Social Commerce Fails to Match Chinas Growth in Western Markets

Social Commerce Fails to Match Chinas Growth in Western Markets

Overseas social commerce faces challenges like payment security, logistics efficiency, product information presentation, and cultural and user mindset differences. Instead of simply replicating domestic models, focusing on private domain traffic platforms like WhatsApp and Discord is crucial. Refined operations and innovation are key to success in the overseas market. Understanding local nuances and tailoring strategies accordingly, rather than a one-size-fits-all approach, will maximize engagement and drive conversions within these private communities.

WCO WTO Train Trade Committee Chairs to Boost Global Commerce

WCO WTO Train Trade Committee Chairs to Boost Global Commerce

The World Customs Organization (WCO), in collaboration with the World Trade Organization (WTO), empowers National Trade Facilitation Committee (NTFC) Chairs through capacity building, enhancing their understanding and implementation of the Trade Facilitation Agreement (TFA). The WCO's Mercator Program and related tools are highlighted within the curriculum, aiming to assist countries in improving trade efficiency. This multi-stakeholder cooperation model provides an effective pathway for global trade facilitation.