Cross-border ecommerce has grown at an astounding rate over the last year, and it doesn’t appear to be slowing down any time soon. By the end of 2022, it’s projected that cross-border business will generate more than $3.5 trillion (U.S.) dollars and account for 22% of ecommerce shipments, according to Statista.
While global ecommerce expansion is attractive — and a long-term goal for many retailers — it doesn’t come without risk. As soon as you start selling your products internationally, you must abide by each country’s rules and regulations. If not managed carefully, your business could suffer severe cash flow difficulties.
In this webcast, we’ll discuss how to avoid the biggest pitfalls businesses run into when selling and shipping across borders, including how to:
- Navigate governmental restrictions;
- Handle cross-border taxation and tariffs; and
- Manage product, price and currency fluctuations between countries.
By helping to overcome these challenges, your business will be ready to sell into global markets with confidence.