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4 Common Hurdles to Overcome in Global Ecommerce

July 19, 2021 by admin

Accompanying the rise in popularity of online shopping are increasing global ecommerce opportunities. Shoppers can get the latest and greatest products with just a few clicks, even if their favorite store is literally an ocean away. Brands can also pursue an omni-channel approach—offering physical stores and online-only options for shoppers near and far. It’s an exciting time for the industry.

But global ecommerce, while rewarding, is not effortless. It requires handling more moving parts to facilitate smooth, secure international sales. Here are four common global ecommerce hurdles entrepreneurs will have to overcome to be competitive in a worldwide market. 

Payment

Accepting payment on an international scale is a multi-faceted challenge. How can customers pay? How does payment preference vary by location? How can you ensure secure payment regardless of endpoint device or location?

The first step is understanding the needs and wants of your target market. As CPC Strategy writes, consumers prefer different payment methods depending on what they’re accustomed to using. While over half of shoppers in Japan prefer to pay with a credit card online, 70 percent of shoppers in Germany would choose Bank Wire Transfer or Direct Debit as a payment method. Failing to offer the best payment method to customers could cause them to abandon their carts and shop elsewhere.

Global ecommerce payment innovation has progressed in leaps and bounds, and cloud based ecommerce solutions have allowed online stores to expand their range of payment options without sacrificing security. The Payment Card Industry Data Security Standard (PCI DSS) becomes even more important when you’re crossing borders. 

Language

To sell to an international customer base, you’ll have to speak their language and a quick auto translation will do more harm than good. Take this cautionary tale courtesy of Business News Daily: When KFC opened in Beijing in the 1980s, its slogan “finger-lickin’ good” translated to “eat your fingers off.”

In addition to accurately translating your online store’s offerings, including the home page, product descriptions and your contact information; you’ll have to implement customer service channels capable of handling inquiries in different languages and time zones. Simple, accurate translation often starts with your platform itself. For example, several of Shopify’s themes come translation ready—all your team has to do is select the language. 

Legalities

What may be legal to sell in your country may be illegal in another. Before you offer any products worldwide, do your due diligence—especially if you sell sensitive products. For example, some countries have strict rules regarding disclosure on nutritional labels. It’s your job to know your industry and how it relates to local laws so your ecommerce store does not accidentally land itself in hot water by violating them. 

Logistics

Logistics like shipping are especially important when it comes to online sales. When a shipment arrives and is cleared by customs, a logistics company driver must then upload items they need delivering and take them to designated pickup stations or delivery addresses. Online stores must set forth a firm shipping and delivery policy so customers know exactly what to expect. According to Ecommerce Guide, here are the staples of a solid policy that aims to prevent misunderstandings and costly mistakes:

–Expected delivery timeframe (so international buyers know when to expect packages)

–Cost (while cost may be higher for global shipping, it’s better to be honest up front)

–Special shipping promotions and conditions (free after a threshold, discounted, etc.)

Global ecommerce is on track to grow immensely in the coming months and years. As you set your sights on seamless international sales, face these hurdles head on to figure out the best solution for your customers and your bottom line.

Filed Under: Finance Tagged With: business, company, ecommerce, online business, online sales, organization, retail, sales, selling

Home Repairs That Are Important To Consider Before Home Selling 

November 7, 2017 by admin

Selling a property means selling an asset practically. It takes an owner to follow the right methods to sell his house without any hassle. But to fix the deal faster, it is very muct for the owner to stage the house perfect for the buyers. In order to stage a perfect house, an owner must take care of some areas of the property that requires serious restoration. Let us discuss the fundamental home repairs that can let you sell house fast cash.

Improve the Garden Area

To make tour house more appealing at a glance, you can start with enhancing the garden area. Get off the unwanted bushes and plants that are suppressing the natural beauty of your garden. Get the landscaping professionally done and don’t forget to add some colourful flowering plants. It will make the garden eye soothing and enhance the core appeal of your house automatically.

Get Painting Done

To enhance the look of the house, you can paint it well. The look of the exterior of the house plays an important role when an owner determines to sell house fast cash. The appealing quality of the exterior easily catches the attention of the buyers. Painting the interior is equally important if the inside of the house seems not that attractive. Well, painted interiors can make the rooms of your house spacious and lively.

Repair the Kitchen

The kitchen is the place that buyers check with a greater emphasis. It is the place that people use to create tasty and healthy meals. Hence, you must check and repair the fixtures. Sinks, cabinets, counter-tops, and faucets must be changed if needed. You can think of repainting the kitchen also. A leaking and stinking kitchen can spoil the whole appeal of a property. Hence, the kitchen is the place where you must invest intelligently for retirement.

Bathroom Repairmen is Needed

Bathroom plays a key role when it comes to selling a house. The bathroom comes with a lot of repairmen issues. This is why; you need to check properly if there is any leakage or blockage the drainage system. Apart from the plumbing system, you must check the tiles and other fixtures also. You can invest in changing the faucets and the tiles of the walls. It will be even better if you wisely invest in changing the floor tiles of the bathroom.

Clean the Home Thoroughly

Most of the buyers believe that cleanliness is next to godliness. To make the buyers impressed with the first look of your home, you can invest some money to get your home cleaned professionally. A clean and tidy avatar of the asset can let you sell house fast cash. Professional cleaning not only makes a house clean but refreshing as well.

There are many areas of a house apart from the stated ones. If you are ready to sell your home, then it is needed for you to scout the home to check the faulty areas. A well maintained and beautiful home always gets sold fast. You can get the faulty areas fixed to sell your house faster than others.

Filed Under: DIY, Finance Tagged With: home, home repairs, house, interior, investing, property, selling

John Bradberry Charlotte NC – How to Make Your Stall The Best In The Shopping Center

September 28, 2017 by admin

Myself and my colleague John Bradberry Charlotte NC resident and business expert spend a great deal of time with a wide range of businesses trying to help them to take the leap to the next level whilst being aware and careful of how they exposed financially. Last week we had an interesting time in a shopping center in Charlotte, trying to help a young man increase the revenue of his stall, his first foray into business.

This was the first time that we have helped someone on such a small level yet it was actually surprising how many of the methods that we use for big businesses, could also be applied here. If you are a stall owner in a shopping center, here is how you can make it the very best that it can be.

Work With The Business

Most shopping centres are open from 9 until around 10pm at night, opening hours which someone who does have a stall would be unlikely to be able to work all of. Stall owners can not afford to pay staff and nor should they so it is about opening up your stall at the time when there is the largest footfall. After doing this for just 1 week, our stall in Charlotte upped its takings by over 6% on the previous week.

Collaborate

There is nothing wrong with starting a community with your neighbours and offering deals between yourselves. Next to the stall there was an independently owned milkshake bar and we managed to strike a deal with them that gave all clients who bought more than $10 worth of items from the stall, a $2 off coupon for the milkshake store, and we would cover $1.20 of the cost of the coupon. This agreement helps to boost the milkshake bar’s customers as well as our own and it worked out really well.

Selective Design

Whine comes to the design of your stall you really have limited options in terms of what you can do with the space that you have. The two rules that I would suggest that you abide by are these, if your products look messy, customers won’ be interested and if your products look too perfectly aligned, customers won’t want to to touch them. The bets course of action is to present your products in an inviting way, play around with the design and see how customers react.

Grab Attention

As a small stall in amongst many big shops, you must grab the customers attention, for this you could use bright colours, music or visual aids which will grab the attention of the client for just a second, enough time to bring them in. You should also have your prices clearly displayed, customers don’t alway like coming and looking at your products to see the price for fear that they will be hassled so having your prices clearly marked can really help to boost your sales and take your stall to the next level.

Filed Under: Finance Tagged With: business, commerce, market, market stall, sales, selling

Getting Your Car Ready To Sell

January 27, 2017 by admin

Picture1

When it comes to selling your car, there are things that you will need to do to prepare it for sale, making sure that you can get the maximum amount of cash for your vehicle. Check various car websites and blogs for some excellent tips on how to get your car ready to sell. The first place that you will need to start is to get your car in full-working order.

  • Getting It Running

If your car is not already running, it is advisable to repair it before you start the selling process. If your car is running, then it is still advised to give it some basic maintenance first. You will want to check the brakes and all of the lights, and the oil and air filter should also be changed, as well as the spark plugs. It may not be worth your time or money in changing the wheels or tires of the vehicle, but you will want to make sure that the tires are road legal.

  • Sort Out All Of The Paperwork

You will also want to make sure that you have all of the paperwork in order for your vehicle, as without this you may find it tricky to sell, or you may only be able to get a reduced amount for the sale. Make sure that you have the log book and if possible a full-service history is preferable. Make sure the registration information is up to date also, and when you do sell it you will want to make sure that you transfer the ownership accordingly.

  • Give It A Clean

The last step before selling your car will be to get it looking nice and clean, and in a satisfactory condition. You can have this professionally done and have the engine cleaned at the same time, or you can do this yourself. Make sure that the car is squeaky clean and use cleaning products on the inside of the car to get it smelling nice and fresh again. Now that you have everything in order, you can start to contact companies such as https://www.sellmycar.com.au/ and see what they will offer you for your car. All you need to do is give them the make, model, year and engine size, and arrange for someone to come and inspect your vehicle. If you accept the price and have everything in order, you can have cash in your account very quickly!

  • Selling It Quickly

If you do use a company that buys cars online, then there will be some additional paperwork that you will need to supply. As well as all of the vehicles paperwork including registration, you will need to bring two forms of identification, a passport and current driving license will suffice, and also your bank details. With all of the paperwork being in order, they can purchase your car from you with immediate effect and transfer the money to your bank account within 24 hours.

If you need to sell your car quickly, this is the service for you!

Filed Under: Finance Tagged With: cars, family vehicle, new car, selling

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We left our home in Sydney, Australia many moons ago in May 2012 and, other than a brief stint back in Perth for Christmas and a wedding in early 2014, we have been travelling the world nomadically ever since, running a business from our laptops and we’re here to show you how to do it!