Amazon will soon add Pakistan to its seller’s list
Imran calls it another step towards an economic corridor
Exports will take place now
through the online window
ISLAMABAD: A new door for e-commerce has to open for
Pakistan as the e-commerce world's largest platform Amazon decided officially
to include the country into their list of the seller in the coming day's news
from the advisor of Prime Minister of Pakistan on Commerce Razak Dawood
announced on Thursday.
The addition of Pakistan to
Amazon will create a big market opportunity for exporters to send their products
worldwide. This platform will meet Amazon 3 P model through the brand's owner
would earn. Where a third-party relationship retailer can sell its products directly
to the end users through e-commerce). 1 P model denotes to mass producers (
market works as a retailer, while brand works as wholesale supplier). Whom do you
want to sell? Who is keen among you to produce Amazon-based products item?
Several Pakistani companies
have already engaged with this platform whose offices are located from foreign
countries. The country to be a part of itself in seller’s list will invite to
both small enterprises (SME’s) and medium enterprises (ME’s) to get the opportunity
and provide services.
This platform will create
opportunities for many more businesses to come and the buyers once will able from
the globe to buy Pakistani products as Amazon will connect to SME’s and ME’s.
Once the decision executes,
Amazon will open the registration process for Pakistani companies. Amazon
annually turnover about $300-400 billion of sales. China and Indian are two
giant markets that use this platform for selling their domestic goods and
services worldwide.
Amazon is consumers oriented
platform where customers’ reviews and level of satisfaction would be the top
priority.
The forms of businesses ‘business
to business (B2B) and business to consumer (B2C)’ while consumers cross-border
e-commerce will be a new form of business that has to be popular now in
Pakistan.
Pakistan mostly exports its
products of textiles, sports, leather, and surgical goods on Amazon. Thus, Pakistan
was not a part of Amazon sellers list, but now it would. Before this decision,
Pakistan gets registered itself from other foreign countries or they used to
export Amazon’s products only.
Sources tell the official matter
for registration came to an end with the untired efforts of the commerce ministry
ad Pakistani mission they had in Washington and Lose Angeles.
Commerce advisor yesterday
happily tweets: We have finally made it. Amazon will be adding Pakistan to its
sellers list within a few days. We have been engaged with Amazon since last
year and now it's happening.
Three format youth, SME’s and
women who are entrepreneurs can play a major role to get this opportunity. Such
a huge milestone if completed then its regard goes to a lot of people around
the globe.
Pakistani SMEs, youth, and women can create their IDs by providing Pakistani details and details of the bank. This time they should chase now to connect themselves with the global market.
India as a whole is a little contributor
to Amazon, but now has become to raise a big figure of amount worth more than
$2bn. About 100,000 sellers have registered on Amazon till now.
Worlds biggest worth of online
market such as Amazon's to be world no.1 market because of only COVID-19
pandemic. Online shopping has become a need of the people.
To scale up their businesses
and to develop partnerships is possible now for the commerce industry, private sector
logistics companies. Our Pak Post office is looking forward to avail this opportunity
for itself to delivers its products worldwide.
The brand who was limited to
some countries can now provide its services globally like clothing brands,
textile, and sports goods. Those who are in marketing services can make their
best images on Amazon.
Ministry of commerce shared
last year in June a list of consisting 38 exports with Amazon to promote
trade with and to open the doors of a new market for Pakistani exporters.
Meanwhile, Prime Minister as
usual did welcome another era of development. In a tweet, he said: “A great development as Amazon has
finally approved that our sellers can export their goods through their system.
Amazon starting operations in Pak will open opportunities for our youth as it
will enable a new breed of young men & women entrepreneurs to join the
export market.”
