The Street Articles

11 Tips to Grow Your Online Business Overseas February 16, 2015 | PayPal In the past years, I’ve been observing that  more and more consumers are  embracing the ease and convenience of shopping online. It's become part of the rhythm of life and the trend doesn’t seem to be slowing down. As the world gets smaller, consumers are shopping around the world which means opportunity is knocking for online businesses that want to sell overseas. If you want to make the leap, I’ve gathered some intel to help get you on the right track. 1. Build trust and a reliable reputation E-commerce is a new experience and consumers are naturally wary. Parting with your hard-earned money before seeing a product is a scary proposition. Make sure your delivery partner is reliable. Delivering what you sold on time and in one piece is paramount. A bad experience will reflect poorly on a seller’s credibility. If a product is not delivered on time, buyers are more likely ...

Set Yourself up for Success : Build Great Customer Relationships By PayPal There are three main reasons why consumers buy from a new online store rather than from an online competitor or an offline retail outlet. They are: Better  Price Broader or unique  Selection Greater  Convenience Whether you’ve found a way to undercut the competition with better pricing, have hit on a great process to make your shopping experience more convenient or have found a great “niche” (unique set of products that everyone wants to buy), you have a great competitive starting point. But it’s just that: a starting point. In today’s cluttered marketplace, it’s possible, or even probable that another business will swoop in and copy you. If they copy you well enough, they’ll be in direct competition and you’ll have to find a way to outperform them or your revenues will drop. But fear not. There is a way to protect yourself against the copycats. They may copy your...