First Georgian who started business on Amazon
11 January, 2018
First Georgian who started business on Amazon
Many people around the world think that only large companies have the opportunity to sell products via Amazon. This erroneous opinion will be changed when you get acquainted to the program called Amazon FBA, which gives the opportunity to any minor company to produce and sell its own products via this popular retailer. Amazon will receive the product, warehouse it, send it to the buyer and ensure the communication with problematic customers as well.

Levan Molashvili is the first Georgian
who has already started business with the Amazon FBA program. By cooperation with the investment company Kedari Ventures Levan has recently created his own enterprise called Amazon Export Hub, which will enable those interested to get involved in the program and will provide any help.
"I learned about this program from Ukrainians after the national currency rate dropped in the former CIS countries. Amazon FBA is a good way to generate money in American currency", - Levan Molashvili, a co-founder of Amazon Export Hub explains.
geotv.ge
Tell us about the Amazon FBA program. How is it different from the traditional sales at "Amazon" and what are its advantages?

The project "Amazon FBA" allows anyone interested in e-commerce and the sale of the products on the global market, to study the business and deal with the most successful trading platform.

Involvement in the program is easy because anyone can send a minimum amount of products to Amazon, which means that a small amount of money is required for investment. Additionally, warehousing and storing a product at Amazon costs only $40 per month, which makes the process very beneficial and affordable.

It should be especially attractive for citizens of Georgia to earn income in the American currency, which leaves a high margin of profit after conversion into Georgian currency.

Is Georgia actively involved in the Amazon FBA program?

Unfortunately, Georgia is very little involved in this process, while the citizens of our neighboring countries have been actively involved in the program and are looking for solid profits. I have to say that the huge potential of Amazon's market is not used in Georgia due to the lack of information and technical knowledge. As far as I know, a small number of Georgians who participate in this program live and work abroad, so they are unable to share their knowledge with other Georgian citizens. In short, we can say that Georgia and in general the Caucasus region is practically absolutely not involved in this process.
geotv.ge
You are the first Georgian who participated in the Amazon FBA program. Tell us about this process.

It happened a few months ago: I underwent some training courses in Ukraine, with a team of professionals, studied the case from a theoretical as well as practical point of view and then, after returning to Georgia, I made my first project: I sent handmade artifacts, which did not really require much effort, but was quite expensive at Amazon. The first product that we sold on Amazon was clay items that we have prepared in Georgia for 1 lari and we sold it for $ 12,59. Then the wood products were added and they were also quite successful.

After the first success, you have created an Amazon Export Hub. In what direction does your company work?

After successfully sending some products on Amazon, I am ready to share my knowledge and experience with Georgian citizens. To do this, we set up the company Amazon Export Hub. Emphasis will be made on 3 directions. First of all it is teaching. The course includes the practical implementation of the registration process, market analysis, logistics and support for the system and, in addition, taking the first positions in the warehouse controlling and advertisements ("listing"). We also offer intermediary consulting services for the people who do not pass the courses but are willing to sell their products on Amazon.
geotv.ge
The company is newly established and we plan to start the first course in January. We want the public to know that this is a real opportunity for Georgian citizens to receive a substantial income with minimal investment.

Fill in the Amazon Export Hub Training Registration Form link. The training will start on January 22 and will last for 4 days.

Related stories:

How much Georgian products cost on Amazon

Georgian entrepreneur on his smoothie business success at BBC

Person – New Georgian clothing brand hits the market
Print
Other Stories
Wind and solar energy in Georgian households: Are they becoming more popular?
Small and relatively large solar and wind plants have been set up in Georgia
Unprecedented growth of tourism continues in Georgia
In 2017, 7,554,936 international travelers visited Georgia, which is 1,194,433 more compared to the same period of the previous year
New fast loan in Georgia – more flexible and more comfortable Kimbi
Fast loanor Popular name in Georgia Sesxebi is available in many financial organizations,
Anaklia Deep Sea Port construction begins
The construction works for the Anaklia Deep Sea Port have been launched.
The most exciting market of Georgian startups held in Tbilisi
Startup Market EXPO is a grand exhibition enabling a number of Georgian startupers
Residential complex Green Diamond – the best New Year present with 20% discount.
Along with other pleasant news, the New Year is associated with discounts as well.
The Third Official Ceremony of the Welcome to Georgia! National Tourism Awards
On December 6th, 2017 the Third Official Ceremony of the Welcome to Georgia! National Tourism Awards was held
Residential complex Green Diamond – the best New Year present with 20% discount
Along with other pleasant news, the New Year is associated with discounts as well.
Mome.ge - Compare and choose the best
The technological progress of the 21st century offered a lot of opportunities to the people of the same century.
"We have launched new reform package to create  more favourable business environment" - Georgian PM at Tbilisi Silk Road Forum
Tbilisi Silk Road Forum was opened yesterday. The forum was held under the patronage of Prime Minister of Georgia Giorgi Kvirikashvili.
We are signing important agreement with China – Economic Minister
The second Silk Road Forum continues in Tbilisi, giving opportunity to the participants to establish cooperation and sign various deals.
It will be great honor for Georgia to contribute to deepening links among continents – Georgian PM
It will be great honor and possibility for Georgia to contribute to deepening links among the continents,
2000 delegates from over 60 countries to take part in Tbilisi Silk Road Forum
The second Tbilisi Silk Road Forum will be held in Tbilisi on November 28-29, which will be attended by up to 2000 delegates from over 60 countries.
Dollar price equals 2.7062 GEL
The dollar official price has become 2.7062 GEL. The National Bank of Georgia has set a new exchange rate.
The Third Official Ceremony of the Welcome to Georgia! National Tourism Awards
270 different companies representing tourism and hospitality market from all over Georgia
Georgia: Cradle of Beer?!
Georgia: Cradle of Beer?!
Georgia being a cradle of wine is already old news,
Calvin Klein store to open in Tbilisi on December 1, 2017
One of the world's leading brands, Calvin Klein, hits Georgian market.
Marriott Global Customer Appreciation Annual event at Tbilisi Marriott Hotel
Marriott Customer Appreciation Annual Event took place at Tbilisi Marriott Parnassus Café & Lounge on November 17.
Grand cheese tasting in Tbilisi – Organic products from 50 producers
Cheese Festival is taking place at Tbilisi’s Roses Square until 5 pm today.
Georgian mobile cottages to appear on the market in 1 month
New Georgian brand of mobile cottages Kote.ge, which can be assembled in 25 minutes, will appear on the market from November 30.
The grand opening of H&M on November 18 in Tbilisi
On November 18, at 12.00PM, the first official shop of the international Swedish company H&M will be opened in Tbilisi.
EU Statement on opening of the Baku-Tbilisi-Kars railway
The opening of the BAKU-TBILISI-KARS railway is a major step in transport interconnections
Georgian ranked 9 in Europe and Central Asia by ease of doing business
Doing Business 2018: Reforming to Create Jobs ranks Georgia on 9th place among world's 190 countries, highest in Europe and Central Asia.
The shortest route between Europe and Asia running through Tbilisi opens
The shortest and most reliable link between Europe and Asia running through Tbilisi, Georgia has opened.
New Georgian-Swiss farm to be established in Racha
Georgia’s highland region of Racha that is oftened compared to Switzerland due to its landscape and beauty will become home to yet another Georgian-Swiss farm.
PHOTO OF THE DAY
GEL Exchange Rate
Convertor
20.01.2018
21.01.2018
USD
1
USD
2.5429
2.5429
EUR
1
EUR
3.1082
3.1082
GBP
1
GBP
3.5214
3.5214
RUB
100
RUB
4.4825
4.4825
Other Stories
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
Some of Georgia’s commercial banks are already buying at 2 GEL per $1. Their webpages are publishing information regarding national currency’s exchange rate in real-time mode.
GEL Exchange
USD
1
USD
2.5429
EUR
1
EUR
3.1082
GBP
1
GBP
3.5214
RUB
100
RUB
4.4825
January 2018
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31