General Terms in International Trade: The Application and Importance of Incoterms®
Incoterms® are the standard terms in international trade that clarify the responsibilities of buyers and sellers. The 2020 version aims to reduce disputes.
Southeast Asias Digital Economy Shows Growth Despite Global Challenges
A Bain & Meta report reveals that Southeast Asia, with its stable GDP growth, large consumer base, fintech innovation, and e-commerce boom, is a haven for digital economic growth amid global economic headwinds. Companies should deeply understand local markets, enhance the online shopping experience, integrate online and offline channels, embrace emerging technologies, and focus on sustainable development to seize Southeast Asian digital opportunities. The region presents significant potential for businesses willing to adapt and invest strategically.
25 Swazi Lilangeni to USD Current Exchange Rate Explained
This article explains how to convert 25 Swazi Lilangeni (SZL) to US Dollars (USD), with the current exchange rate being approximately 1 SZL = 0.0562478 USD. Understanding these rates is crucial for international transactions, travel, and online shopping. Keeping track of real-time exchange rates can help you save costs and optimize financial decisions.
Ecommerce Giants Outperform Fedex UPS in Holiday Deliveries Shipmatrix
A ShipMatrix report indicates that FedEx, UPS, and USPS performed strongly during the peak online shopping week. The three major logistics providers efficiently handled the surge in parcel volume, ensuring a superior delivery experience for consumers. The report instills confidence in the e-commerce industry regarding logistics capabilities during high-demand periods.
Ebay Sellers Face Payment Delays Amid Fund Holds
This article details the payment arrival time and fund hold mechanisms for eBay sellers. Typically, sellers receive payment after the buyer confirms receipt. However, new accounts, low ratings, unusual sales, or transaction disputes can lead to fund holds. Sellers should contact customer service, resolve disputes, improve their reputation, and promptly ship items and upload tracking information to expedite payment. Compliant operation is key to avoiding fund holds. This includes adhering to eBay's policies and maintaining a positive seller performance.
Greek Shoppers Turn to Noneu Ecommerce for Cheaper Deals
A survey reveals that 80% of Greek consumers prefer shopping on e-commerce platforms outside the EU, primarily driven by lower prices. Platforms like Temu and Shein are popular, with users exhibiting higher daily internet usage. Nearly half of Greek consumers' online spending goes to non-EU platforms, posing a significant challenge to EU e-commerce businesses. The low-price strategy employed by these international platforms attracts Greek consumers seeking affordable options, impacting the competitiveness of domestic and EU-based online retailers.
Cross-Border Shopping Boom: Navigating Customs Duties for Global E-Commerce
Dalian Customs has implemented a tax policy for personal mailed items: items valued under 50 yuan are exempt from tax, while those exceeding this amount are subject to tax and must comply with domestic regulations.
Meta Ends Live Shopping in US and Europe Amid Low Engagement
Following Facebook, Instagram also announced the closure of its live e-commerce feature, marking Meta's complete abandonment of the live e-commerce sector. Although the live e-commerce market in Europe and America continues to grow, it still lags far behind the Chinese market. Meta's failure reflects the unsuitability of the live e-commerce model in the European and American markets, as well as the challenges of corporate strategic adjustments. This highlights the differences in consumer behavior and market dynamics between China and the West in the context of live e-commerce.
Ebay US Buyers Warned of Counterfeit Risks Tips for Safe Shopping
This article delves into how to identify genuine products and avoid counterfeit goods when shopping on eBay's US website. It provides a detailed guide to minimize the risk of purchasing fakes. By carefully selecting reputable sellers, scrutinizing product descriptions and images, and understanding return policies, buyers can significantly reduce the chances of encountering fraudulent items. The article also highlights eBay's platform control measures and buyer protection processes, ensuring a safer and more secure cross-border shopping experience.
Live Shopping Gains Traction on Social Platforms in US and Europe
The European and American live commerce market has enormous potential and is on the verge of explosive growth. This article focuses on five major platforms: Instagram Live, NTWRK, Whatnot, Shopshops, and Popshop Live, analyzing their characteristics and advantages. It provides sellers with strategies to seize the first-mover advantage in the European and American live commerce market. This includes understanding platform nuances and tailoring content for specific audiences to maximize engagement and sales.