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[Step by Step] What are the Common Mistakes to Avoid in Cross-Border Commerce? (Feat. Peter van der Westhuizen)

Future Commerce
Future Commerce
Episode • Mar 25, 2022 • 30m

A Lesson in Complex Systems 

  • Peter is the manager of Strategic Partnerships at BigCommerce and works to help solve the pain points of tax and cross-border 
  • “Tax is one of the more complex issues that merchants have to work through when it comes to cross-border commerce.” -Peter
  • Localization, offering the correct payment gateways, and fraud management are just a few things that will help make a seamless experience for your customers
  • Shipping can be a big problem when it comes to cross-border. You need to look at having the right partnerships and you also have to consider how you are going to manage returns.
  • “Returns is often overlooked as a really core component of eCommerce, but it's so important when you consider the cost to acquire a new customer versus retaining a customer and keeping a customer happy and coming back.” -Peter
  • There’s a risk in that part of your experience as a brand operator is fractured and part is localized. 
  • “If you just do a little bit of research, have your homework done and in place, and have the right partner stack, it's very doable and the opportunity becomes better every day as a lot of these markets continue to grow. So I wouldn't focus on the complexity. I would just get the right strategy in place, get the right partnerships in place to help you take advantage of the opportunity.” -Peter

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Future Commerce Podcast: eCommerce, DTC and Retail Strategy • [Step by Step] What are the Common Mistakes to Avoid in Cross-Border Commerce? (Feat. Peter van der Westhuizen) • Listen on Fountain