International trade is bigger than ever. Whether you sell books, business equipment or bagpipes, your customers can just as easily be in New Delhi as in Detroit, since B2B and B2C cross-border ecommerce are flourishing. But tracking the landed cost-related losses is difficult, and it is certainly in the billions of dollars per year worldwide. Here’s how you can solve that dilemma.
Why aren’t more merchants looking to become cross-border ecommerce sellers? Melissa O’Malley, Director, Global Merchant and Cross-Border Trade Initiatives at PayPal, says many merchants are overwhelmed about where to start. In this Q&A with Multichannel Merchant, O’Malley, who is a keynote speaker at Multichannel Merchant’s Growing Global 2016, discusses some of the common mistakes ecommerce merchants make when they start their cross-border journey, how technology has made it easier for merchants to go cross-border, and where she sees cross-border ecommerce going in five years.
After investing heavily in an international team, online home goods and decor retailer Wayfair announced it will broaden its global reach to include Canada and Western Europe. While there are still many pieces to tie together, Wayfair is moving full steam ahead with its global initiatives, see what those initiatives are and what they will mean for the brand.
This year, retailers are putting a stake in the ground by creating continuous shopping experiences, whether the checkout lane is a couch or store aisle. Here are four trends retailers should look out for in 2016.
UPS took a big leap this week by investing in crowdsourced startup Deliv, getting a seat on its board and a front-row seat on its operating model. Stay tuned to see how the carrier is able to leverage this relationship to better understand and take advantage of the burgeoning sector of the on-demand economy.
Consumers in the Middle East love to shop, and shoppers in countries such as Saudi Arabia, United Arab Emirates, and Egypt have shown a penchant for ecommerce shopping. Iyad Kamal, COO of global logistics and transportation solutions provider Aramex, explains why customers in the Middle East are willing to wait 3 to 4 days for slower shipping from the U.S.
Former Borderfree executives Michael DeSimone and Kris Green have taken on leadership roles at iguama, a Latin American online cross-border mall featuring popular U.S. brands and products. Read why DeSimone and Green are high on the start-up marketplace, and the Latin America market.
Visa Inc., has announced that its Visa Checkout will be further expanding its availability to several more countries, see which countries have made the cut and what this will mean for global merchants and customers.
Catchpoint Systems has announced the addition of over 50 monitoring nodes in the last quarter, bringing its total to more than 500 worldwide. This expansion of new monitoring locations focuses on China, where the company has already invested heavily, as well as Africa and Iran.
New research from PayPal and Ipsos identifies cross-border shopping habits among millennials (18-34) in 29 countries. These insights provide merchants with valuable guidance to expand international sales among the millennial … Continue Reading →