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In this era of digitalization, there is no limit for eCommerce businesses to extend their reach. If you’re already running an eCommerce website, it will be much easier for you to expand your business to an international audience.
Think no more, and grab the opportunity to grow your business like never before by going global. Tapping the international market will not only give a boost to your business’ revenue but will also help you stand out from your competitors.
The best part is that a world of potential customers is waiting for you out there, just to purchase what you’re selling. With the high penetration of the internet across the developing nations and the developed ones, buyers now have better access to businesses that sell products online all over the globe. And, if your product catches the eye of your target market and is unique, buyers will never refrain from purchasing it.
In this article, we will dive deeper into how to sell products globally through an eCommerce website. First and foremost, put a plan in place. Before you explore the international market, have a strategy framed so that you can be well-prepared to provide your customers with an excellent shopping experience. Here are five critical areas of planning for expanding your business internationally –
The first part of planning your international expansion is researching your potential customers, what they like to buy, and their purchase behavior. Do your market research thoroughly.
Research demand for your product and the local buying trends of a country you wish to target. Look into the top countries that have a strong demand for your products.
Are there specific holidays during which your product might be popular? While you’re at it, try to learn as much as you can about consumers’ spending patterns and from which countries they typically buy.
In the next step, start researching how your international customers want to pay for their purchases. Your buyers’ payment preferences might vary depending on the country you are looking at. Most people would like to pay in their local currency. In case you are unable to offer payment in the local currency, do provide your customers with a currency converter so that they can at least see what they are paying. Also, choose a payment provider with a reputation, such as PayPal.
Your next step is to think about your shipping and returns plan. Firstly, set clear delivery expectations with your customers. International shipping takes longer than domestic shipping and costs more for customers, so it’s crucial to keep them in the loop. Provide them with accurate delivery information and list shipping costs in an easy-to-find place on your eCommerce website.
Also, establish a return policy, and when mentioning your policy, do consider –
Once you’ve decided where you’ll sell your products, take the time to look into specific rules and regulations for that country.
Optimize your current eCommerce website for international buyers. You can start by simply highlighting your ability to accept international orders with information on countries served and the shipping costs. Once you have more experience, you can look into listing your products in local currencies and eventually install a multi-language toggle for your website.
Once you plan to enter the international market, you might want to create a custom website for specific markets. This can include investing in a local domain name. The products and strategies that work in India may not necessarily work in other countries.
Hence, a targeted website gives you complete flexibility to test the best presentation of your items. It’s also a chance to optimize for the most popular search engine in the country you’re selling. (It might not be Google.) If you take this route, just remember to test the experience to make sure that elements like text translation, currency conversion, and calculation of delivery costs work correctly.
After you are done with the planning and strategizing, the next step is to make sure your website is ready to face your global audience. Since your website will be your company’s face for your international buyers, you must showcase the best one.
The increased exports also played a critical role in the economic growth of India. The most important export products currently are automobiles, pharmaceuticals, petroleum, jewellery and others. If you are looking to expand your business and want to sell Indian products internationally as a part of your eCommerce offering, here is a quick list for you to consider.
Now that you have planned to sell internationally and have also found solutions to overcome the barriers, it’s time to promote your products in a way that grabs the attention of customers.
Let’s start with the primary yet most effective marketing tactic, SEO or Search Engine Optimization. If you want to sell products internationally, make sure that you target popular keywords in your target market, either national or international. Google will help you know which keyword has got traffic from which demography. Work on those keywords to get yourself listed on popular search engines of your international market.
Follow and make connections with the audience based in your international market and target them using different social media channels. Try to put your market research knowledge in here while posting your social media posts and products.
The best thing about Google and Facebook advertisements is that they let you choose demographics where you want to showcase your advertisement. Select the demography where your target market is and run promotions efficiently.
Leave your comments to let us know whether these steps helped you or not. If you have any suggestions, let our readers know.
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