BEIJING, Oct. 14, 2015 /PRNewswire/ -- In 2015, e-commerce has become a 2 trillion dollar industry world-wide, worth $420 billion in the United States alone and is expected to grow by 23% in 2015. It is easier than you think to successfully build your own brand of quality products by taking advantage of cross border e-commerce platforms and the wide range of products they offer. Since the times of the ancient silk road, the differences in the worldwide distribution of resources coupled with the varying demands of different societies makes importing and exporting products to foreign markets a lucrative business opportunity. Nowadays, large B2B e-commerce websites have transitioned into the new age method of connecting buyers and sellers of products in the global marketplace.
Leveraging the Internet for Entrepreneurial Success
Utilizing the services provided by cross-border e-commerce platforms is how a new generation of savvy importers and exporters are fulfilling their dreams of becoming successful entrepreneurs. Many entrepreneurs resell products through retail, however a common strategy for entrepreneurs is to utilize platforms such as eBay, Shopify or even Craigslist and social media to redistribute the products.
Why You Will Profit
Cross border e-commerce platforms offer inexpensive cost per unit on almost any product you can think of. A great example is wayfarer style sunglasses that easily sell for $15 in the US but can be purchased for as low as $.20 a unit when purchased in bulk from a cross border e-commerce website. Another way entrepreneurs benefit by leveraging cross-border e-commerce platforms is by finding products that are not widely available in their home country, for example, on China based e-commerce giant DHGate.com, ultrasonic mosquito repellant can be purchased for as low as $3 and then resold abroad for over $30.
Trust and Safety
Common concerns among many importers generally include receiving poor quality products, long delivery times, and difficulty returning and exchanging products. Many people don't realize that you can return and exchange products you buy online from foreign companies. In fact, many foreign based cross border e-commerce companies have significantly better return policies than their domestic counterparts. In order to address these common concerns, large e-commerce companies have set up multilingual trust and security centers as well as off-shore warehouses all across North America and Europe in order to ease the product return and exchange processes and cut delivery times into a fraction of what they were before.