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This document has not formally been edited by the International Trade Centre. Digital images on the cover: It identifies the bottlenecks and requirements of e-commerce participation and presents examples of best practices in regulating cross-border e-commerce.
The paper addresses competitiveness issues in each segment of the cross-border e-commerce process chain, including establishing business online, international e-payment, cross-border delivery and aftersales services. It provides a checklist of the essential ingredients for SME success in cross-border e-commerce, by examining enabling factors at the firm level, immediate business environment level and national policy level.
The paper also reviews global cross-border e-commerce and offers a deeper analysis of selected economies.
The paper serves as a starting point for a public private dialogue on e-commerce, especially for SMEs in developing countries. Marion Jansen jansen intracen. International Trade Centre Short extracts of this technical paper may be freely reproduced, with due acknowledgement of the source.
Permission should be requested for more extensive reproduction or translation. A copy of the reprinted or translated material should be sent to ITC.
E iii Transformations in the landscape of trade and technology have fundamentally altered the way we purchase and consume goods and services. As the costs of international communication and transportation decrease, and the demand for immediacy increases, suppliers are increasingly turning to e-commerce and e-platforms as the preferred method for reaching clients.
Online shoppers are experiencing a revolution in their buying habits, often seeking options in other countries and regions. These changes can offer significant opportunities for businesses in both developed and developing countries to expand their outreach into global markets.
By any measure, e-commerce is big business. E-commerce represents a sea change in the way that trade is conducted, and offers great potential to contribute to the United Nations Global Goals. For many people, e-commerce is becoming business as usual.
And yet, many developing countries are still not taking full advantage of this opportunity. Cross-border e-commerce has opened up a new, more efficient way to connect producers and merchants directly to customers around the world, bridging the gap between demand and supply.
It opens new opportunities by providing new markets, products and services but also by reducing the role of intermediaries, which can result in substantial purchasing discounts.
Cross-border e-commerce also provides a unique opportunity for small and medium-sized enterprises SMEs in countries and regions that may traditionally have found it difficult to reach regional and international markets — such as landlocked developing countries LLDCs — and connect with potential buyers beyond their borders.
This report provides practical guidance on how to ensure that the opportunities posed by e-commerce are accessible to SMEs, especially those in developing countries. In practice, a number of barriers effectively preclude the involvement of a majority of SMEs.
Key among them is the level of shipping costs, which can be especially high for small volumes of traffic from remote SMEs.Focus Business Bank Announces Unaudited Financial National Futures Association adopts recommendations from an independent analysis of NFA's Peregrine Financial Scotia iTRADE Retains.
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