New help at hand for companies to expand their international sales

New help at hand for companies to expand their international sales
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Published: August 7th, 2019

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The Department for International Trade (DIT) has unveiled new help for companies looking to boost their international customer base.

The Department has launched a special tool for helping businesses of all shapes and sizes sell their products overseas by identifying potential electronic marketplaces

It says the move will help more companies tap into a global e-commerce industry which is projected to reach $4.1 trillion in 2020.

A spokesman said: "Our selling overseas tool supports UK businesses by providing them an easy search tool to match their products to suitable e-marketplaces.

"An e-marketplace is a great option for businesses looking to simplify the process of exporting. Think of Amazon Marketplace; an e-marketplace is a platform which processes the transactions and shipping of third-party businesses listed on their platform.

"A key benefit of e-marketplaces is that they present businesses with a straightforward and low-risk path to international consumers. Within an e-marketplace a business can attract consumers who are completely unfamiliar with their products as they browse. E-marketplaces allow businesses to reach out to new customers and develop their customer base whilst raising the profile of their brand internationally."

The selling overseas tool – the first government service of its kind – enables users to easily apply to leading overseas e-marketplaces and comes with added bonuses.

"By applying through the DIT tool your business is eligible for preferential agreements with 39 marketplaces including waived commission and exclusive marketing packages.

"Our selling overseas tool was designed to provide clear and relevant information to businesses looking to export. Located within our digital trade hub, the tool takes away the hassle of research and gives you profiles on various marketplaces with information including:

  • E-commerce adviser tips
  • Other businesses listed on this marketplace
  • Product positioning
  • Customer profiles
  • Marketplace requirements
  • Costs
  • Fulfilment and delivery
  • Marketplace support

"Even if you already sell directly to international consumers through your company website, using our tool to find new access points to global buyers means you can expand your customer base and potentially drive those customers to your website in the future."

To access the tool click here

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