Why don’t I want to do cross-border e-commerce anymore after working in it for half a month?

As an emerging trade model, cross-border e-commerce has attracted the attention of many entrepreneurs. However, not everyone can succeed in this field. Some people give up after trying for half a month. This article will explore several reasons that may cause entrepreneurs to give up cross-border e-commerce, as well as the funds needed to start cross-border e-commerce.

1. Why do I not want to do cross-border e-commerce after working for half a month?

There may be several reasons why entrepreneurs give up cross-border e-commerce in the short term:

Intense competition: The cross-border e-commerce market is highly competitive, and it is difficult for new entrants to quickly gain market share.

Complex regulations: The laws, regulations and tax policies of different countries are complex and difficult for new entrepreneurs to adapt to.

Logistics challenges: Cross-border logistics are costly, time-consuming, and prone to loss or damage of goods.

Language and cultural barriers: There are language and cultural differences in communicating with consumers in different countries.

Technical threshold: Establishing and maintaining a cross-border e-commerce platform requires certain technical support.

Financial pressure: Starting and operating a cross-border e-commerce business requires a certain amount of capital, and the payback period is relatively long.

Insufficient market research: Insufficient understanding of target market needs and consumer preferences leads to unpopular products.

Lack of experience: Lack of cross-border e-commerce operation experience and marketing skills.

2. How much capital does cross-border e-commerce require?

The funds required to start and operate a cross-border e-commerce business vary depending on business size, market positioning, product type, etc. Here are some of the main funding requirements:

Platform construction: Building your own e-commerce platform requires investments in website development, server rental, and other expenses.

Platform usage fees: When using a third-party e-commerce platform, you may need to pay store opening fees, transaction fees, etc.

Product procurement: Depending on the product type and procurement volume, a certain amount of procurement funds is required.

Logistics costs: including freight transportation, warehousing, insurance and other costs.

Duties and taxes: Depending on the import policy of the target country, you may need to pay certain duties and taxes.

Marketing promotion: including advertising fees, promotional activities fees, social media promotion fees, etc.

Operating costs: including employee salaries, office space rental, software subscription fees, etc.

Emergency funds: used to respond to emergencies such as market changes and policy adjustments.

Although cross-border e-commerce has huge market potential, it also faces many challenges. Entrepreneurs may give up in the short term due to fierce competition, complex regulations, logistics challenges, etc. Starting a cross-border e-commerce requires a certain amount of funds, including platform construction, product procurement, logistics costs, etc.