expanding your business internationally - metapack · 2020. 8. 19. · expanding your business...
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Expanding Your Business InternationallyTips on how to make borders disappear
Presenter Name
Rynhardt Hanekom, Cross-Border Trade Manager,
ChannelAdvisor
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Expanding Your Business Internationally
©Copyright ChannelAdvisor 2013
• Why do I need to consider cross-border trade?
• How would I go about it?
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Why do I need to expand?
•Build your brand
•Boost Sales
•Extend Product seasonality
•World of opportunity
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Five Year CBT Growth Trends
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Top CBT Destinations
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Top CBT Routes
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Location Number of Shoppers Shopping In
US 16.7 million UK
China 15.1 million US
US 13.2 million China
US 11.6 million Canada
UK 11.1 million US
China 10.4 million Hong Kong
China 9.4 million Japan
China 7.7 million UK
China 7.0 million Australia
US 6.8 million Hong Kong
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How do I expand?
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Market Entry – Traditional Approach
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Heavy Investment Demand/Traffic Challenges Re-investment
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Agile Approach to Market Entry
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Test Learn Iterate
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Agile Cross-Border Trade Stages
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Passive Active Lite Site Full Site
Surface products on local marketplaces
Minimal complexity
Ship from home market
Low volume but low investment
List products directly to local marketplaces
Ship from home or local market
Provide content and support in local languages
Launch liteversion of website locally
Engage in lower risk/rev share and retention marketing
Focus on service and reputation building
Provide full site functionality
Aggressively acquire customers via riskier marketing
Improved mobile experience
100% local experience
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Identify Challenges
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Passive Active Lite Site Full Site
Shipping
Returns
Customer Service
Tax, Legal, Accounting
Tax, Legal, Accounting
Product Selection
Payments
Localisation
Pricing and Exchange Rates
Local Logistics
E-Commerce Site Platform
Marketing
Marketing Expansion
Expanded Website Functionality
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Quick Wins – Passive Stage
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• eBay Passive selling
• Amazon International Selling Programme via FBA Export
• International Site Conversion Solutions
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Get Started with Active CBT
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• Conduct market research
• Identify target region based on opportunity size and barriers
to entry
• Connect to existing demand
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ChannelAdvisor Supports eBay Global Sites
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UK
France
Germany
Italy
Spain
Netherlands
Ireland
Australia
Hong Kong
Singapore
United States
Canada
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ChannelAdvisor Supports Amazon Global Sites
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UK
France
Germany
Italy
Spain
United States
Canada China
Japan
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ChannelAdvisor Supports Global Marketplaces
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Top CBT Options for Later Stages
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• Affiliate Marketing
• Email Marketing
• “Free” Social
• Google Shopping
• Retargeting
• Paid Search
• Display Advertising
• Paid Social
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Solve Challenges: ChannelAdvisor & Partners
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Flexibility and Adaptability is Key
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• No two paths will be the same
• Different businesses
• Different markets for the same business
• You may iterate on any one stage multiple times before
moving to the next stage
• You may never reach some stages in some markets
• You may skip a stage in some markets
• Test, Learn, Iterate!
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Questions?
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Thank you for attending!