From India to the World: How Shiprocket Helps You Scale Your eCommerce Business Globally
Did you know that India is expected to become the third-largest eCommerce market in the world by 2026, with the sector reaching a whopping $200 billion in value? (Source: India Brand Equity Foundation). This surge is a tremendous opportunity for Indian companies to move their products from local to global markets. Whether it is handmade crafts, tech gadgets or even fashion items, selling internationally is a more easily achievable dream than ever before—especially when your Commerce is powered by Shiprocket.
The global market holds massive potential but expanding your business across borders successfully requires more than just a website and a shipping box. It requires smart strategies, logistics, local market knowledge and smart tools also that empower you to scale. Through its all-inclusive eCommerce solutions, Shiprocket serves as the ideal partner in enabling Indian small and medium-sized businesses (SMBs) to penetrate the global markets.
Why Indian Businesses Should Expand Globally?
Expanding into international markets offers businesses several key benefits:
- Access to New Revenue Streams
- Diversified Risks
- Wider Brand Recognition
Yet, despite these opportunities, the pathway to global expansion can be riddled with bumps, from shipping and regulatory hurdles to payment challenges. Luckily, we streamline these processes and makes it easier for Indian SMBs to expand globally.
ShiprocketX: Your Ticket to Grow Your Business Globally
ShiprocketX is the cross-border expansion solution by Shiprocket that empowers Indian companies to build their global business with logistics, payment and compliance solutions. Let’s see how this helps you with your global journey:
- Efficient International Shipping
This can be quite daunting due to the many regulations involved in customs, the number of shipping carriers and the taxes to be paid. With ShiprocketX, we have made this easy by engaging with reputable global courier companies to guarantee efficient transportation and also offer you affordable and on-time service that makes shipping internationally a breeze.
- Easy Payments in Multiple Currencies
Handling payments across currencies is one of the biggest hurdles in going global. It is integrated with payment gateways worldwide that enable businesses to handle payments from customers around the world in their acceptable currencies. It streamlines the purchase process and ultimately boosts your conversion rates since international customers can pay in their local currencies without any issues.
- Compliance and Customs Management
The complexity in international law and customs regulations is usually one of the most intimidating aspects of global expansion. With this cross-border shipping solution, you can effortlessly navigate these laws because the platform guarantees that your business is always compliant with local regulations in any country you ship to. It handles customs documentation, taxes and duties, reducing delays and ensuring a smooth international transaction.
Essential Tips for Taking Your eCommerce Business Globally
- Conduct Market Research
You have to be certain about the demand for your product in that region before entering an international market. It will involve research into customer preferences, competition and possible barriers to entry, which guarantees that your products will resonate with the target market.
- Optimize Performance Using Analytics
This eCommerce enabling platform provides powerful analytics that give you insight into your sales. This allows you to make better decisions and adjust your strategy for maximum business performance worldwide.
- Start Small and Scale Gradually
Do not rush into multiple markets at once; start with one or two areas where you will have the largest potential and build from there.
The Future of Global eCommerce
eCommerce globally is changing and Indian businesses are well positioned to ride this growth. You have shipping, payments and compliance covered with our cross-border shipping solution, all in one place while you focus on growing your brand and with it you can also easily expand your eCommerce business to the whole wide world.
The global market is ready for your products and we are here to transform complex globalization into an easy step for you. With their resources and digital tools, you have everything you need at your disposal to meet any demand in a market.
Are you excited to take your business to the next level? With ShiprocketX, reaching and achieving international success is just a few clicks away!
