international product finder Archives

Find International Products

With Amazon international markets now enabled on Product Discovery, you can easily select the market you are wanting to compete in from the top menu. Just look for the location drop-down menu on the top right of the screen, and select your preferred marketplace.

Once you have selected your market, some of the language inside the tool will change. For example, when looking for product ideas in the German marketplace, the category names will appear as they do on Amazon.de. Likewise, if you are searching by Keyword, the keyword results will be in German.

This is where being able to quickly transition to Amazon becomes really handy. If German is not one of your primary languages, you won’t be able to tell what the product is or even what category it is in. Click the “View on Amazon” button for the products whose metrics look most favorable to you, and give yourself a few tabs to explore.

Validate International Product Ideas

Once you’re on Amazon, use the Market Intelligence Chrome extension to get the most up-to-date star rating for the product as well as historical information about how the market is trending. You can also see sales trends, price fluctuation, and market averages for revenue, sales, price, reviews, and star rating. While Product Discovery helps you find products, Market Intelligence will help you to validate, or invalidate, that market.

Market Intelligence provides data and insights for international markets including the following: UK, Germany, Canada, Mexico, Brazil, China, France, India, Italy, Japan, and Spain.

Launch In International Markets

Viral Launch also offers international launches in the following marketplaces: UK, Germany, Canada, France, Italy, and Spain. Coming this year in 2018, we will also offer launches in Japan, India, China, and Mexico.

The opportunity to expand into international markets at this point in time is incredible. While you can certainly expect the cash flow from these markets to be less than Amazon.com, getting into a market early is a huge advantage. You can begin gathering reviews and building sales history to establish your product as the go-to product for your market before competition increases.

Additionally, we currently offer all international launches for free, with the exception of UK launches.

With Product Discovery, Market Intelligence, and our Launch platform all integrated with international markets, it’s never been easier to expand your business.

Ready to find and source your next international product? Create a free Viral Launch account and sign up for Product Discovery with international capabilities today!

Savvy Amazon sellers have been taking advantage of Amazon’s global marketplaces for years. With marketplaces in 11 regions, and customers in over 180 countries, Amazon makes it easy to get in front of fresh markets and new consumers. Retail, as we know it, is rapidly developing as consumers purchase more products online rather than in-store. eMarket shows that Amazon is responsible for 44 cents of every ecommerce dollar spent, up from 38 cents in 2016. With this increased growth, more sellers are expanding beyond borders to find less saturated markets and take advantage of exchange rates. The opportunity to sell globally? Massive.

International Selling

We are now seeing more private label brands and resellers become global market leaders. Brands like Anker manage their own eCommerce storefronts and are relatively unknown in the brick and mortar space. But, by optimizing their listings and expanding their brand across multiple channels, they’ve become a titan on global marketplaces. On Amazon, the UK/EU are collectively the same size as the Amazon.com market. In China, it’s projected that more than a quarter of the population will be shopping for foreign products on eCommerce platforms. For those of you counting at home, that’s roughly 455 million potential customers.

That said, opening your business to new markets means learning how to navigate cross border payments, transactions, and how to bring your international sales home effectively. Not to mention you will have to pay VAT, the equivalent of sales tax in the UK / EU, to the international governments in which you’re selling. It goes without saying, you need an effective strategy in place to manage all of your different currencies, tax payments, and supplier payments to protect your margin selling globally.

Money Forward Contracts

So what do you do? Setting up in-country bank accounts requires an entity in that country, and the process to set it up can be lengthy and costly. Not to mention, the currency exchange rates that you’re getting may still not be competitive. While most marketplaces have a currency solution, you have zero control over when they move your funds and no transparency to the trade rate of their funds. You need a solution that both allows you control over your foreign exchange, and protection against potential volatility in the rates.

Take Brexit, for example. We saw the rates move 10% in a matter of hours, and those using a marketplace solution were at the mercy of the markets. Those who were working with a solution like WorldFirst were able to work with their relationship managers to protect themselves against market movement by booking forward contracts or setting rate alerts. This helped them move their funds back home at a rate they budgeted for. By giving our customers the ability to control their money, we were able to provide peace of mind and the ability to protect their rates.

Amazon International Money Transfers

As global eCommerce becomes more accessible to sellers, it’s becoming easier to make cross border distribution a reality for your business. The only consistency in the currency market is that it fluctuates. While you may never be able to predict which way the market is going to move, World First can help you protect your margins and grow your business globally. We have had sellers experience their business grow between 5-10% in the first year of expanding internationally, and then reinvest the profits in your business to promote continued growth in the international space.

World First USA Inc. can help you pay suppliers, vendors, and taxes overseas. We can set you up with local receiving accounts in the countries where you’re selling, allowing you to collect funds in the local currency and take control of when your funds are transferred. The marketplace transfers your earnings to your in-country account and you can transfer your funds back home. We’d love to help you take hold of the global markets. Register here to get started.

Tag: international product finder

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