Anyone who owns a business knows that if they also choose to sell to international clients, they’re going to greatly increase their bottom line. However, it seems that not everyone knows what to consider when it comes to selling to overseas clients and in the long run, they’re not only going to lose a lot money, but also lose on a lot of opportunities to increase their client base. So with that being said, in the paragraphs below we’re going to tell you more about what you should consider when shipping internationally.
Learn more about country-specific requirements and regulations
One thing you need to bear in mind is that if you plan on reaching international markets, then there are quite a few things you need to consider. For instance, as surprising as it may sound, it is actually illegal to important foreign calendars into Vietnam with the purpose of selling them. What this means for you as a seller, especially if you’re selling calendars, is that you won’t be able to sell more than one hundred calendars to any one customer in Vietnam.
Target specific countries
Given the regulations and the rules we have just described, it’s very much recommended that you learn all there is to know about overseas ecommerce by targeting, at least in the beginning, certain countries first. For instance, if you’re a business based in the United States, it can be a lot easier for you to Ship to Mexico and Canada than it would be to ship to Tanzania.
If you’re a retailer base in the United States and decide to ship a T-shirt from LA to New York, then you’ll have a single shipping rate to deal with. However, if you decide to send the T-shirt internationally, then the buyer is going to have to pay a whole new slew of taxes. Therefore, it’s very important that you learn more about the taxes buyers need to pay when they want to purchase various products from you.
Just imagine what a client would do if they would need to pay an extra twenty-dollar duty for the item they have just purchased. That would certainly make them either very upset and unwilling to buy anything else ever again from you or they will just refuse the package. As a retailer, you’ll not only lose the sales, but also the cost of having the item shipped to the customer.