E-commerce is king.

In the past decade, the rise of Amazon has ushered us into a new era of retail, forcing traditional big box stores like Walmart and Target to quickly adapt and transform their business models.

Each year, the e-commerce sector is representing a bigger chunk of global retail sales. According to Statista,  the number of global online shoppers are estimated to increase to 2.14 billion in 2021.

 

Expanding your e-commerce business internationally can give you access to a much bigger market and help to keep your business from becoming stagnant once you have penetrated the local market. 

 

Here are some statistics:

  • Worldwide e-commerce sales are expected to reach US$6.542 trillion in 2023 (eMarketer)
  • E-commerce sales are expected to account for 22% of total global retail sales by 2023 (Statista)
  • The top three regional e-commerce markets alone are worth US$831.7 billion (Asia), $552.6 billion (North America) and $346.5 billion (Europe) respectively in 2019 (Shopify)
  • Despite global economic uncertainty with total retail sales worldwide expected to increase by only 4.1% in 2020, e-commerce sales are expected to rise by 19% in the same year (eMarketer)

 

Why you should expand internationally

 

A 2016 report by Nielson shows that on average 57% of consumers have purchased something online from another country. In another study, Pitney Bowes reveals that consumers who do shop overseas tend to shop more often.

 

Not only do many consumers enjoy shopping internationally, but those who buy from foreign markets also have greater spending power. So how can you scale up from a local to international operation and tap into a global customer base?

 

Cross-border shipping 

 

Before you can make the move to go global, you need to find a reliable and affordable means to ship your products across borders.


Sadly, the eye-watering cost of international shipping has turned many e-commerce start-ups away from their global expansion ambitions.

 

In Hong Kong, only a handful of logistics carriers offer freight services to start-ups looking to ship a small number of packages overseas. These carriers often cater their services to large retail chains that already have high volumes of orders; while small businesses that lack economy of scale are left with few to no options for cross border transport solutions that are efficient and cost-effective.

 

Pickupp: Saving up to 62% on international shipping

 

With the launch of a new cross-border service, Pickupp helps to bridge the gap between e-commerce start-ups and the worldwide market. Partnering with leading international logistics companies, Pickupp now offers cross-border shipping services across Asia Pacific, America and Europe at up to 62% off traditional retail pricing.

 

Whether you’re looking to fulfil two or 2,000 orders a month, we can provide tailored solutions to suit your unique business needs. From picking up goods from your suppliers to delivering them to your customers, we can help to look after your entire supply chain. With a range of standard and express shipping options available at various price points, you have the flexibility to choose the right service for your business.

 

Fill out the form below to enjoy a complimentary 1-on-1 go global cross-border consultation with us today. We promise to get back to you within 12 hours.

 

Register a corporate account now to enjoy 15% off retail price for 4-hr deliveries
Corporate account monthly MOQ (4-hr deliveries: $1600 / Next Day: 300 orders)