How much does it cost to invest in Amazon's no-source model? What ERP should be used?

It is not only Taobao, Pinduoduo and other domestic e-commerce platforms that can open a store without a source of goods. In fact, on cross-border e-commerce platforms such as Amazon, you can also open a store without a source of goods, and this model has lower costs and less risks. So, how much does it cost for us to open a store in this model?

1. How much does it cost to invest in Amazon's no-source model?

When adopting the Amazon no-source model, the most important investment is the cost of the ERP system and the cost of order advance payment.

Since we are going to adopt the Amazon no-source model, an ERP system is definitely needed. Generally speaking, the cost ranges from several thousand to tens of thousands of yuan. You can choose according to your own situation. If you advance payment for orders, the payment cycle will take about 45 days. This cost depends on our order volume.

In addition to these two, there are other expenses as follows:

1. Initial costs: investment in hardware equipment such as computers and network cables.

Store registration: Amazon store registration requires a business license. Before applying for a business license, generally only 100-300 yuan is charged for the cost. If you find a company agent, you will be charged 1,000-2,000 yuan. The specific charging standards are subject to the local Industrial and Commercial Bureau. Store registration itself does not require any fees, but at present, the pass rate of individual registration is extremely low. Even if you pass by chance, it is very easy to cause a later review, and the pass rate of the review is even lower. Try to use company registration. If you want to hire an accounting company as an agent for accounting, it may cost about 150-200 per month.

2. Store Monthly Rent: Different sites have different monthly store rents. The North American site is $39.99, the European site is £25, the Japanese site is 4900 yen, and the Australian site is 49.95 Australian dollars. The remaining 3 locations in India, Singapore, and the Middle East will be temporarily free in 2020. The store is rented monthly.

3. Virtual server: Virtual servers are used to prevent stored IP association. Later, when you go out for a trip or change your IP, you only need to log in through the virtual server, and there will be no problem, and it is convenient to carry. For newly registered stores, do not connect to the server immediately. It will be fine to use them after the store has been stable for a period of time. The price of virtual servers ranges from dozens to hundreds.

2. What ERP is used in the no-source model?

You can use Mijingtong Mijingtong Amazon Passive Store Group ERP.

This is an ERP system that specializes in cross-border e-commerce. It has modern procurement, dynamic warehouse management, detailed statistical reports, and the very important efficient publishing function. If you don't understand English, you don't have to worry about operations, logistics, etc.

Under Amazon's no-source store model, the required investment cost is lower, and the cost of stocking and logistics can be saved. However, we also need to add the cost of an ERP software. The cost of this software is not fixed. You can choose a low-cost and easy-to-use software.