Expanding into International Marketplaces – Drey Hilton – Amazon Legends – Episode #185
01/03/23 Nick Uresin
The guest on today’s episode is Drey Hilton, He is the Strategy Manager at Dragonflycommerce. He focuses on growing acquired brands by breaking down silos, driving collaboration, and doing the hard things. Using his consulting and Fortune 500 experience, he leverages his expertise to navigate international complexity, drive organizational simplicity, and achieve outsized growth while maintaining profitability. In today’s episode, he discusses about how to expand the amazon business into international marketplaces.
- The seller needs two key things to start selling in the UK, They are VAT ID and importer of record.
- The best way to find an importer on record is to find a compliance service provider through the amazon seller partner network.
- Need to get a good idea of taxes when expanding to avoid losses.
- When selling to European countries look around the neighboring tariffs to find better flexibilities you can comply with.
- Think local but act global.
- Getting a clearance from a tariff expert is the best thing to do for your business.
Quote of the Show:
The bigger volume between Canadian and European Markets will be the European Market. The U.K. is the 3rd or 4th of the European Economy as a whole due to Brexit. Then within the EU itself, you have major players such as Germany, France, Italy, and Spain. In addition, you have the downstream countries.
Personal – Linkedin: https://www.linkedin.com/in/dreytonhiltonecommercestrategy/
Dragonfly – Linkedin: https://www.linkedin.com/company/dragonflycommerce/
Dragonfly – Website: https://www.dragonflycommerce.com/
Amazon Legends is sponsored by Argometrix, the authority on, and a leading supplier of, competitive intelligence for online retail. To learn more, head over to https://argometrix.com/
A2X is a world-class software company which automates accurate ecommerce accounting for thousands of ecommerce businesses worldwide. Whether you are selling on Shopify, eBay, Etsy, Amazon or Walmart, A2X will give you confidence your financials are accurate and the insights you need to run your ecommerce business efficiently.
Use the following coupon codes to receive discount on A2X Accounting services:
An eCommerce suiteto manage and sell products, find keywords, identify trends, optimize listings, streamline advertising campaigns, and more on Amazon.
Use the following coupon codes to receive discount on Helium10 services:
- ARGOMETRIX10 – 10% off onall plans (including annual plans)
- ARGOMETRIX50 – 50% off on first month
Top 1% Amazon sellers rely on Carbon6 tools to scale, optimize, and stay ahead of the curve.The C6 suite of tools makes it simple to optimize and streamline every aspect of your Amazon business.
Use the following coupon codes to receive discount on Carbon6 services:
eComBalance offer monthly bookkeeping services for growing eCommerce brands, agencies, and software companies.
Click here to sign up for eComBalanceand get 1 month free.
Spread the word!
If you enjoyed listening to this podcast, then please support me with a review on Apple Podcasts. It's easy and takes 1 minute! Just Click here to head to Apple Podcasts and leave an honest rating and review of the podcast. Every review helps!