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Preparing Your Startup for Global eCommerce: Operationalizing for Success
Are you accepting international backers for your crowdsourcing campaign? Are you a startup with an ecommerce site that is receiving international orders?
Whether you enter global markets strategically or you are wondering what to do with an international order, there are several preliminary steps that all companies should take to ensure they are operationalized for success in order to make the global marketplace work for their business. The resources listed below are intended to walk ecommerce startups through the necessary preliminary steps of an export transaction and outline how to prepare your company to go global.
Cross-border ecommerce differs greatly from selling domestically. Companies engaging in cross-border ecommerce need to know how to calculate the landed cost of their goods in a foreign market taking into account duties, taxes, and tariffs as well as international legal and regulatory considerations and a host of other issues that can turn a market opportunity into a business loss.