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~ eShopWorld ~





                     ith the world adapting to new ways of    efficiency and scale, while offering fully optimised customer
                     doing business, brands and retailers must   journeys.
                             CROSS-BORDER
            Wcontend with a host of rapidly evolving
            new ‘norms,’ from changing shopper behaviour to   Sell international, feel local
                         ECOMMERCE TRENDS
            managing production, supply chain and logistics.   The central tenet of providing a tremendous cross-border
            In this new environment, cross-border e-commerce   shopper experience is ensuring that everything feels local and
            offers opportunities to those that are prepared.   authentic to the shopper. Brands can do this by translating
                                                                           their website into the local language, pricing
                      Cross-Border Shopping Continues to Grow Strongly     locally, calculating duties and taxes, offering
                                                                           payment options that are familiar to the
                                 May 2019
                               CROSS-BORDER                  May 2020  113%  shopper and increasing conversions, and
                                                                           providing top-class delivery and returns
                          ECOMMERCE TRENDS
              eShopWorld saw 113% growth in order volume in May            options.
                                                                           Other ways to provide a “domestic
                                 June 2019
                                                                           equivalent” experience for cross-border
                                                           June 2020  110%
                                                                           shoppers include having address auto-
                       Cross-Border Shopping Continues to Grow Strongly
              eShopWorld saw 110% growth in order volume in June           complete and look-up at checkout, offering
                                                                           returns to an in-country hub to expedite
             0%   20%  40%  60%  80%  100%  120%  140%  160%  180%  200%  220%
                                  May 2019                                 refunds and providing estimated delivery
                                                                           dates and tracking. Ultimately, the brand
                                                                 May 2020  113%
            Online channels were the benefactors of the lockdown   needs to create an authentic end-to-end experience for the
               eShopWorld saw 113% growth in order volume in May
                Consumers Drive Key Categories in May and June (year-over-year)
            period, with previously unheard-of growth across many   shopper. This starts before they even land on the website, with
            verticals – particularly grocery and home essentials. Apparel   localised, targeted marketing, and continues until the very last
                                  June 2019
            and footwear, on the other hand, seemed to lag behind   touchpoint.
            in domestic terms. However, data recently released by   99%   June 2020  110%
               Apparel grew
                                                                   110%
               eShopWorld saw 110% growth in order volume in June
            eShopWorld showed order volume growth of more than   Pain points for cross-border retailers
                                                    73%
            120%, driven by pent up demand for US and European   Providing an excellent experience for shoppers across
                 Sporting
             equipment grew  40%  60%  80%  100%  120%  140%  160%  180%  200%  220%
             0%
                  20%
            brands in cross–border markets.  37%              multiple international markets is complex, and according
                                                                   126%      to a survey conducted by Coresight for
              Footwear grew
                                                                   133%      the report, 31% of respondents said ‘a
                                                                             lack of expertise in multiple markets was
                Consumers Drive Key Categories in May and June (year-over-year)  holding them back,’ with operational
                                                    80%
                                       40%
                                                          100%
                                 20%
                           0%
                                              60%
                                                                 120%
                                                                             factors proving the most difficult – 41%
                                         May   June
                                                                             of respondents claimed managing import
                                                               99%
               Apparel grew                                                  tariffs and taxes was a barrier to cross-
                                                                       110%
                                                                             border expansion.
                       Top 10 Countries US Brands Are Finding Growth
                                                      73%
                  Sporting
              equipment grew  (as of June year-over-year; % in order volume)  Opportunities for brands
                                         37%
               Footwear grew  339%                                     126%   Brands already trading cross-border have
                                                                       133%   reaped the benefits during COVID-19,
                   350%                                                      capitalising on increased online shopping
                            0%    20%    40%    60%    80%   100%   120%     demand and consumer behaviour that
                   300%
                                                                             has changed – potentially permanently.
                                           May   June
                                                                             Not only are they reaching demographics
                   250%
                                                                             that previously didn’t shop online (55+),
                               277%
                   200%                                                      consumers are shopping more online than
                         Top 10 Countries US Brands Are Finding Growth
                                                              at any other time previously. Coresight Research’s recent US
                                   175%
                          (as of June year-over-year; % in order volume)
                   150%
            Insights and recommendations  168%  158%          consumer surveys recorded seven in ten consumers routinely
                                               144%
                                                   121%
            The Coresight report presents several critical findings   109%   98%   making more purchases online.
                   100%
            for brands and recommendations on how to deliver the
                            339%
                                                                83%
            best online cross-border experience for their shoppers,   Selling in new markets online is easier for brands than
                    50%
                    350%
            create brand loyalty, and increase conversions. It also   attempting to do so physically, and according to the report,
            discusses common pain points for brands looking to sell in   creates even more opportunities for reach and brand
                    0%
                    300%
                                South Africa
                                         Canada
                              Mexico
                           Chile
                                             Turkey
            international markets and how they can leverage the expertise   awareness: “As shoppers turn to e-commerce in greater
                                               New Zealand
                                                       Israel
            of a localisation partner to achieve speed to market, cost   Australia
                                                              numbers or more frequently, non-domestic retailers and
                    250%         Russian Federation     United Kingdom
                                277%
                    200%
                                     175%
                    150%
                                         168%  158%
                                                  144%
                                                      121%
                                                          109%   98%
                    100%
             June 2020                                      29     83%
             www.eshopworld.com
                     50%
                     0%
                                  Russian Federation
                            Chile   Mexico South Africa  Canada  Turkey    New Zealand  United Kingdom  Australia
                                                          Israel
              June 2020
              www.eshopworld.com
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