Brexit implications for your business on Amazon | Global E-Commerce Experts - Compliance Corner
E-Commerce Expander Secrets
Andy Hooper
5 • 9 Ratings
🗓️ 17 July 2020
⏱️ 7 minutes
🧾️ Download transcript
Summary
While we announced that these Content Corners would cover Compliance and E-Commerce on a twice a week basis giving you more information helping your Amazon business' thrive - we felt today we just had to get this urgent update out to you so you can start taking action right away.
No doubt you already saw the email from Amazon earlier in the week that talked about what implications Brexit is going to have on your business on Amazon...
As of January 1st when Brexit is set to happen the UK will officially no longer be included in the European Fulfillment network or the Pan EU programme.
Listen to hear Andy Hooper go over what exactly that means for you, and what do you need to do before then to ensure you are protected against the upcoming changes!
Transcript
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| 0:00.0 | Good afternoon everyone. Welcome to the next edition of one of our content corners. |
| 0:05.0 | Thank you very much for joining me. I hope you have an amazing day. |
| 0:09.0 | And what I wanted to touch on today is Brexit, PANIU, regulations. |
| 0:14.0 | Now there was an email that came out from Amazon just a couple of days ago on Tuesday, the 14th of July. |
| 0:20.0 | I want to just reference this specific |
| 0:22.4 | email so that you can go and find that email and you can see what I'm talking about because it |
| 0:27.7 | came out from Amazon on Tuesday and the title was Brexit update and implications for your |
| 0:34.2 | business on Amazon. Now I think there's some things to say here around Brexit. |
| 0:40.3 | Brexit is an ever-changing environment. |
| 0:43.3 | We technically left the EU at the beginning of this year, |
| 0:47.3 | and we should be finally leaving at the end of this year. |
| 0:51.3 | With everything that's happened in the world with COVID, what actually happens with |
| 0:55.5 | Brexit at the end of this year, we don't know. But there are some things that you need to take |
| 1:00.5 | into consideration today in order to make yourself as compliant and to make sure that you are |
| 1:07.2 | ready in case certain things happen. All right. Now the first thing to talk about is |
| 1:13.1 | the European fulfillment network. Many of our sellers like you possibly work started on the |
| 1:20.0 | European fulfillment network. What that basically means is you shipped your products into the UK or |
| 1:24.6 | Germany, just one country and then you ship from there to the other countries. |
| 1:29.3 | Now if you're on the European fulfilment network and you're shipping from the UK, |
| 1:34.3 | but after the end of this year, the UK will no longer be in Europe. |
| 1:38.3 | So the European fulfilment network won't be working from the UK going across folder as it stands potentially. |
| 1:46.6 | Now there are a whole lot of things that could happen and some things that might happen will |
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