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ECommerce success outside US. Anyone?

Discussion in 'General Mindset, Motivation, Beliefs' started by Smuggo, Jan 14, 2019.

  1. Smuggo
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    Smuggo Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Hello everyone,

    I wanted to start this thread to find people who were successful in eCommerce outside US or any country that has Amazon. I've been through some threads and most of them tell stories about 6-figures but they are mostly in America.

    I know that "bring value to others" is most important thing, but I am living with that bias that you can't earn 6-figures doing eCommerce in Europe in a small country (Poland, no Amazon). That's why I want to kill it ASAP. And maybe it will help other to get rid of that belief, if it's false.
     
    Last edited: Jan 14, 2019
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  2. Longinus
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    Longinus Platinum Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Yes, I'm doing that amongst many others here. Progress thread on the inside. What's holding you back?
     
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  3. RazorCut
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    RazorCut Platinum Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    If you are living in a European country outside of the influence of Amazon then you have a distinct advantage as you are not competing with the biggest eCommerce bully in the world.

    You also aren't competing with people who, without a ton of effort, can attach themselves to existing successful Amazon listings and drop the price to gain instant sales.

    You can become a savvy eCommerce store owner, building a site that solely belongs to you. Learn marketing to drive the traffic and reap the rewards.

    Do a search for the product(s) you want to offer and see what your competition is. You just need to beat them and a lot will probably be pretty mediocre.

    Can you do 6 figures? Of course you can, 6 figures isn't much at all unless you live in a country with only 1000 citizens and they only earn $4 a week (and even then that's over $200k).

    I live in a European country and owned eCommerce businesses doing over $1M a year with mostly just domestic sales.

    As @Longinus said 'whats holding you back'?
     
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  4. srodrigo
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    srodrigo Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Could you provide a bit more context on this? Do you mean that Amazon monopolises the eCommerce business there and makes other eCommerce's lives hard? We also have Amazon in Europe (I use it much more to buy online than on any other eCommerce), but they don't have such an influence here?
     
  5. RazorCut
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    RazorCut Platinum Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    From Smuggo post I took it they meant they didn't have Amazon trading in their country. Not knowing what country they are in (which bugs the crap out of me, as I personally think it should be made a site requirement so as to give some context when reading and replying). I mean why do you not want to disclose what country you are located in?

    Anyway, in the US Amazon take around $1 for every $2 dollars of online retail spend. If you don't have to swim in waters where your competitor is a great white shark life is a lot easier, yes?
     
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  6. Smuggo
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    Smuggo Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Sorry for that. I was sure I've added my country. Was in hurry and probably missed that. Fixed.
     
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  7. Smuggo
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    Smuggo Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    I think I can find tons of excuses that are actually not important (just laziness) , but I wanted to hear that it's possible here in Europe since I mostly hear about people success in US. RazorCut pointed some of the advantages and I am grateful for that.
     
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  8. Longinus
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    Longinus Platinum Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    With one single listing on Amazon.com, my product is available for 325 million people in the USA alone. To beat this in Europe, I need to list in at least 5 countries, with 5 different languages and 5 different regulations, let alone tax and VAT.
     
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  9. BookwormMitch
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    BookwormMitch Silver Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    There’s a number of e-commerce businesses in New Zealand, an isolated country of 4 million people, making millions of dollars.

    As others mentioned 100k is nothing. A coffee shop can make 100k easily
     
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  10. Smuggo
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    Smuggo Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    And that's also one of the reasons I am asking this question. I don't know much about regulations and if it's hard to implement but, let's say, I have access to the 10-20% of US population in a single country. So to achieve something like "American Dream" I would have to sell my products in other countries in Europe?

    If you don't mind me asking. Do you sell your products like you described? Different countries ect.?

    Edit:
    Wow. Didn't know that. So my previous question is invalid now.
     
  11. Longinus
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    Longinus Platinum Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    No, that's why I sell in USA only. The effort I put in one country, gives me the same revenue as I should do it in multiple smaller countries.

    It doesn't need any regulations, it's easy actually. That's why many Chinese sellers are active on Amazon too.

    Of course you can also sell in your own country and make good money, all depends on the market and your product. For me it would be impossible to sell the same volume in the Benelux only. The niche I'm in is also much bigger in America.
     
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