with this restrictive policy is to increase the proportion of first-leg air freight. Previously, more than 10,000 pieces could be shipped slowly by sea, but now only more than 1,000 pieces can be shipped. If you want to replenish stock, you still have to use air freight or express delivery. But everyone knows that air freight and express delivery now cost more than 60 yuan per kilogram .

Now that Amazon has changed its policy, it will put sellers’ inventory turnover rate to the test. For many sellers who want to replenish stocks and maintain normal listing operations, sufficient cash flow can make them more relaxed.

The financial pressure is high but the seller is short of money? Here is a solution

Although many new sellers or small and medium-sized sellers are enthusiastic about investing in Amazon, many sellers are now facing an environment where they are "pursued" by price wars from their peers in front and increased logistics costs in the back, which suppresses their profits. In addition, Amazon is notoriously slow in collecting payments, so the sellers' cash flow has "collapsed."

In order to help sellers maintain normal capital turnover, Yien learned that Huafuda has established business cooperation relationships with a number of state-owned banks and joint-stock commercial banks to provide export e-commerce companies with unsecured and unsecured pure credit loans with a maximum amount of up to 10 million and an annualized interest rate of 3.85% to 5.85% .

Recently, Huafuda has successfully signed a contract with Futian Ginza Village Bank for a supply chain finance project, providing cross-border e-commerce sellers with a loan interest rate of less than 10%, a maximum amount of 3 million, and a pure credit loan that can be borrowed and repaid at any time. Once the product was launched, many e-commerce companies have inquired about it. In addition, Huafuda can match different loan products according to the actual business situation of the seller , with a simple process and fast approval.

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