#385 - Singapore Marketplaces | Vietnam Sourcing | Upcoming Asia Tour
Serious Sellers Podcast · with Jordan Ken Lee, Jeremy Teo, Ryan Ebel · October 8, 2022 · 32 min
Summary
This episode offers a dual perspective for Amazon sellers: insights into the emerging Amazon Singapore marketplace and practical advice on diversifying sourcing beyond China to Vietnam. It highlights the potential for growth in international Amazon markets, particularly for sellers based in Asia targeting the US, and provides actionable tips for navigating new sourcing landscapes to mitigate risks and improve product quality.
Key takeaways
Amazon Singapore, while smaller, is growing and can be a viable market for sellers, especially those in Southeast Asia. International sellers are also successfully leveraging Amazon Singapore.
Many sellers based in Singapore are "Amazon first entrepreneurs" who primarily focus on the lucrative Amazon USA and European marketplaces, with significant success stories reaching 7-figures in revenue.
When switching manufacturing from China to Vietnam, thoroughly vet factories and consider using sourcing agents, but always conduct independent quality control checks to avoid product issues.
Develop a detailed "technical specifications file" for new products to ensure manufacturers understand precise requirements and minimize quality control failures.
Leverage the Helium 10 Chrome extension’s Demand Analyzer to gain instant Amazon data on products discovered on other e-commerce platforms like Shopify, Walmart, Etsy, or Alibaba, and to get supplier quotes from Alibaba.
In this episode, we welcome three guests to talk about Amazon Singapore, the pros and cons of sourcing in Vietnam, and how to meet Bradley on his trip to Asia.
What does this episode say about amazon & marketplaces?
Amazon Singapore, while smaller, is growing and can be a viable market for sellers, especially those in Southeast Asia. International sellers are also successfully leveraging Amazon Singapore.
What does this episode say about supply chain & operations?
Many sellers based in Singapore are "Amazon first entrepreneurs" who primarily focus on the lucrative Amazon USA and European marketplaces, with significant success stories reaching 7-figures in revenue.
What does this episode say about founder & leadership?
When switching manufacturing from China to Vietnam, thoroughly vet factories and consider using sourcing agents, but always conduct independent quality control checks to avoid product issues.
What does this episode say about amazon & marketplaces?
Develop a detailed "technical specifications file" for new products to ensure manufacturers understand precise requirements and minimize quality control failures.
What does this episode say about amazon & marketplaces?
Leverage the Helium 10 Chrome extension’s Demand Analyzer to gain instant Amazon data on products discovered on other e-commerce platforms like Shopify, Walmart, Etsy, or Alibaba, and to get supplier quotes from Alibaba.
