The Global E-Commerce Goldrush: How Retailers Can Find Online Riches Overseas

E-commerce is going global. For most brick-and-mortar retailers, however, expanding e-commerce into a foreign country is unknown territory. Based on research conducted by the Cisco® Internet Business Solutions Group (IBSG) Retail Practice, this video describes how retailers can implement best practices in buying, merchandising, marketing, website development, fulfillment, cross-border trade, payments, call centers, and IT to create an effective global e-commerce expansion plan. By doing so, a $50 billion mass merchant expanding into 11 countries could add $7 billion in incremental revenue over five years and increase its total growth rate from 17 percent to 31 percent. More info: http://www.cisco.com/web/about/ac79/globalecom

Category:

Science & Technology

Tags:

• global
• online
• global e-commerce
• online e-commerce
• e-commerce
• retail
• retailers
• cross-border trade
• brick-and-mortar
• buying
• merchandising
• marketing
• website development
• fulfillment
• payments
• call centers
• information technology
• IT
• market selection
• functional management
• online merchandising
• online marketing
• drop shipping
• local carrier operations
• customer support
• incremental revenue
• growth rate
• cisco
• ciscoibsg

[RedFlagCoalition]

This is solid advice for a beginner or somebody who is considering starting an e-comerce business