If you are looking for a way to take your US-based ecommerce business to the next level, you should consider offering your goods to consumers in Europe.
Selling your products in Europe can open your business up to millions of new consumers who are eager to engage in global ecommerce and looking to buy American products and brands online.
Here are a few reasons why selling your products to Europe can help you expand your reach and increase your profitability:
Global ecommerce is taking off in Europe
The ecommerce market in Europe is worth over $387,790 million US dollars, and this number is only getting higher. In fact, experts predict that this market will grow at an annual rate of at least 6.7%, which will make it worth over $503,077 million US dollars by 2024.
Showing no signs of slowing down, the growing ecommerce market in Europe means there is an opportunity for ecommerce retailers to tap into this market and see an increase in revenue.
This is especially true for international retailers like those in the United States. Global ecommerce between Europe and other countries is on the rise with research showing that over 57% of European consumers make cross-border purchases.
As global ecommerce continues to increase, you can make sure you are not left behind by selling your products to consumers in European countries.
Consumers in Europe are interested in American products
From more affordable product and shipping costs to better product availability, there are many reasons why consumers in Europe are turning to ecommerce retailers in the United States to buy goods.
These are the main product categories where consumers in Europe spend the most money when it comes to online shopping with American retailers:
- Sporting goods
If your business sells products in any of these categories or offers other high-quality and affordable products, you can capitalize on this growing desire for international ecommerce by making your products available to consumers in Europe.
The European Union VAT Tax
United States retailers that offer DDP shipping are especially important to consumers in Europe considering the new Value Added Tax (VAT) compliance measures enacted by the European Union. These measures have made it so that almost all international orders will be subjected to a VAT tax. While this would normally be a headache for customers to deal with when ordering from international retailers, DDP shipping allows them to pay all their shipping fees and taxes and duties upfront so that they do not have to worry about experiencing customs delays or paying additional costs upon product delivery.
How Zenda can help
Zenda can help you grow your business, improve your international customers’ online shopping experience, and enter the European market thanks to our fast and reliable DDP shipping powered by British Airways.
As experts in international shipping, we know just how important it is for your customers to have a hassle-free shipping experience so that they can receive their orders as quickly and easily as possible. In order to help ecommerce businesses achieve this goal, we offer the perfect shipping solution:
Zenda is a DDP shipping solution, which is important for anyone who wants to stay competitive when selling products in Europe. With DDP shipping, and Zenda’s accurate, real-time taxes and duties calculator, customers are able to see their total landed costs at checkout, allowing them to prepay these costs before they leave your website.
With Zenda, your customers will not have to pay any unexpected fees or worry that their parcel will not be delivered.
Automatic customs clearance
Zenda allows orders to clear customs with ease thanks to our taxes and duties calculator and SKU mapping. Zenda maps all of your business’ products to commodity codes, provides accurate shipping labels, and allows your international customers to prepay their taxes and duties, guaranteeing that your parcels will not be held up at customs.
With Zenda, you can increase customer satisfaction by ensuring that the only thing your customers need to worry about is which products they want to buy from your business next.
Daily flights to Europe
Zenda can help your business send products to Europe as quickly as possible thanks to their use of British Airways aircraft offering over 40 flights per day from the United States to Europe. This allows ecommerce retailers in the United States to offer 4 to 8 day delivery to consumers in Europe at affordable prices that are lower than most Express providers.
When consumers in Europe buy products from international retailers, they do not want to wait multiple weeks for their parcels to arrive. Zenda allows your business to offer a fast shipping method that will make your international customers happy.
Learn more about how Zenda can help you take advantage of Europe’s growth in international business when you contact us.