Checkout the international eCommerce success stories from satisfied Bongo partners below.
Sixteen Top Retailers See Extensive Savings Through International Repackaging Efforts
Expanding internationally is a proven revenue generator. The reputed *CMOSurvey.org analyzed what percentage of U.S. company sales comes from international markets. They found that international sales increased from 19.3% in August 2010 to 24.7% in August 2011. Even so, if Retailers aren’t carefully managing the process then they’re losing revenue somewhere. Proper packaging is one of the most basic, yet effective, means of cutting costs.
International eCommerce Growth & Fraud Risk Management
One out of every ten U.S. eCommerce purchases already comes from international consumers, and that will increase to one in every five in the coming years. The explosion of growth occurring in international eCommerce presents opportunities for online Retailers looking to expand, as well as for online crooks looking to capitalize. Fraud is a major factor in selling globally; increased market exposure translates into increased risk.
Combating Fraud in International Shipping
The international market is potentially lucrative for U.S. retailers, but the complexities of shipping overseas, as well as the need to combat fraud, makes some companies hesitate to jump in. Parcel forwarding services offer a solution.
Using International eCommerce Providers for Global Expansion
Looking to increase sales revenue and considering the international marketplace? More than half of the companies in the U.S. have overcome their concerns; fraud, complex operational issues and high shipping costs. The result of an average of 17% increase in revenue. One secret is a new emerging trend of using international eCommerce providers. Retailers benefit from the fraud free solution and consumers benefit from the low cost of shipping through consolidation.
Going Global: Why U.S. Retailers are Eager to Expand
American eCommerce solution providers are the world leaders in web retailing technology, but they won’t remain so unless they leverage their expertise in foreign markets reports Internet Retailer magazine. European eCommerce generated $182 billion in sales last year (2010), more than the American e-retailing market, which had sales of $165 billion. American retailers have previously had the advantage of being the single most sought after marketplace due to various reasons including expendable incomes, and a larger middle class. Anyone with something to sell needed to succeed within the American marketplace to officially proclaim success.
Localization: Challenges & Benefits
While the economy and job market in the U.S. are still recovering from the Great Recession, U.S. Retailers are finding that retail markets in key European countries like France, Germany, and the UK are receptive to American brands, products, stores, and restaurants. There is no longer a question as to whether or not it is profitable for domestic Retailers to move beyond US borders. Each day more reports arrive on continued eCommerce growth, across all sectors, with no signs of slowing. International eCommerce is the present day gold rush, especially for Retailers who are not able to open brick and mortar stores outside the US.
Timeline: International Purchase & Delivery
Recent Internet Retailer reports state that eCommerce sales have increased for the 8th consecutive month, and international eCommerce sales surpass even those in the present saturated US eCommerce market. Given that international eCommerce is uncharted territory for most domestic Retailers, there is a certain stigma that US online stores must initially overcome. International consumers frequently associate costly hidden expenses and inaccessibility with US online purchases.
Case Study: Colorado Kayak
Size and weight restrictions severely limited Colorado Kayak’s ability to sell overseas. Bongo International stepped in to help.