What is Amazon Singapore? Review of Amazon Singapore

What is Amazon Singapore? Review of Amazon Singapore
On October 8, 2019, Amazon announced the launch of the Singapore site (Amazon.sg). Local consumers can purchase millions of products on Amazon Singapore through PC, mobile browser and shopping app. Opening time October 2019


Invitation Email

 

Open Category

The product categories of Amazon Singapore site include nearly one million categories, including books and audio-visual products, video games, consumer electronics, toys and mother and baby products, as well as kitchenware and home furnishings.

Delivery costs

All Singapore buyers can enjoy free home delivery within 2-3 days for orders over 40 SGD (about 29 USD). To speed up delivery, buyers can choose to pay 2.99 SGD (about 2.2 USD) for one-day delivery. Buyers who sign up for Prime can choose local free one-day delivery service with no minimum fee. Buyers who order products from Amazon international stores can enjoy free international delivery service as long as the order amount exceeds 60 SGD (about 43.5 USD).

Monthly rental fee

Professional selling account fees are waived until March 31, 2020. The fees associated with selling on Amazon include monthly fees, storage fees, sales commission fees, and refund management fees. From April 1 , 2020 , your monthly fee will be S$ 29.95 per month . If you use FBA to ship, storage fees and delivery fees will be incurred separately. (The billing rules are based on the size and weight of the items sold)

Important Note

Sellers must register with Brand Registry 2.0 in Singapore . Selling products on Amazon Singapore requires a Singapore trademark.

Payment settings

Payments will be made in Singapore currency. If you are an international seller, you can choose to receive payments in the currency of the country where your bank account is located by using the Amazon Currency Converter for Sellers .

Basic Information

1. Shopping method

The main traffic comes from mobile devices. Studies have shown that mobile traffic accounts for more than 70% of all e-commerce traffic in Southeast Asia.

2. Shopping needs

They mainly buy low-priced products, and cost-effectiveness and quality are their top considerations. The needs of consumers in Southeast Asian countries are different. According to survey data from the Priceza platform, fashion clothing and electronic devices are the categories that consumers are most interested in.

3. Shopping time

It is usually highest between 9 am and 5 pm, and in some countries the peak hours occur in the evening.

4. Payment Methods

Payment is mainly made by bank cards, and the usage rate of credit cards is currently relatively low, but this does not affect local consumers' online shopping.

5. Delivery speed

Southeast Asia is relatively close to China, so more time can be gained in shipping, and the delivery speed advantage is huge (such as Singapore).

References

  • 1. Amazon's latest site is online. Is it a blue ocean or a bloody sea? : Sohu [cited on 2019-10-07T16:00:00.000Z]
  • 2. Amazon Singapore site launched to lock in $5.4 billion in new market: Yibang [cited on 2019-10-07T16:00:00.000Z]

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