\n Amazon Singapore is also extending the waiver of professional selling account subscription, fees for new and existing sellers, until 30 June 2021 <\/p>\n
SINGAPORE
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\u00a0<\/p>\n
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Amazon Singapore is also extending the waiver of professional selling account subscription, fees for new and existing sellers, until 30 June 2021 SINGAPORE
–\u00a0Media
OutReach\u00a0– 28 January 2021 –\u00a0(NASDAQ:AMZN) – Amazon announced today at the inaugural Amazon Southeast Asia
Online Seller Summit 2021
additional resources and support for small and medium-sized businesses (SMBs)
in Singapore …<\/p>\n","protected":false},"author":1,"featured_media":11339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/11648"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=11648"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/11648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/11339"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=11648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=11648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=11648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n–\u00a0Media
\nOutReach<\/a>\u00a0– 28 January 2021 –\u00a0(NASDAQ:AMZN) – Amazon announced today at the inaugural Amazon Southeast Asia
\nOnline Seller Summit 2021<\/span><\/a>
\nadditional resources and support for small and medium-sized businesses (SMBs)
\nin Singapore to start selling online and expand globally through its stores. Amazon
\nannounced that it is extending the waiver of professional selling account
\nsubscription fees for new and existing sellers, until 30 June 2021. This
\nsupport builds on Amazon’s current initiatives such as the online seller
\neducation series, Seller University<\/span><\/a>, and over 225 free tools and
\nservices to help sellers grow their sales in Amazon’s stores in Singapore and
\nworldwide.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\naddition, Amazon is teaming up with Enterprise Singapore (ESG) to help local
\nretailers scale globally. Enterprise Singapore will support these efforts
\nthrough the Market Readiness Assistance (MRA) scheme. Support will be capped at
\nS$100,000 per new country, includes support for up to 70% of eligible costs for
\noverseas promotion, overseas business development and overseas country set-up,
\nand gives SMBs the flexibility to expand across new countries at their
\npreferred pace. This is one of several measures which local enterprises can tap
\non through ESG to grow and diversify their businesses.\u00a0 More details can be found in ANNEX.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nwill double-down on efforts to support our local businesses in gaining
\ne-commerce capabilities and maximizing their growth opportunities from the
\ndigital economy. To help companies access customers in new countries, ESG has
\nalso been working with Amazon to onboard Singapore sellers to Amazon as a
\nchannel for international sales, such as in the US, Canada, and India. Support
\nis available for Singapore companies that are looking to expand to these countries,”
\nsaid Minister for Trade and Industry, Mr
\nChan Chun Sing.<\/b>\u00a0 <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nbusinesses are an essential part of Amazon’s DNA. Through the Amazon Southeast
\nAsia Online Seller Summit 2021, we aim to enable more local sellers to reach a
\nglobal audience through our 20 stores worldwide. Whether they are just getting
\nstarted or are an experienced seller, Amazon’s comprehensive programs and
\nnetwork will help SMBs overcome operational challenges to maximize growth opportunities
\nglobally,” said Henry Low, Country Manager, Amazon Singapore<\/b>. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nSoutheast Asia Online Seller Summit, being held today and tomorrow, has drawn over 3,000 participants who are
\ninterested to understand how they can sell with Amazon, scale their businesses,
\nand seize cross-border opportunities. Guest-of-Honour, Minister for Trade and
\nIndustry, Mr Chan Chun Sing, leaders of Amazon Singapore, industry experts, and
\nlocal business owners selling on Amazon.sg came together on Day 1 to discuss
\nlocal and regional retail trends and offer insights on how SMBs can ‘Start
\nLocal, Go Global’ with Amazon. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nsellers to exchange best practices <\/b><\/p>\n
\n
<\/p>\n
\npart of the Summit, Amazon hosted a panel of SMB founders to share experiences
\nof growing their business online and their journey with Amazon. Through the
\nsupport of Amazon’s global network and its logistics and inventory solutions
\nsuch as Fulfilment by Amazon (FBA), each of them has expanded to serve
\ncustomers globally — all from the comfort and safety of their homes. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nI started Rui Smiths in 2014, selecting Amazon as the e-commerce store for my
\nbusiness was a no brainer. Amazon has been offering an unparalleled service that
\nperfectly fits my needs, since my initial days as a new business owner,
\nallowing me to expand internationally from the get-go. In just 4 years, with
\nAmazon, we had hit S$200,000 in sales and were already selling in the US, UK,
\nand Australia,” said Debbie Cai, founder, Rui Smiths<\/b>. “I hope the
\ninsights and resources shared at the Summit will help many local sellers like
\nmyself grow their business not only in Singapore but also beyond shores for
\ncustomers everywhere.”<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nresources for sellers in Singapore to unleash and maximize global growth
\nopportunities <\/b><\/p>\n
\n
<\/p>\n
\ndate, Amazon has provided support to thousands of SMBs keen to sell online with
\nAmazon.sg and its stores globally and continues to help many of them go digital
\nand build thriving businesses. To shine the spotlight on more local retailers,
\nAmazon continues to promote a dedicated “Shop Local” storefront on Amazon.sg<\/span><\/a>, featuring
\nlocal brands’ founding stories and a plethora of products in categories such as
\nhome and home improvement, electronics, kitchen and dining, health and personal
\ncare, toys and games, groceries and more. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nresources introduced include the Amazon Seller App for local sellers with
\naccounts on Amazon.sg to track sales and manage their business via mobile, the
\nMarketplace Appstore, a one-stop shop to discover third-party applications and
\nservices for automating tedious business aspects, and the Seller Forum, a
\nresource for first-hand advice from fellow business owners on selling with
\nAmazon. Sellers can also join the ![](\"https:\/\/www.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-facebook-1-24.png\"\/)
Sell on
\nAmazon Singapore Facebook page<\/span><\/a> to connect with the community of
\nsellers on Amazon.sg.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\ninitiatives are furthered by Amazon.sg’s ongoing collaboration with Infocomm
\nMedia Development Authority (IMDA) for the Digital Resilience Bonus, offering eligible
\nSMBs a bonus of up to S$2,500 for selling on e-commerce channels like Amazon.
\nThe bonus is available to eligible local retailers until 30 June 2021. \u00a0<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nthe millions of small and medium-sized businesses growing with\u00a0Amazon,
\nvisit:\u00a0aboutamazon.com\/supporting-small-businesses<\/a>.\u00a0More information about selling
\non Amazon can be found here: https:\/\/www.amazon.sg\/sell<\/a>. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nAssistance (MRA) Scheme<\/u><\/b>
\n
<\/p>\n
\n
<\/p>\n
\nselling on Amazon.sg may receive an international boost through Enterprise
\nSingapore’s Market Readiness Assistance (MRA) scheme to partially offset the
\ncosts of scaling their business overseas to new countries. Those eligible will
\nreceive the following support:<\/p>\n
\n
<\/p>\n\n
\nper company per new country* from 1 April 2020 to 31 March 2023, that covers:<\/li>\n<\/ul>\n
\n
<\/p>\n
\nPromotion (capped at S$20,000)<\/p>\n
\n
<\/p>\n
\nBusiness Development (capped at S$50,000)<\/p>\n
\n
<\/p>\n
\nSet-up (capped at S$30,000)<\/p>\n
\n
<\/p>\n\n
\nsingle overseas country (e.g. participation in a trade fair)<\/li>\n<\/ul>\n
\n
<\/p>\n
\n
<\/p>\n
\nbe eligible, companies should meet the following criteria:<\/p>\n
\n
<\/p>\n\n
\nSingapore<\/li>\n
\ncountry whereby the applicant has not exceeded S$100,000 in overseas sales in
\neach of the last three preceding years<\/li>\n
\nS$100 million; OR Company’s Group Employment Size of not more than 200
\nemployees<\/li>\n<\/ul>\n
\n
<\/p>\n
\n
<\/p>\n
\neffect from 1 April 2020, a new country refers to a target overseas country
\nwhereby the applicant company has not exceeded S$100,000 in overseas sales in
\neach of the last three preceding years.<\/i> The maximum support level is raised from 70% to 80% from 1 November 2020
\nto 30 September 2021.<\/i><\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nand eligible SMBs selling on Amazon.sg can apply for the Market Readiness
\nAssistance (MRA) scheme via Enterprise Singapore’s website here<\/span><\/a>. SMBs can also approach Enterprise
\nSingapore<\/span><\/a> and Amazon for advisory support to develop their
\ninternationalisation business plans. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nfurther equip Singapore SMBs with the capabilities to sell overseas via Amazon,
\nEnterprise Singapore is in active discussions with Amazon on new training
\nprogrammes which include listing optimisation, customer service, and
\ninternational demand generation. More details will be announced later this
\nyear.<\/p>\n<\/p><\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"