The world of Amazon sellers just grew more extensive, adding 85 new countries to the Amazon Approved Sellers’ list.
At last, Amazon appended to its list of approved countries for seller registration to many previously barred from registration. In all, the latest update to the list includes 85 brand-new additions.
To many, it serves as a bit of surprise that such a substantial number of countries could still be added to the Amazon marketplace. Although Amazon’s grown into one of the world’s largest companies since its founding in 1994, the recent inclusion of nearly 100 new countries to the approved sellers’ list shows it’s still growing.
Pakistan, Saudi Arabia, South Africa, and Venezuela are among the notable new additions to the marketplace. With this revision, few countries are omitted from the directory of approved countries, with 188 countries now approved for seller registration. For the most part, only countries with strict sanctions, such as North Korea and Cuba, remain excluded from the Amazon Approved Sellers list.
What this means…
After record growth in Q1 2021 and setting up more international marketplaces, Amazon shows no signs of slowing down. Allowing more sellers into the marketplace only figures to accelerate that upward trajectory.
For aspiring Amazon sellers in the newly approved countries, this update encourages aspiring entrepreneurs to enter the marketplace by removing a major barrier to entry. Now, they can get in on the growing number of third-party sellers cashing in on the billions of dollars generated in the marketplace.
In the past, sellers from these newly added countries could still sell on Amazon. However, they’d be forced to establish their business in a country on the approved sellers’ list.
However, exclusion from the list served as a hurdle for those looking to enter the Amazon marketplace. For example, Pakistan stands out as a new addition among newly approved countries as the home of one of the largest Amazon seller groups in the world.
While many in the group sold on Amazon before Pakistan was approved, countless others entered the Amazon marketplace as virtual assistants. Certainly, removing restrictions and breaking down barriers to entry may stimulate them to become sellers in their own right.
Our interview with Saqib Azhar, serial entrepreneur, Amazon mentor, and leader of the Ecommerce by Enablers Facebook group
In previously banned countries with a strong Amazon presence like Pakistan, many celebrated the newly opened doors. As Azhar notes, Amazon represents a massive opportunity for Pakistan to improve the country’s economy. Additionally, he believes FBA can be a promising opportunity for the country’s youth to discover financial freedom.
Fulfillment by Amazon (FBA) has proven to be an incredibly rewarding opportunity for aspiring entrepreneurs. After a record-setting 2020, e-commerce continues to thrive in 2021. Even more encouraging, market analysis projects Amazon to be responsible for 50% of all e-commerce retail sales in 2021.
All in all, the excitement from newly added countries underlines the opportunity provided with FBA. While many industries experience turbulence and many unknowns, selling on Amazon offers a tremendous opportunity with an even brighter outlook.
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