Crossborder Ecommerce Seeks Growth Beyond Market Homogenization
Product homogenization in cross-border e-commerce stems from widespread technology and increased competition, impacting profits and purchase intentions. To break this cycle and achieve growth, strategies such as brand building, innovative research and development, and data-driven marketing are recommended. Focusing on differentiation through unique product features, strong brand identity, and targeted marketing efforts can help businesses stand out in a crowded market and attract loyal customers, ultimately driving sustainable growth in the competitive cross-border e-commerce landscape.
