The BEST and WORST Amazon Marketplaces To Sell On (Where Should YOU Start?)

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4 жыл бұрын

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😎 ABOUT THIS VIDEO 👇
These are the best and WORST Amazon marketplaces to sell in, in 2020.
So Amazon.com is obviously the king of ecommerce but did you know there are actually 16 Amazon marketplaces, and worldwide more than 50% of Amazon’s ecommerce traffic - actually comes from OUTSIDE the US?
That’s huge.
And a very common question I get is - ‘Myles, I’m from Australia, Amazon US seems so saturated, how about Amazon Australia’, or ‘Myles - I’m from Germany, should I sell in Amazon Germany instead?’
Won’t it be much easier to make sales and launch my first product in one of these other marketplaces that make up 50% of amazon’s traffic?
That pivotal decision could completely make or break your business.
I’ll answer that question in this video by ranking Amazon’s marketplaces, from best to worst.
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👋 About Myles / Nomad Millionaire 😃
My name is Myles and I'm no different to you. Three years ago I left a dead end engineering job to travel the world and become financially free. I had a few failed starts - but I found Amazon FBA and the rest is history. Since learning how to sell on Amazon I've sold over $6,000,000, built the dream life for myself and helped thousands of people to escape the 9-5 grind for themselves. My dream and life goal is for as many people to reap the rewards of financial freedom that I've been lucky enough to receive. Join me if you want to learn how to sell on Amazon FBA, private label, build an online business and live the best life possible. We all hold the power to change our lives forever - it just takes a start.
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Пікірлер: 57

@MylesDunphy 4 жыл бұрын

Which marketplace are you going to start in? Leave me a comment below 👍 Get help starting your Amazon business TODAY 👉 swiy.io/amazontraining

@YeshuaSaves3 3 жыл бұрын

Have been thinking about Canada since my virtual assistant suggested it because of less money to start out. Also, Junglescout doesn’t seem to work with Canada.

@yesdinesh 3 жыл бұрын

I'm from India can i start FBA fram India is it profitable or not please tell me sir

@healthyhindu6799 2 жыл бұрын

@@yesdinesh Amazon selling in India is not a good marketplace, customers returns and fraud customers are massive. US and UK customers. I have worked with lot of sellers they get different items in return means high loss.

@fbafreedom2393 4 жыл бұрын

I agree that for a first product, choosing a marketplace where there is significant enough demand is key. That being said, marketplaces such as Australia should not be overlooked for later expansion of your already existing products. Thanks for the video!

@rabiaashrif5217 2 жыл бұрын

@@baptistelauret9425 contact me

@wealthmodernmanmastery9330 4 жыл бұрын

Extremely thorough. Thanks, brother!

@tcbiggs9509 4 жыл бұрын

I always appreciate your videos. Very helpful! Thank you!

@JessicaPachecoYT 4 жыл бұрын

Thanks for this! I have been thinking about selling on the other marketplaces!

@aribernays 3 жыл бұрын

Thank you for sharing this beautifully laid out analysis and walking through your data driven decisions. This is pure gold. Honestly I’m surprised by the other comments that are all over the place and not seeming to understand the significance of what you just presented. Well, I’m glad I gleaned it: I’m expanding from the US where I currently sell and live, to Germany and Japan immediately. The data says it all. Thank you sincerely for presenting this. You rock!

@MylesDunphy 3 жыл бұрын

Glad it was helpful!

@lisa-kr4wz 3 жыл бұрын

great video, really helpful for me to expand the markets!!

@segth 4 жыл бұрын

Brilliant cake analogy lol Always on point Miles. Thanks for the updated market analysis.

@forgiveandmoveon 3 жыл бұрын

Great information. Your sharp with providing good data. 👍

@chrisdippolito_ 4 жыл бұрын

Great video Myles 👍🏼 I agree that Amazon US is definitely the best marketplace to start selling in. I did previously look at Amazon Australia, however the lack of demand and ability to get reliable data means it’s not a great opportunity at the moment.

@mirafbizuneh3974 4 жыл бұрын

Thank You, this is a great video, very informative..!

@KhoaNguyen-wr7rd 4 жыл бұрын

Very very thankful for your work.

@henriettatan 3 жыл бұрын

Great video as usual!

@jashgo9593 4 жыл бұрын

Great video. Thank you for sharing this 😊

@tokyoplastic8046 4 жыл бұрын

Another great video, cheers man. I'm 100% behind you on all of this... apart from Japan. Japan is carnage dude. This could be a much longer message... but the bottom line is that Japan is just different. I'd love to know how you get on with your research and whether you choose to launch here or not. The potential is huge (and in time I think it will be right up there with the US, UK and Germany) but in many ways when you start on Amazon Japan it's like going right back to the beginning and all the rules are different!

@lazy-rich 3 жыл бұрын

Great analysis 👍🏻🙏🏻

@fraserhair2578 2 жыл бұрын

EXCELLENT information..

@merleglass4282 3 жыл бұрын

great information, thank you

@danisht 4 жыл бұрын

Loved the cake analogy!

@forgiveandmoveon 3 жыл бұрын

It was a very creative anology about the cake. I can relate. You simply introduce a new flavor to the party like 31 Baskin and Robbins. Lol 😂

@fabalf 4 жыл бұрын

Hola Myles. Do you have a video on optimal digital nomad legal and financial setup? Also one explaining how to setup to sell in the UK?

@envisionsaccounting8157 4 жыл бұрын

Great video! Do you have a recommend company to handle VAT filings?

@fbafreedom2393 4 жыл бұрын

I use VATGlobal and they have been very good so far :)

@FirstPrincipleGuy 3 жыл бұрын

Amazing value!!!!

@devstruction98 3 жыл бұрын

Yeah Singapore’s market is so dry for Amazon because people already use Carousell there

@alidaas 4 жыл бұрын

Great video

@fraserhair2578 2 жыл бұрын

Excellent

@LigneDesign 4 жыл бұрын

Great video! In addition, how about Amazon FBA Export?

@Yuukapsyche 2 жыл бұрын

Hi Myles! Wicked content!! Thank you. Are you planning to make the same content for 2022? Due to the pandemic and container shortage, our Q4 seems not so optimistic in Amazon USA. I would love to see how things were changed since 2020.

@fkoker 3 жыл бұрын

well done! Can I ask how many sellers are there for each platform?

@christinegrimmond7164 4 жыл бұрын

Wow, you love a spreadsheet.

@sehaho 4 жыл бұрын

Really good analysis, I would add a point of view though. I think India should be higher because so many people live there. GDP PPP is low for every citizen. But if you look at the 20% (270 million) or 5% (68 million) that earn the most, they may have an income (and a population) comparable to France, Italy, Canada and Spain.

@AhmedRaza-kg4nn 2 жыл бұрын

Sir may i ask what does that part mean normalized (US=1) spending power means??

@DeltaEngineer 4 жыл бұрын

Good stuff Miles as always. Unfortunately can't sell in US market from the UAE :( feelsbadman

@mou8922 4 жыл бұрын

Why u can't sell in the us market from the Arabic country?

@DeltaEngineer 4 жыл бұрын

@@mou8922 its not in the list of approved countries to sell in the US for some reason.

@paoladearco9566 2 жыл бұрын

you made me hungry with the cake jajajajjaja

@animalrelatedar 2 жыл бұрын

i great idea.

@alessaray6050 2 жыл бұрын

What if you are doing OA? Do you think the US is still the place to start? There are much more sellers and there are less chances to get the buy box

@christinegrimmond7164 4 жыл бұрын

Do you know why we shop so hard off of Amazon in Canada? Its to cold to get to the mall!!!

@westwil 4 жыл бұрын

Hi mate, i've been a amazon FBA seller for 3 years in the UK. i have been following your content for quite some time now and thank you for the gems you've been dropping for for while. how can i get in contact with you? i would like to connect if you don't mind

@Manuel-bp5tp 4 жыл бұрын

JungleScout extension does support Japan (amazon.co.jp)

@casestudy6073 3 жыл бұрын

I try to make a amazon acount you video help me

@maishamout5586 2 жыл бұрын

What about amazon ae (untied arab)

@HenricoTV 2 жыл бұрын

Helium has mexico now

@jimnaaf7360 4 жыл бұрын

Beer? Yes please. Cake? No thanks.

@willydepooh 4 жыл бұрын

The content is good but man, you really need to work on that camera set up. Every time you lean on your desk the cam wobbles and you can hear your hands bumping your desk!

@MylesDunphy 4 жыл бұрын

true!