International Strategy

Cultural Norms and Regional Nuances Make all the Difference in Cross-Border E-Commerce
August 9, 2019 at 10:02 am

The prospect of entering unfamiliar markets can be intimidating. But for online retailers, expanding overseas is a crucial step toward future revenue growth. Forrester predicts that 17 percent of online purchases in 2023 will be cross-border, accounting for a total of $736 billion globally. Online shoppers are increasingly purchasing products without hesitation from countries other than their…

Report: Cross-Border E-Commerce an Untapped Opportunity for US Merchants
June 19, 2019 at 2:53 pm

With U.S. e-commerce sales forecast to grow to $561 billion in 2019, according to Statista, the competition for those dollars has intensified. As a result of the market pressures being placed upon U.S. retailers to support challenged brick-and-mortar stores with e-commerce sales, many are looking beyond domestic borders for growth opportunities. However, many are doing…

HBC Board Mulls Shareholders' Take-Private Bid
June 10, 2019 at 2:30 pm

Hudson's Bay Company (HBC) announced today that its board of directors has formed a committee of independent directors to review a proposal from a group of HBC shareholders who would like to take the company private at $9.45 per share. The shareholders, who collectively own 57 percent of the company, include HBC Governor and Executive…

Global E-Commerce Trends for Digital Goods and Subscriptions
June 6, 2019 at 4:11 pm

E-commerce continues to evolve; therefore, it’s critical for e-commerce merchants to recognize the trends and be empowered to make better business decisions to drive sales. Some of the trends related to global online sales of digital goods and subscriptions are highlighted by 2Checkout, a digital commerce provider, in its Q1 2019 Digital Commerce Benchmark Report,…

3 Tips for Successfully Launching E-Commerce Brands Internationally
June 4, 2019 at 9:19 am

Picture a fast-growing digitally native vertical brand (DNVB) based in the U.S. After a few years of establishing a great relationship with American consumers and growing domestic popularity, it’s time to expand into new territory and sell cross-border. Global expansion has the power to transform a brand from a small, local player to a global…

Building a Successful Delivery Strategy in Europe
May 21, 2019 at 10:41 am

For U.S. retailers and brands looking to expand globally and grow their revenue, Europe is very attractive. The e-commerce market is worth over $602 billion, with Western Europe accounting for approximately 68 percent of total European online retail turnover. Europe offers cross-border retailers access to over 500 million consumers and, unlike the U.S., is not…

Myths vs. Facts: Exposing Myths in Retail Payments
April 15, 2019 at 11:27 am

In our bustling retail landscape — today’s most competitive market — it’s hard to believe that many online merchants, particularly those based in the U.S., avoid access to global transactions. When considering U.S. cross-border e-commerce is expected to generate sales of $203 billion by 2021, it should be a no-brainer for online retailers to consider capitalizing…

3 Ways to Maximize Global E-Commerce Revenue
March 22, 2019 at 11:03 am

E-commerce sales are expected to surpass $530 billion by 2020. The obvious benefit of running an e-commerce business is you're not restricted by geographic location. Even better, you're not limited to regular store hours and can be processing transactions from all over the world while you sleep. However, as great as this all sounds, many…