During the last few years, more online marketplaces have been emerging globally, offering retailers even more avenues to sell products, compete and expand their footprint internationally. To remain competitive in this changing landscape, there are three key considerations that U.S. retailers should take into account to help successfully optimize their international strategy and provide a positive shopping experience for consumers.
Cross-border merchants need more information on which fraud mitigation solutions are best for cross-border transactions, according to LexisNexis Risk Solutions’ 2016 True Cost of Fraud Study. But ultimately, what LexisNexis wants merchants to go back to over and over is address verification. Here’s why.
Alpha Industries has seen gains in cross-border ecommerce sales and customer satisfaction after partnering with UPS i-parcel on international fulfillment. See what issues Alpha was facing, and how they were solved through outsourcing the handling of its international transactions.
Global payments technology company BlueSnap has integrated with MasterPass by MasterCard so merchants can provide frictionless global mobile checkout. The solution aims to allow them to reach global shoppers and solve checkout abandonment issues while driving higher payment conversions.
Doba, a sourcing marketplace for global trading partners and online retailers, has been acquired by Focus Technology Co., Ltd, parent of Made-in-China.com, a leading ecommerce platform that connects global buyers with Chinese suppliers.
Following through on its commitment to providing global digital commerce solutions with a localized approach, VTEX announced the opening of offices in the US and Spain.
The Customer Service and Trust and Safety teams at DHgate.com, China’s largest B2B marketplace, have released their recommended best practices for buyers purchasing goods from cross-border ecommerce marketplaces, in order to promote a positive importing experience. Here are the steps DHgate.com recommends a buyer takes before making a cross-border purchase.
Wayfair has announced the expansion of its multi-lingual European Operations Center in Galway, Ireland. The new 30,000-square-foot facility will replace its prior one there.
Department store Hudson’s Bay and off-price shop Saks OFF 5TH expected to launch first stores in summer 2017 utilizing HBC Europe’s existing infrastructure and will utilize the same platforms such as information technology, procurement and digital support.
OIA Global, a leading logistics, packaging and material sourcing provider, announced an important Southeast Asia expansion with the opening of its new location in Chennai, India.