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How much money does it take to start Amazon?

As of January 30, 2020, the cost for newcomers to do cross-border e-commerce is between 30,000 and 40,000 yuan.

Advertising, payment testing, inventory losses, returns and exchanges add up to 20% of the cost. The most important thing is the capital turnover rate, which is how long it takes to sell a batch of goods. The faster the capital turnover rate, the higher the capital turnover rate. The faster, the more efficient the use of funds will be. This is something mature operators can control.

The investment in cross-border e-commerce depends on personal circumstances, but for new foreign trade personnel, the capital reserve investment should be 30,000 to 40,000 yuan. At present, the main investment in cross-border e-commerce entrepreneurship lies in selecting good sources of goods, forming a small team, and the cost of store operation and promotion (through-train promotion, SNS promotion, Google promotion, etc.).

Extended information:

The activity of cross-border e-commerce is closely related to the progress of the times. Someone summarized the factors behind it, such as technological progress, which allows market entities to obtain rich and symmetrical supply and demand information at almost zero cost; industrial support, thousands of small and medium-sized enterprises share the dividends of economic globalization, and directly, equally and deeply participate in trade; Consumption upgrades lead to stronger purchasing power and higher quality of life.

"E-commerce" has gradually reduced the physical distance of "cross-border" to zero, while the number of consumers and types of goods are increasing exponentially. It is estimated that by 2020, the number of cross-border online shopping users in China will reach 200 million, and the number of global users will reach 900 million.

Know "where the goods come from" and "how the goods come from". When global goods are placed in standard boxes "like a tinplate can", a highly automated, low-cost, and low-complexity cargo transportation system carrying a variety of items is opening the door to the world market.

If the "container invention" supported bulk trade, then the "logistics revolution" is supporting cross-border e-commerce featuring small express delivery. Statistics show that China’s express delivery volume reached 40 billion pieces in 2017, accounting for more than 40% of the global total. Compared with traditional trade, which has to go through a "chain process" of manufacturers, exporters, importers, distributors, wholesalers, and retailers, cross-border e-commerce breaks the monopoly of channels and uses flat circulation to maximize the benefits for consumers. beneficial.

People's Daily Online - People's Daily News: Cross-border e-commerce, outpacing the acceleration of the times