For retailers, cross-border ecommerce is an easy, low-cost way to enter new markets. But to take advantage of this massive opportunity you need efficient product data management solutions to ensure what you sell is useful and relevant to customers worldwide. These best practices will help you increase global sales and decrease returns.
The gross merchandise value (GMV) of cross-border ecommerce is expected to grow at a healthy 25% per year through 2020, about twice the rate of the domestic market, according to a new report from DHL Express. The report also found that 20% of cross-border purchases were worth more than $200, again higher than domestic ecommerce. See what else the study found, including merchandise categories that are poised to grow.
Asendia, the joint venture between La Poste and Swiss Post, has agreed on a sales partnership with Israel Post. The partnership will unlock potential for retailers looking to expand their business to Israel, a fast-growing ecommerce marketplace.
Ecommerce in Denmark was a record-setting 100 billion kroner, or 13.44 billion euros, in 2015, representing 10% of the country’s retail market. But the flow of cross-border goods is mostly into the country, due to the high price of Danish goods and stiff overseas competition. See what else a national trade association discovered in a new report.
Choosing the right shipping option for your cross-border ecommerce business can be tough, but there is one solution that could help American retailers – marketplaces. See why this is a good option and how to pick the one that is best for your business.
On the eve of Amazon’s 20th birthday, the company introduces Prime Day, a global shopping event, with more deals than Black Friday, exclusively for Prime members. See how Amazon plans to take over the world on July 15.
To successfully launch a global ecommerce site takes more than overcoming the language barrier. Here are 4 tips that will help ensure you’re ready on day 1.
Favorable government policies, high duty thresholds and popularity of U.S. brands all contribute to making some global ecommerce markets hotter than others.
Pitney Bowes Inc. said it has signed a definitive agreement to acquire competitor Borderfree.
Canadian consumers are more brand loyal than their U.S. counterparts, but connecting with them involves more relationship-building and trust.