The Ecommerce market has set itself as one of the most solid, trendy and successful businesses since the novel COVID-19 started last year. Online sales keep growing fast month after month and specialists foresee the consolidation of eCommerce as the main alternative for consumers on a global scale, which includes, of course, cross-border activities.
Check below some tips on how to grow your eCommerce business internationally:
Be Active on Social Media
It’s important that your business keeps up with the current tendencies and sets a marketing strategy that revolves around social media channels. The most recommended platforms are LinkedIn and Instagram. Numbers show that the conversion rates of these two are high and that they are definitely worth any investments, even outside your business’ country borders.
Have Partners
Search for local online marketplaces and merchant portals like PostLocal, eBay, Etsy in the countries you believe your products/services can flourish. These platforms will help you advertise your business in local communities and they will make it easier to consolidate and increase the popularity of your business.
Be Tax Compliant
Cross-border sales can get a little complicated as there are many moving parts. Merchants have to keep track of all customs updates to lower costs and keep customers satisfied. The problem is that duties and taxes are a headache for those who want to import/export. Thinking of that, we have developed a solution for you!
My Duty Collect’s customs automation system does all the necessary calculations so that you won’t have problems with any unexpected additional costs. Its HS Code Classification engine will return the accurate HS Code classification for your product which will then make it easy to calculate taxes when importing to or from any country that you may want to negotiate with. It’s simple, practical and fast.
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READ MORE: Ireland’s 23% VAT Rate is Back
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Have a Logistics Plan
Last but not least. It’s very important to have an effective logistic plan that matches your business strategy. Try not to go any further than your capacities can bear. Remember that supply chain disruptions add costs and shipments can be held up in customs borders, making customers reject deliveries due to unexpected charges.
We can also help you with that. My Duty Collect’s Landed Cost Calculation engine is a handy option for those who care about delivery accuracy and customer satisfaction.
Do you want to know more about our services? Subscribe to our blog and visit our website and LinkedIn pages for more updates. You can also reach us out by sending a message to info@mydutycollect.com. We will be delighted to hear from you.
