Tag Archives: Cross Border Trade

Should I Expand to Amazon USA or Other European Marketplaces?

Matthew Ferguson advises Loris to put the Caesar mentality of world domination on hold and focus on conquering local marketplaces first

Have a question for us? Send it to questions@webretailer.com. Readers’ Questions are in partnership with Emanaged and Online Seller Consulting.

Question

I live in Italy and am currently selling on the five European Amazon marketplaces, but I want to expand further, to reach my goal of selling on all the markets served by Amazon. I think my next move should be to sell on Amazon in the U.S., because I think customers there are more used to buying products online than they are in Europe. I currently fulfill all of my orders using FBA and I would like to continue doing this for whichever marketplace I expand on to next.

My question is whether you think expanding to Amazon in the U.S. should be my next step, or if there is anything more I can be doing in Europe?

– Loris B., Italy

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5 Tips to Optimize your Cross-Border Sales

OFX’s Hamish Muress offers top tips to help fuel your international sales and bring more of your cash home

This post is by Hamish Muress, Senior Business Development Manager at OFX, a global payments company that offers specialized support and service for online sellers.

Cross-border ecommerce has been building momentum for several years now and shows no signs of slowing down. Without the traditional bricks-and-mortar hurdles of going global, more countries than ever are leveraging the ecommerce trend, while consumer trust in buying international goods strengthens.

Estimates by BI Intelligence state that global cross-border ecommerce will generate in excess of $1 trillion in sales for retailers by 2021. Ecommerce businesses, particularly marketplace sellers, are increasingly offering their products globally.

Cross-border trade comes with its own challenges though, from understanding overseas markets to currency conversion. These expert tips should help you overcome barriers and give a solid foundation for cracking overseas markets as an online seller.

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How Do I Ship Amazon FBA Orders Internationally?

Matthew Ferguson explains the differences between Amazon’s array of cross-border shipping services

Have a question for us? Send it to questions@webretailer.com. Readers’ Questions are in partnership with Emanaged and Online Seller Consulting.

Question

I sell video game accessories on Amazon and eBay in the UK. I use the Global Shipping Program for international orders through eBay, and it works really well. Is there anything similar for Amazon? I have my stock in Amazon FBA in the UK already, but there doesn’t seem to be a way to send it from there when people order from Amazon.com in the US. Am I missing something? What are my options for shipping international Amazon orders?

— Simon M., Nottingham, UK

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Should I Sell Used Auto Parts Internationally?

Matthew Ferguson explains what’s involved in selling salvage auto parts both domestically and cross-border

Have a question for us? Send it to questions@webretailer.com. Readers’ Questions are in partnership with Emanaged and Online Seller Consulting.

Question

I am working on opening my own salvage yard business. I’ve worked at an auto salvage yard for eight years, so I know the business.

Do you think I should start selling used auto parts internationally?

— Terrell K., MS

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Cross-Border Ecommerce Has Evolved with World First’s New World Account

Online sellers can pay suppliers, transfer currency balances, and manage their account on their phone with this new service

The growth of cross-border ecommerce seems unstoppable. It’s predicted that by 2022, cross-border shopping will account for 20 percent of global ecommerce sales.

As sellers have flocked to take advantage of global markets, many have used World First’s receiving accounts to bring funds from international sales back home. These accounts support a wide range of currencies, and offer preferential exchange rates compared to online marketplaces and payment providers.

But online selling has evolved, and sellers need more than just an account to collect their marketplace payments. They need to pay suppliers, transfer between currencies, and manage their accounts on the move. That’s where the World Account comes in. It’s a big leap forward in currency services for online sellers.

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