Amazon India – TOH https://thetimesofhindustan.com Mon, 24 Jun 2024 06:31:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://thetimesofhindustan.com/wp-content/uploads/2023/10/cropped-android-chrome-512x512-1-32x32.png Amazon India – TOH https://thetimesofhindustan.com 32 32 UP Sellers Eye Amazon Global Selling for Expansion https://thetimesofhindustan.com/up-sellers-eye-amazon-global-selling-for-expansion/ https://thetimesofhindustan.com/up-sellers-eye-amazon-global-selling-for-expansion/#respond Mon, 24 Jun 2024 06:31:26 +0000 https://thetimesofhindustan.com/?p=3875 Lucknow: Over 300 aspiring small and mid-sized attended the Amazon’s Export Haat 2024 in Lucknow, eager to understand how they can expand their product reach to international markets. Set up as part of the company’s Global Selling Program, which has facilitated over $8 billion cumulative ecommerce exports from India, the one-day exclusive event is dedicated to educating businesses and sellers on expanding their businesses globally. This is for the first time such a focused event for export through ecommerce is being organized in the city.

Since its inception in 2015, Amazon Global Selling has registered more than 125,000 exporters. The program connects Indian businesses with over 200 countries and territories, democratizing global commerce by providing businesses of all sizes with the opportunity to establish a strong international presence. Supported by India’s robust economy, which is projected to grow at 6%–6.8% in 2023-24[1], the initiative aligns with the Government of India’s export targets, including $2 trillion[2] in overall exports and $200–300 billion[3] in e-commerce exports by 2030.

Despite these opportunities, many SMEs face challenges in cross-border e-commerce, including navigating regulations and accessing global markets. Recognizing this need, Amazon India organized ‘Export Haat 2024: The Lucknow Edition’ to provide essential knowledge and skills for e-commerce entrepreneurs and aspiring exporters in Uttar Pradesh. Over 300 aspiring sellers were educated by Amazon experts alongside industry experts, who provided valuable insights into e-commerce exports opportunity, assistance with on-spot registration and compliance.

Madhavi Jain, Founder, Digi Solution, said“Exporting through Amazon offers significant advantages for businesses looking to reach international customers directly. The Global Selling Program simplifies the complexities of international trade, addressing compliance and payment issues effectively. By focusing on B2C exports, Amazon enables sellers to connect with a global customer base, providing unparalleled opportunities for growth. Embracing this model can help us overcome traditional barriers and expand our reach exponentially, making it an ideal starting point for our export journey.

Amazon Global Selling Program, that offers tools and solutions for cross-border trade, provides end-to-end guidance on export registration, product, tax, and shipping documentation, and payment reconciliation through the Export Compliance Dashboard. Sellers can choose between the Merchant Fulfilled Network (MFN) or Fulfillment by Amazon (FBA) for logistics, benefiting from Amazon’s global fulfillment centers and customer service management.

Additionally, Amazon supports sellers with a network of third-party service providers who assist with registration, management, and global expansion, simplifying market entry. Amazon’s marketing tools enhance brand visibility, empowering MSMEs to diversify their markets and reduce reliance on local sales channels. This initiative has driven substantial business growth, with over 1200 Indian exporters achieving more than $120,000 (INR 1 crore) in sales in 2022.

Ankita Kishore, CEO & Director, YOTRIBE, said,Being at Amazon Export Haat 2024 has been incredibly insightful. We’re looking to overcome the challenges of scaling our operations and reaching new markets. Amazon’s resources, especially their logistics and global reach seem like the perfect solution to help us grow sustainably. This event has given us a clearer understanding of how we can connect with customers worldwide and expand our business effectively.”

Vibhu Dixit, A.V Groups, said, “The shift in business practices post-COVID has prompted us to diversify our product line and explore B2C marketplaces. Amazon, with its extensive reach and well-structured platform, is an excellent option for this transition. Attending this event provided us with much-needed clarity and the opportunity to register on the spot. The support and guidance offered by Amazon are invaluable as we move from traditional to modern business models.”

While the government works to streamline the export process, e-commerce platforms like Amazon are empowering Indian MSMEs and startups to expand globally. The synergy between government initiatives, opportunities created by e-commerce companies, and the rising global demand for ‘Made in India’ products can help realize the vision of a $5 trillion economy, highlighting the tremendous potential of India’s MSMEs and small entrepreneurs.

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realme GT 6T revealed as the Top Performer, aims to make a breakthrough in the mid-high segment with its Top Performing Trio https://thetimesofhindustan.com/realme-gt-6t-breaking-barriers-in-mid-high-segment/ https://thetimesofhindustan.com/realme-gt-6t-breaking-barriers-in-mid-high-segment/#respond Wed, 15 May 2024 14:25:32 +0000 https://thetimesofhindustan.com/?p=3295 Lucknow: Realme, recognized as the most reliable smartphone service provider, has announced the launch of its highly anticipated device, the all-new GT 6T, in India on May 22nd. Positioned as a top performer in its segment, the realme GT 6T is set to transform the user experience by delivering unmatched performance, making it an ideal choice for consumers seeking flagship-level features in a mid-high-end smartphone.

The GT Series has consistently represented realme’s technological prowess, with “GT” being synonymous with powerful performance, superior design, and a premium experience. The GT 6T continues this tradition, demonstrating realme’s capability to produce cutting-edge devices that surpass customer expectations.

The realme GT 6T, India’s first smartphone to feature the state-of-the-art Snapdragon® 7+ Gen 3 chipset, sets new standards with its bold design and outstanding performance. With an impressive Antutu benchmark score of over 1.5M, the GT 6T enables users to create, explore, and stay seamlessly connected. Its unique premium Nano Design and nano-level mirror coating technology enhance the display’s texture, brightness, and saturation, resulting in a smooth, radiant surface with industry-leading reflectivity.

In a groundbreaking move, the realme GT 6T will be available exclusively on Amazon, in addition to realme’s own website and offline stores. This collaboration with Amazon marks a significant milestone for the GT series, being the first time a device from this lineup is sold on the e-commerce platform. This strategic partnership aims to provide consumers with greater access to the highly anticipated GT 6T, further solidifying realme’s position as a key market player.

Ranjit Babu, Director, Wireless and Home Entertainment, Amazon India, said, “At Amazon.in, we are always looking for new ways to delight our customers with the latest and greatest products. The launch of the realme GT 6T is a testament to our continued efforts to bring our customers access to innovative and high-quality smartphones. Through our vast selection and seamless shopping experience, we’re confident that this latest offering from realme will resonate strongly with Indian consumers in the mid-high end segment. We congratulate the entire team at realme for  the new launch and for choosing Amazon.in as a partner of choice to make the GT 6T available to shoppers across the country.”

As realme targets dominance in the mid-high segment in 2024, the brand remains steadfast in its commitment to offering customers flagship-level performance. The GT 6T exemplifies this dedication, embodying the ambition, attitude, and confidence that define realme.

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