08/02/2023
Have you already considered expanding to ? 🤔 It seems like it’s going to be a growing trend for US sellers…
U.S.-based sellers are looking at overseas expansion as one of their primary focus areas this year, with the and Germany being two of the largest markets for Amazon's marketplace.
This is due to their relative stability, cultural demographic and rising per capita income, as well as their size and reliability, making them a big draw for sellers as they navigate unpredictable economic times.
The German economy is expected to expand by 0.2% this year, making it a good base for brands to expand into Europe, making it cheaper and more convenient to ship to markets like Italy, Sweden and Denmark.
Agency heads say that clients are being more in diversifying to other countries in order to better protect their businesses from global factors like the Ukraine war, the energy crisis and rising inflation.
Germany also has a culture of acceptance, and the people there seem to be more open to try things. Germany is centrally located in the European Economic Area, making it easy for brands to expand there 👇
Some U.S.-based Amazon sellers are looking at expansion into Europe as one of their primary focus areas this year.