How to implement the no-source model in cross-border e-commerce? How to do cross-border e-commerce well?

With the continuous development of cross-border e-commerce, more and more merchants are opening stores here. If you want to do cross-border e-commerce, you still need to meet the conditions. So how to do the cross-border e-commerce no-source model? The following content will answer your questions.

How to implement the no-source model in cross-border e-commerce ?

The literal meaning of the online no-source model is that the seller does not have the goods in hand, but can still list the goods on the store and place an order, and finally ship the goods to complete the order. To do cross-border e-commerce without a source, you need to open your store on the cross-border e-commerce platform first, then choose the products you want to sell, and then find the factory source on Alibaba 1688.

The factory needs to be able to provide drop shipping services, the supply of goods must be stable, and the service must be timely. As for the profit margin, that is up to you to negotiate with the factory.

After opening a store and finding a supplier, negotiate the price policy, return policy and delivery time for dropshipping. Then ask the factory to issue you a brand authorization, upload the pictures and product information provided by the manufacturer to your cross-border e-commerce website, and you can start selling.

After a customer places an order, your shipping factory is notified to ship the goods. After the customer receives the goods, he/she will confirm receipt with you. The money will be deposited into your account. You will then confirm receipt with the shipping factory, and the difference you earn is your profit.

How to do cross-border e-commerce well?

1. Product positioning

For novices, product positioning is one of the more difficult aspects of cross-border e-commerce operations. Therefore, it is necessary to do preliminary investigations before operation. People around the world have different tastes and preferences. Understand the specific sales direction of the product and the degree of people's demand, and ensure that the target overseas market has demand for your product. In addition, whether the product brings huge demand, profit margins and development prospects also needs to be considered in advance.

Self-analysis selection: Only when you have enough understanding of yourself can you choose the products suitable for your platform. For example, what kind of products do you like to make? Is this product suitable for your own platform? In this way, you can understand these products more comprehensively, constantly explore the market value of these products, and open the door to the market.

Competitor analysis selection: Knowing your competitors is the key to defeating them. Therefore, understanding your competitors and not imitating or blindly following them is the key to winning sales.

Market analysis and selection: Starting from the market capacity, understand the supply and demand relationship, control the consumer's demand points, and determine whether the product meets the market development needs.

2. Choose the right platform

Choosing the right platform is an important step in cross-border e-commerce operations. Each platform has its own operating rules. Know them clearly in advance to avoid detours and waste of resources!

3. Determine the pricing and taxation strategy that is appropriate for the market you want to enter

No matter where you choose to expand your business, you will have to deal with regional tax regulations. Taxation for cross-border e-commerce operations can be complex and cumbersome, so it is important to consider tax requirements and the potential impact on your business when preparing your expansion strategy. At the same time, you need to consider shipping costs, domestic delivery costs, insurance, sales commissions, etc., which will be considered in your pricing.

4. Consider working with third-party logistics services

A third-party logistics (3PL) service can alleviate much of this stress and may even save you some money. However, be aware of the differences in features like delivery timeframes and inventory receiving and storage possibilities. These will impact your end-user experience.

With the rapid development of e-commerce platforms in recent years, domestic e-commerce has become increasingly difficult, prices have become more transparent, and homogeneity has become more serious, so many people have turned their attention to cross-border e-commerce. In fact, cross-border e-commerce is also a good development trend.

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