The secret to global e-commerce success is making it local

Richard Branson, founder of the Virgin Group, once said that “a big business starts small.” In 1970, Branson opened a mail-order record business that eventually became Virgin Records. Many businesses followed and the Virgin Group now controls over 400 different companies.

What Branson didn’t have at his disposal in the 1970s was the e-commerce ecosystem that exists in 2021. That ecosystem allows nearly any business – regardless of size – to reach a global customer base, almost instantaneously.

“Wh...

https://www.freightwaves.com/news/the-secret-to-global-e-commerce-success-is-making-it-local

DTC logistics provider FlavorCloud seeks to demystify global networks for e-commerce brands

Global e-commerce is enabling direct-to-consumer (DTC) brands to sell their products in hundreds of countries at a time. Shipping those goods, though, can be problematic with tariffs and duties, various tax rates and currency conversion issues.

Shopify’s Oberlo brand estimates that 2.14 billion people will shop online in 2021 and Statista said that the average order value for an international sale is $147, a 17% premium over the average domestic sale for a U.S.-based seller. It also found that...

https://www.freightwaves.com/news/dtc-logistics-provider-flavorcloud-seeks-to-demystify-global-networks-for-e-commerce-brands

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