What are your plans to tap into the growing global ecommerce market? This ebook walks you through the best practices for an international expansion — from determining the right “fit” in the market to navigating roadblocks you encounter along the way.
Discover just how big the international ecommerce opportunity is for your business. We’ll help you understand how to best evaluate how your brand or product will perform in a particular market.
Everyone wants the cheapest international shipping rates. Duties and taxes can make these costs unpredictable. The ability to generate a fully landed cost for cross border shipments greatly simplifies your business.
Your business will perform best in a foreign market when it’s localized to the culture, and individual needs of the consumers in any given country.
What are the latest trends and best practices that successful e-commerce shippers are using? Knowing where the industry is headed will help you better strategize and plan.
Make sure you have the right infrastructure and international supply chain workflow is an important first step before expanding your borders.
In order to assimilate into the global e-commerce market, you have to be able to offer your products in the local currency. This may sound complex, but it doesn’t have to be.
Purchasing goods online is now common for anyone with easy access to a smartphone or laptop. Amazon, Walmart, Alibaba, and other marketplace giants have made online ordering an integral part of our modern lives. In fact, an estimated 2.14 billion digital buyers are expected to buy goods and services in the global ecommerce market by 2021. This number is up 19.6% from 2018 — and the surge is only expected to continue.
Over time, purchasing power has also steadily shifted from the United States and Europe toward Asia. Chinese consumers make nearly a quarter of all retail sales online, whereas e-commerce accounts for less than 10% of retail sales in the US — making it only the second-biggest market for online sales.
Shipping internationally could help you expand your ecommerce brand and enter new customer segments. But it’s essential to first understand the overall market as a first step toward finding where your product best “fits.”Find Your Market
Customers love predictability when it comes to ecommerce. But, unfortunately, selling internationally includes a lot of inherent unpredictability. This lack of predictability can be one of the deterrents keeping smaller businesses from taking the leap into global fulfillment. Here are a few of the top concerns we’ll show you how to navigate:
Despite the complications, you can use proven best practices to smooth your company’s expansion into the global market.Get Best Practices
You don’t need to be an expert on shipping to be able to master a global expansion, but you should have a solid go-to-market strategy. Let market demand inform what countries you choose to ship to over others, make sure you localize your brand for each market segment, and aim to provide full transparency about international shipping fees to your customers by calculating total landed costs on each of your products.
Having solutions in your back pocket can help eliminate the manual processes. A shipping API is one tool you can use to automate and streamline your shipping workflow and to continue optimizing and saving on fulfillment. An API allows you to integrate shipping functionalities directly between your online store or platform, and the various shipping carriers available around the globe.Learn More