Optimising Foreign Currency Exchange: a guide for marketplace sellers and online retailers
International trading is a great opportunity for ecommerce sellers, online traders and SMEs.
You might be new and looking to optimise sales, you may be ahold hand hand. It doesn’t matter: you want to start transacting overseas. If you want to expand your horizons, and make more sales, international trade is the great opportunity. Go global! We are here to help.
The current climate has made the choices and outlook ever more complex. But it could also be good news. Brexit is not just a problem but an opportunity (we shall see how the cards fall) but either way it’s certainly a time to be circumspect and reassess your international strategy.
It’s time to reconsider your assumptions. In particular the weak pound makes non-EU trading more attractive. And yet the EU is still an attractive trading opportunity. This ebook looks at all the trading channels.
As we say: “The benefits of taking your online retailing business to the next level and selling outside of your domestic audience are obvious. You greatly expand your pool of potential customers and you can exploit the scarcity of your goods in other geographies and improve your margins.
But trading cross-border also brings complexities to your ecommerce operation. You’ll need to consider dealing in foreign languages and multiple currencies, duties and tariffs as well as deal with cultural differences too.”