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Selling in Amazon UK with Kevin Sanderson
Selling in Amazon UK is worth exploring. Even if a lot of American sellers don’t want to jump through the hoops to sell in international marketplaces.
www.maximizingecommerce.com
Helps people grow their Amazon e-commerce businesses internationally.
Also the host of a podcast and Youtube Channel with the same name.
TOPICS
Successfully Expand and Sell on Amazon’s International Marketplaces
Does a launch service for people - helps people figure things out.
People in the USA are often afraid.
Amazon world tour from US perspective
EUROPE
Should You Consider Selling on Amazon's European Marketplaces? When?
Europeans
If you’re already in Europe, it makes sense!
How to sell your Amazon products in North America?
If you’re in North America, it seems like an intimidating thing!
Maybe start in Canada if you’re based in the USA.
When you’ve launched on Amazon.com
Kevin did it early on - 1 SKU, 4 coming in, registered for Amazon Canada.
Tried Etsy, Shopify etc.
We think in terms of diversification but Amazon usually gives more growth.
He tacked on 30% revenue with Canada.
It’s just WAY easier to expand listings onto other Amazon marketplaces
Shopify is all about affordable traffic.
Two things block people from starting an Amazon store
Forms and money!
Forms
If someone has a driver’s licence and a passport and has passed 6th Grade maths.
The forms to get a VAT (Europe) or GSTN (Canada) is no more complex than that.
The general flow of how you register for things is pretty similar when selling in Amazon UK.
Money!
The symbol for the pound or dollars looks different, but it’s just numbers.
His sister overseas Kindergarten math.
If you asked a child, "Say $1 in the US=£0.75 So what would $20 be?”.
That is literally 6th Grade Math.
Sales Tax Guide for Amazon FBA Sellers
Sales tax and income tax. Generally speaking, if you have a company in your home company, you can usually register in the other companies.
You’ll owe the income tax based on sales to your home government when selling in Amazon UK.
And the sales tax is owed to the country the sales are made in.
In Canada, it’s just once a year, you file and both countries US and Canada, you add in sales tax to the sales price.
UK
How do you deal with VAT personally?
Americans mostly go into the store, buy things -whatever it says on the shelves - we will pay 6 or 8% on top of that. They are used to that.
US Sales tax cf. VAT
If you buy an $8 beer, included in that is some form of sales tax - if you buy a beer for $8, that technically is not $8 that the stadium keeps when selling in Amazon UK.
You should think of it as “everything is like buying something in a stadium.”
If there is cash involved, the retailer just adds sales tax to keep it simple.
Accountants and sales taxes/VAT
If you go to the doctor, you’re not going to go to a foot doctor if you need heart surgery.
Your accountant is similar.
Kevin uses a CPA (Certified Public Accountant) for most stuff.
Uses Avask to handle VAT.
Uses an accountant who understands the Canadian system (based in Texas)
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By Michael Veazey
4.5
2626 ratings
Selling in Amazon UK is worth exploring. Even if a lot of American sellers don’t want to jump through the hoops to sell in international marketplaces.
www.maximizingecommerce.com
Helps people grow their Amazon e-commerce businesses internationally.
Also the host of a podcast and Youtube Channel with the same name.
TOPICS
Successfully Expand and Sell on Amazon’s International Marketplaces
Does a launch service for people - helps people figure things out.
People in the USA are often afraid.
Amazon world tour from US perspective
EUROPE
Should You Consider Selling on Amazon's European Marketplaces? When?
Europeans
If you’re already in Europe, it makes sense!
How to sell your Amazon products in North America?
If you’re in North America, it seems like an intimidating thing!
Maybe start in Canada if you’re based in the USA.
When you’ve launched on Amazon.com
Kevin did it early on - 1 SKU, 4 coming in, registered for Amazon Canada.
Tried Etsy, Shopify etc.
We think in terms of diversification but Amazon usually gives more growth.
He tacked on 30% revenue with Canada.
It’s just WAY easier to expand listings onto other Amazon marketplaces
Shopify is all about affordable traffic.
Two things block people from starting an Amazon store
Forms and money!
Forms
If someone has a driver’s licence and a passport and has passed 6th Grade maths.
The forms to get a VAT (Europe) or GSTN (Canada) is no more complex than that.
The general flow of how you register for things is pretty similar when selling in Amazon UK.
Money!
The symbol for the pound or dollars looks different, but it’s just numbers.
His sister overseas Kindergarten math.
If you asked a child, "Say $1 in the US=£0.75 So what would $20 be?”.
That is literally 6th Grade Math.
Sales Tax Guide for Amazon FBA Sellers
Sales tax and income tax. Generally speaking, if you have a company in your home company, you can usually register in the other companies.
You’ll owe the income tax based on sales to your home government when selling in Amazon UK.
And the sales tax is owed to the country the sales are made in.
In Canada, it’s just once a year, you file and both countries US and Canada, you add in sales tax to the sales price.
UK
How do you deal with VAT personally?
Americans mostly go into the store, buy things -whatever it says on the shelves - we will pay 6 or 8% on top of that. They are used to that.
US Sales tax cf. VAT
If you buy an $8 beer, included in that is some form of sales tax - if you buy a beer for $8, that technically is not $8 that the stadium keeps when selling in Amazon UK.
You should think of it as “everything is like buying something in a stadium.”
If there is cash involved, the retailer just adds sales tax to keep it simple.
Accountants and sales taxes/VAT
If you go to the doctor, you’re not going to go to a foot doctor if you need heart surgery.
Your accountant is similar.
Kevin uses a CPA (Certified Public Accountant) for most stuff.
Uses Avask to handle VAT.
Uses an accountant who understands the Canadian system (based in Texas)
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