The numbers don’t lie: Your e-commerce business shouldn’t limit itself to domestic sales. Going global opens new worlds of potential reach and improved revenue, no matter what you sell and who your customers are. Maybe you’re waiting until you’ve boosted your position among local buyers? Maybe you’re unsure if your company is ready to test out new international e-commerce markets? Or maybe you’ve just never considered this future for your company. The good news is, this is the perfect time to expand your international e-commerce footprint. There’s a plethora of opportunity, and little holding your business back.
By 2021, e-commerce around the world is estimated to be worth $4.5 trillion, and you shouldn’t limit yourself to just a small fraction of that market. 10
With the potential to exploit key economies of scale, follow beneficial tax advantages and make your organization a more viable target for acquisition, the cross-border market is laden with promise.
Here are some of the more detailed numbers and trends that make the case for going global with your business, today: