Selling Cross Border
In the USA cross-border ecommerce sales are estimated to reach $1 trillion by 2020. This represents over 900 million shoppers making cross-border purchases. One obvious way to increase revenue is to sell “cross-border” meaning to other countries; however doing so is not without its challenges. So what are the two main issues you should consider when opening your doors to international sales?
How much will it actually cost to get the order to the customer? This is the landed cost. In addition to shipping and insurance, you need to factor in customs duties to calculate the landed cost.