A new report published by Hamburg-based E-Commerce and online payments research firm yStats.com, “Global Cross-Border B2C E-Commerce 2017” reveals that online shoppers are increasingly comfortable with making purchases outside national borders. Citing different sources, the report concludes that cross-border B2C E-Commerce’s share of total online retail will continue its growth over the new few years.
Motivated by the diversity of offerings and price advantage, over half of online buyers worldwide already make purchases across country borders, according to various surveys cited in the yStats.com report. The deterrents to the practice are concern about delivery time, shipping costs, and product quality, though online merchants are striving to combat those concerns. For example, many shoppers reported that a recent cross-border purchase offered free delivery.
Though myriad merchants are involved in cross-border online retail, two-thirds of online shoppers made their international purchases last year from one of the following dominant marketplaces: Amazon, eBay, AliExpress or Alibaba, making the USA and China the top two destinations for cross-border purchases. The yStats.com publication also reflects that the products in greatest demand in cross-border online purchases are clothing, electronic items, books and entertainment media.
For further information, see: https://www.ystats.com/wp-content/uploads/2017/02/20170101_Product-Brochure-Order-Form_Global-Cross-Border-B2C-E-Commerce-2017.pdf
Motivated by the diversity of offerings and price advantage, over half of online buyers worldwide already make purchases across country borders, according to various surveys cited in the yStats.com report. The deterrents to the practice are concern about delivery time, shipping costs, and product quality, though online merchants are striving to combat those concerns. For example, many shoppers reported that a recent cross-border purchase offered free delivery.
Though myriad merchants are involved in cross-border online retail, two-thirds of online shoppers made their international purchases last year from one of the following dominant marketplaces: Amazon, eBay, AliExpress or Alibaba, making the USA and China the top two destinations for cross-border purchases. The yStats.com publication also reflects that the products in greatest demand in cross-border online purchases are clothing, electronic items, books and entertainment media.
For further information, see: https://www.ystats.com/wp-content/uploads/2017/02/20170101_Product-Brochure-Order-Form_Global-Cross-Border-B2C-E-Commerce-2017.pdf
