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179 Protecting your International Profits with Lucy Marshall from World First
アーカイブされたシリーズ ("無効なフィード" status)
When? This feed was archived on August 03, 2022 08:07 (). Last successful fetch was on March 15, 2019 01:26 ()
Why? 無効なフィード status. サーバーは持続期間に有効なポッドキャストのフィードを取得することができませんでした。
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 185853507 series 173119
If you’ve decided to expand your business to the international market, you may have discovered that protecting your profits can sometimes be a challenge. How can you sell your products efficiently and still make money while considering the currency conversion? Although it sounds simple enough, Lucy Marshall from World First shares some useful tactics for expanding your ecommerce business abroad. Lucy is an expert in international ecommerce and for five years, she has specialized in helping entrepreneurs grow their businesses with logistics and brand building.
On today’s episode, she explains the framework required to expand your market into other countries. Lucy describes the logistics that are vital to the market of your product in different countries other than the U. S. and, more importantly, she mentions the notion of taxes, compliance, and regulations of certain products in other countries.
An important note **
In minute 7-8, Lucy discusses registering for VAT and how to calculate those costs. It should be noted, that she does not work at a VAT company, nor is she an expert on the subject matter. Please note that while you should have a VAT number when selling internationally, you should also consult with a VAT consultant who understands the ins and outs of how this factors into your global business.
“It’s a little bit of overhead in terms of getting set up, but there’s a huge opportunity to spike your sales by selling internationally.”- Lucy Marshall
Today on the Unstoppable Entrepreneur Show:
- Researching your product that will sell in other countries based on regulations and compliance
- Evaluating your profit after shipping and marketing
- Considering an analytical firm to support you with research
- Studying the VAT (value added tax) regulations of the country you’re selling for compliance
- Shipping techniques to handle your products
- Knowing the listing description in the native language of the country you’re selling
- Exploring the international market for specific consumer targets such as holidays and consumer trends
Lucy’s words of wisdom:
- Know the currency value of your product and obtain the tools to maximize your profits
- Research your market and product internationally and determine currency conversion
Connect with Lucy Marshall:
Leave a review to enter for a chance to WIN!!???
??
If?you enjoyed today’s episode of?The Unstoppable Entrepreneur Show with Robyn Johnson?–?leave a review on iTunes and you could win a free one-hour consultation with Robyn!???
??
Follow?this link?to enter for a chance to win!?
104 つのエピソード
アーカイブされたシリーズ ("無効なフィード" status)
When? This feed was archived on August 03, 2022 08:07 (). Last successful fetch was on March 15, 2019 01:26 ()
Why? 無効なフィード status. サーバーは持続期間に有効なポッドキャストのフィードを取得することができませんでした。
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 185853507 series 173119
If you’ve decided to expand your business to the international market, you may have discovered that protecting your profits can sometimes be a challenge. How can you sell your products efficiently and still make money while considering the currency conversion? Although it sounds simple enough, Lucy Marshall from World First shares some useful tactics for expanding your ecommerce business abroad. Lucy is an expert in international ecommerce and for five years, she has specialized in helping entrepreneurs grow their businesses with logistics and brand building.
On today’s episode, she explains the framework required to expand your market into other countries. Lucy describes the logistics that are vital to the market of your product in different countries other than the U. S. and, more importantly, she mentions the notion of taxes, compliance, and regulations of certain products in other countries.
An important note **
In minute 7-8, Lucy discusses registering for VAT and how to calculate those costs. It should be noted, that she does not work at a VAT company, nor is she an expert on the subject matter. Please note that while you should have a VAT number when selling internationally, you should also consult with a VAT consultant who understands the ins and outs of how this factors into your global business.
“It’s a little bit of overhead in terms of getting set up, but there’s a huge opportunity to spike your sales by selling internationally.”- Lucy Marshall
Today on the Unstoppable Entrepreneur Show:
- Researching your product that will sell in other countries based on regulations and compliance
- Evaluating your profit after shipping and marketing
- Considering an analytical firm to support you with research
- Studying the VAT (value added tax) regulations of the country you’re selling for compliance
- Shipping techniques to handle your products
- Knowing the listing description in the native language of the country you’re selling
- Exploring the international market for specific consumer targets such as holidays and consumer trends
Lucy’s words of wisdom:
- Know the currency value of your product and obtain the tools to maximize your profits
- Research your market and product internationally and determine currency conversion
Connect with Lucy Marshall:
Leave a review to enter for a chance to WIN!!???
??
If?you enjoyed today’s episode of?The Unstoppable Entrepreneur Show with Robyn Johnson?–?leave a review on iTunes and you could win a free one-hour consultation with Robyn!???
??
Follow?this link?to enter for a chance to win!?
104 つのエピソード
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