International eCommerce is Where You'll Find Your Greatest Growth Opportunities!
Marc Zazeela, De-mystifying Cross Border Ecommerce
When You Want To Know Everything About Cross Border Ecommerce
Cross-border online shopping grows to 50% of all purchases!
More than half of global online shoppers in the world, shop on foreign websites. Cross-border B2C e-commerce continues to outpace predictions, now more than at any other time. There are studies that show the penetration rate of cross-border online shoppers is highest in countries such as Australia, China, Canada and Mexico. The top product categories purchased in international online commerce are clothing and electronics, followed by beauty and health products. Amazon, AliExpress, eBay and Wish have become cross-border market leaders, ranking first in the rankings of international e-commerce websites in various countries and regions.
Cross-border B2C e-commerce market forecasts remain bullish in 2023
Partly as a result of the pandemic, 2023, cross-border B2C e-commerce sales are expected to continue to show extraordinary growth. From a consumer's point of view, the main drivers of online shopping trends are lower prices and higher product availability. In addition, as the logistics capabilities of e-commerce companies improve, consumers will be able to receive their international online shopping faster, thereby alleviating some of the main obstacles to cross-border shopping in 2019: long-term delivery and expensive delivery.
Don't miss the boat! If you haven't started, yet. Do it now. If you already sell internationally, find out how to blow it up!