Welcome to our fortnightly update for all things eCommerce shipping! Keep up to date with the latest shipping news, trends and advancements. This update is designed to help you stay one step ahead of the competition. Whether you are an eCommerce entrepreneur, logistics provider, or just interested in the industry, check out the latest in this fast-paced and ever-changing market.
Will Try Before You Buy (TBYB) Become the New Industry Standard?
Paris-based try before you buy (TBYB) start-up Elyn, has just raised $2.7 Million to fuel international growth. Currently focusing on just French Shopify merchants, Elyn allows customers to trial products for 5 days, boosting conversion rates by 30%. With Amazon launching its own apparel TBYB program for Prime members, Elyn cofounder El Mehdi Hachad predicts:
“Just like free returns and free shipping, every major eCommerce brand will offer a TBYB option in the next 12 months.”
eCommerce Profitability in 2023: Focus On Existing Customers and Effective Fulfillment
A research paper released last week by eCommerce platform VTEX, highlights focusing on repeat purchases can help increase margins in the 2023 market. Especially when it is becoming increasingly expensive to win new customers. The paper also indicates making effective fulfillment a core pillar of your business, like Amazon, can help transform delivery into a competitive advantage.
Southeast Asia Forecast as the Leading Region for 2023 eCommerce Growth
eCommerce sales in Southeast Asia are expected to grow at over 18.5% a year in 2023, significantly more than the global market forecast of 8.9%. The outlook is particularly strong in Indonesia, driving growth in the region with a 20% 2023 increase. Despite eCommerce growth expected to drop in other regions, Southeast Asia leads the world for the third year in a row. However, the region is still developing, trailing behind Latin America in overall market size.
eCommerce Start-up Founded by Ex-Amazon Exec Raises $90 Million in Funding
London-based start-up Threecolts, founded by ex-Amazon Yoda Yee, builds cutting-edge tools for third-party sellers on sales channels like Amazon, Walmart and eBay. To feed growth, it has just raised a staggering $90 Million. Since launching in 2021, Threecolts states its 22K customers have collectively generated more $30 Billion in sales, boosted profits by $200 million, and increased detail page conversions by 200%.
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Explore the innovative features that 100K+ merchants use to ship smarter, not harder. Shipping automation, live rates at checkout, live duty and tax – all free to try with Easyship.
What exactly does it cost to ship cross-border? Use the free duty and tax calculator from Easyship to view accurate import costs for any shipment to anywhere.
Prices are rising, deliveries are slowing. Get up to speed on the state of crowdfunding shipping with expert Easyship analysis and keep your campaign on budget.
Discover the Cheapest Shipping from USPS, UPS & FedEx
Find the guaranteed cheapest rates for any courier in seconds with Easyship’s free shipping rate calculator. Compare discount rates from USPS, UPS, FedEx, and 550+ courier services at a glance.
Find the guaranteed cheapest shipping in seconds with Easyship’s free shipping rate calculator. Compare discounted rates from USPS, UPS, FedEx, and 250+ global couriers at a glance.
Save up to 91% off shipping with Easyship’s discount courier rates. Create your free account to save instantly on 550+ courier services, including USPS.
Discover the Cheapest Shipping from USPS, UPS® & FedEx
Find the guaranteed cheapest rates for any courier in seconds with Easyship’s free shipping rate calculator. Compare discount rates from USPS, UPS, FedEx, and 250+ couriers at a glance.
Use Easyship’s free shipping policy generator to formulate your perfect holiday shipping policy for returns, tracking, and more. Just follow the prompts and you’re done!
Learn how to ship internationally without missing a step. Our case studies show you proven tactics for shipping worldwide from Easyship users who did it right.