How to sell across borders?June 19, 2022
Shopping for items from abroad today is no longer strange and gradually becoming popular and cross-border sales are also interested by many sellers.
What is cross-border sales?
Cross-border selling is when the products you sell receive not only domestic but also foreign orders. Cross-border sales help you reach shoppers all over the world. Selling in multiple markets can be an effective solution to increase business revenue and create brand awareness on a global scale.
Ways to sell across borders
E-commerce platforms help consumers through the internet easily shop for products in international markets and become “global consumers”, and at the same time, make it easy for individuals and businesses when introducing and selling their products to international customers. Popular e-commerce platforms today can be mentioned as: Amazon, Ebay, Taobao, …
With this form, the seller only needs to perform simple operations such as registering an account, posting the items they sell on the trading floor, other jobs such as delivery, payment, … are all covered by the exchanges. This trade support
To make it easy for you to imagine, TekLabs will give an example of how to sell through amazon. Amazon is the world’s largest e-commerce site, founded by American billionaire Jeffrey P. Bezos and started operating in July 1995. Amazon is similar to popular e-commerce platforms in Vietnam such as Shopee, Lazada or Tiki, but the coverage of this floor is not limited to any country but extends worldwide, diverse in all countries.
Amazon divides merchant accounts into 2 types of registration fees:
Individual is an individual account that is free to register, but has a limit of 40 products sold in 1 month. At the same time, Amazon will charge a fee of $ 0.99 / waybill.
Professional is a professional sales account, suitable for sellers with more than 40 orders sold per month and a fixed cost of $40/month regardless of how many sales you sell.
To be able to sell on Amazon. You need an account, you just need to access amazon then go through the online registration steps, verify your account, link your Visa card, fill in tax information, choose the type of account you want to register.
After completing the posting steps you can post your products for sale and choose the appropriate order processing method.
Sellers on Amazon to protect their rights when an incident occurs, they need to ensure the authenticity of the goods and save the sales invoice, the tax invoice, and regularly update the current policies. by Amazon.
Website with integrated payment gateway
Cross-border sales through websites with integrated payment gateways is an increasingly known form and businesses learn and use. With the integration of payment gateway, buying, selling and paying with orders from abroad is easier than ever.
The most popular integrated payment gateways handling international transactions can be mentioned as Paypal, OnePay, … this is almost a must for a true sales website, especially for a website. cross-border sales.
The payment gateway will receive transaction information at the e-commerce website and process that information (such as account number, account holder name, …). After that, the online payment gateway will process the transaction at the connecting bank and finally notify you whether the transaction has been completed successfully or not.
To integrate these payment gateways, you just need to find a website designer for support. If you are in need of website design with integrated payment gateway? Please contact TekLabs
Learn more about TekLabs services here.
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