Australian suppliers attending Amazon’s Marketplace sellers summit in Sydney today expect the retailing giant to kick off its operations in Australia on or around 24 November in order to coincide with its annual Black Friday and Cyber Monday shopping promotions.
The Australian Financial Review reported that suppliers attending the shopping behemoth’s summit would be looking to confirm that it would start offers Down Under within the next fortnight.
The Black Friday (24 November) and Cyber Monday (27 November) shopping promotions are said to have become quite popular in Australia. They are the biggest shopping days in the US.
The report said that Amazon’s Australia country manager Rocco Braeuniger would provide details about the company’s Marketplace launch date at the summit in what would be his first public appearance.
The summit will be held at Jones Bay Wharf in partnership with the Australian Retailers Association and the SME Association of Australia.
Attendees are expected to include local retailers, Australians running established SMEs, and aspiring entrepreneurs planning to launch a start-up and use Amazon’s Marketplace to reach customers.
Amazon launched its Marketplace in 2000 and sales from sellers on the portal now make up more than 50% of sales on Amazon sites globally.
The company has said that more than 500 Australian businesses have registered to sell through its channels when the Amazon Marketplace goes live.