When working on a cross border e-commerce strategy, questions often come up: How much will it cost to ship my products to other markets? How much should I charge my customer for this service?
For a domestic brand expanding into lucrative global markets, shipping can be one of the most complicated and delicate hurdles to creating a smooth international operation with good customer experience. It’s crucial not just to consider shipping costs, but analyzing all the way through to landed costs. Landed cost is the total price of a product after it’s delivered to the customer and includes customs, duties and taxes, packaging, insurance, currency conversion, transportation, crating, handling and the original price of the product.
A product’s landed cost varies drastically by country and it can take much longer for a product to arrive than a customer expects due to customs and limited shipping options. Before diving into a market that could be faced with these types of issues, our experts at Flow created a downloadable reference guide that sheds light on shipping, duties, tax and landed costs by country.
Using Flow’s full analysis, retailers and brands can consider which markets are most viable for their products and the shipping options they may want to offer.
Download “International E-Commerce Shipping Journey” today.