International E-Commerce: Expanding Your Business Around The World
If you plan to grow your business, one way to do it is by listing it on international e-commerce. International e-commerce is a business activity that connects companies and consumers by utilizing existing technology. So, it will make people around the world shop easily.
According to Laudon & Laudon (1998), E-commerce is the practice of consumers and businesses buying and selling goods through the internet using computers as middlemen in commercial transactions.
Tips to Go International with Your Business
The Purpose of Using International E-Commerce is hoping the company can be more efficient and effective in increasing its profits.
Its function is to expand the network and help many companies to grow. With this e-commerce, every company will have a wider reach, so that the products or services they offer can reach various regions and circles. Here are some tips for you who want to grow your business internationally.
1. English Proficiency
International marketplaces certainly require you to master English. Because all forms of communication and instruction use English as the language of instruction. Of course, you must also be able to understand all the terms and conditions that apply.
2. Offer Unique and Interesting Products
Remember that an international marketplace also means global competition with online sellers around the world. Therefore, it is very important to ensure that the product you offer has its uniqueness. So it can attract the attention of consumers all over the world.
3. Understanding Payment Methods
In international buying and selling transactions, of course, you have to understand acceptable payment methods. Usually, most people use PayPal accounts in international marketplaces.
4. Understanding How to Ship Goods
Delivery couriers are a very important thing to take note of. You also have to fill out several documents for shipping abroad. You also need to know what types of couriers allow shipping abroad, duration, rates, and guarantees.
5. Get to Know Each International Marketplace Platform and How it Works
Amazon, eBay, and Alibaba are the three most popular international marketplaces today. Each marketplace certainly has different rules and conditions. Apart from that, mastering the technical matters of each marketplace is also important.
6. Take Advantage of Promotion
As with local marketplaces, international marketplaces also often hold various promotions. Don’t forget to take advantage of every opportunity to promote your products and international online shop. So that your online store can have more visits and purchases.
Ready To Grow Your Business Internationally?
Those are things that are very important for you to pay attention to, especially for those of you who want to develop the business that you are starting. Hopefully, with this, you will be able to get a good opportunity to expand your business.
That’s all we can give you this time regarding international e-commerce. For anyone who wants to have a business that can reach people internationally, there are many things that you must consider carefully.
