INTRODUCING DUTYFREEAMAZON.COM THE NEW GLOBAL MARKET PLACE FOR DUTY FREE SHOPPERS
Laredo -Texas january 7, 2018
The Duty Free Travel Retail is a global industry that encompasses the sale of goods to international travelers. Duty free shops are exempt from the payment of certain local or national taxes and duties, normally with the requirement that the goods are only sold to travelers who will take them out of the country. DutyFreeAmazon.com expect to showcase 50 million products by the end of 2018.
Statistic shows that the global duty free and travel retail dollar sales in 2017 was 75 billion U.S dollars and provides a forecast until 2025. By 2020, duty free and retail sales are expected to reach about 125 billion U.S. dollars. With around 40 percent of the market, Asia-Pacific held the largest share of travel retail sales in 2017. DutyFreeAmazon.com pledges to tap into the millions of people travelling every year
DutyFreeAmazon.com aims to build a “cyber Silk Road” and serve up to 1 billion people from overseas, The Belt and Road Initiative, which aims to strengthen infrastructure, economic and trade ties in the Eurasian , Oceania, American, European and Africa region, will lend DutyFreeAmazon.com new momentum to grow its customer base tenfold in less than five years.
The company now has separate websites for a variety of markets, including: United States, Canada, United Kingdom, Italy, Mexico, and China among others.
DutyFreeAmazon.com wants big luxury brands and other brands to bypass traditional duty free shops and list all their products on DutyFreeAmazon.com, which is impossible to achieve in brick and mortars duty free shops due to space restrictions.
DutyFreeAmazon.com is looking to upend relationships between brands and duty free brick-and-mortar stores that for decades have determined how popular products are designed, packaged and sold. If DutyFreeAmazon.com succeeds, big brands will think less about creating products that stand out in a duty shop aisle. Instead, they’ll focus on listing all their products that can be shipped quickly to customer’s doorsteps.
“Times are changing,” DutyFreeAmazon.com says in an invitation obtained by Wenews.info. “DutyFreeAmazon.com strongly believes that supply chains designed to serve the direct-to-consumer duty free business have the power to bring improved customer experiences and global efficiency. To achieve this requires a major shift in thinking.”
Persuading prestigious brands to list all their products for the online world would make it easier for DutyFreeAmazon.com to ship luxury goods to urban dwellers in less than 1 day, potentially making last-minute dashes to the duty free store obsolete. DutyFreeAmazon.com must convince brands that even though online purchases represent a small part of their sales, e-commerce is the future.
DutyFreeAmazon.com is looking to influence product makers the same way Duty Free Shops and other border shops convinced brands more than 20 years ago to create special sizes sold at a duty free discount.
Despite the long relationships between brands and traditional stores, DutyFreeAmazon.com has leverage to convince manufacturers to rethink their operations. DutyFreeAmazon.com has potentially 5 billion shoppers worldwide and can require vendors to list all their products on DutyFreeAmazon.com web site(s) and allow big brands to list their entire catalogue. Duty Free Shops offers limited space and cannot display all the brands or SKU’s from their vendors, this situation is limiting sales expansion in brick and mortars duty free shops.
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