Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau

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Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau
Growing Your Global eCommerce       World Trade Month

Sales                             Go Global
                                Webinar Series

                                 Webinar #2: May 27, 2021
Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau
Go Global Webinar Series
                           We are here to help you Go Global.
Learn about the logistics of growing global eCommerce including tips for handling payment and
shipping in the electronic environment. The session will also include Federal support programs for
                                       all your export needs.

                         Brought to you by your federal trade partners:
                         •  U.S. Small Business Administration
                         •  Export-Import Bank of the United States
                         •  U.S. Census Bureau
                         •  U.S. Commercial Service

  Access more international trade resources on www.trade.gov/export-solutions.
Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau
Growing Your Global eCommerce Sales

           Wendy Peebles
           Lead Outreach Coordinator
           U.S. Census Bureau
                                       GO GLOBAL Webinar Series
Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau
KEY TAKEAWAYS
Growing Your Global eCommerce Sales

Actionable Insight on Shipment & Payment in a
Virtual Environment

How can the Federal Government help you grow
your global business?
Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau
AGENDA
        Growing Your Global eCommerce Sales
I. Introduction to Common Logistics Questions/Issues- James Bledsoe, U.S. Department of
   Commerce
II. Key Insights on Shipment & Payment in a Virtual Environment – Tawnee Steinke, Zonos, Inc.
III. Next Level Resources for Expanding Sales- Federal Programs
   o Department of Commerce- James Bledsoe, Director, eCommerce Innovation Lab
   o Small Business Administration- Michele Schimpp, Acting Associate Administrator for
     International Trade
   o EXIM Bank- Steve Maroon, Director of Marketing
   o U.S. Census Bureau- Wendy Peebles, Lead Outreach Coordinator
IV. Q&A – Moderated by Steve Maroon, EXIM
Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau
Introduction to Common Logistics Questions/Issues

                 James Bledsoe
                 Director, eCommerce Innovation Lab
                 U.S. Commercial Service
                                                      GO GLOBAL Webinar Series
Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau
Top eCommerce Business Issues We Can Help With

      1. Lack of Business Digital Strategy & Knowhow
           •   Solutions: CS Digital Strategy Counselling

      2. Lack of eCommerce Service Provider Awareness
           •   Solution: eCommerce Business Service Provider Referral

      3. Help identifying non-tariff barriers
           •   Solution: Traditional Counselling

      4. Shipping/Logistics Costs
           •   Solution: Traditional Counselling

      5. Online Payment Solutions
           •    Solution: eCommerce Business Service Provider Referral

           Source: Statista, eCommerce Worldwide Study
Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau
Slides- Insights on Shipments &
Payments in a Virtual Environment

              Zonos Inc
              St. George UT
Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau
Get your business ready
for international eCommerce

                              © 2021 All rights reserved
Go Global Webinar Series - Growing Your Global eCommerce Sales - Census Bureau
Tawnee Steinke
Director of Global Partnerships
     tawnee@zonos.com

        Tawnee is head of Global Partnerships at Zonos overseeing the
     Business Development department. In her role, she is responsible for
    helping to grow and expand the company by helping online merchants to
      convert international shoppers into lifelong customers. Being a small
    business owner herself with a focus on eCommerce she understands the
                   difficulties and rewards of online business.

      Learning to navigate international ecommerce with Zonos for over 6
      years has helped her to be successful in opening new markets and
       adding growth to the company. Customer experience has been an
     important part of her career and will continue to adapt to the changing
                                     times.

                                                                               © 2021 All rights reserved
International Trends.
  Ecommerce is growing                     Negative buyer experience

  22%
            in 2020! Up from
            300bn in 2015!                 20% of all shipments are being
                                           stopped at the border                     1

                                           81% of people had a bad delivery
  Global ecommerce reached                 experience in 2020                    2

                                           58% will stop buying from a retailer
                                           after a bad experience
  $4.5tn
                  of ecom will be cross-                                                 3   fd

                  border by 2022

                                            1. DPD and ParcelHero independent quotes. 2021
                                            2. Metapack eCommerce Benchmark Report, 2020
                                            3. BigCommerce, “Shipping, Delivered - Best Practices and expectations 2020

                                                                                                                          © 2021 All rights reserved
Localized Website                                  Shipping

                      Simple Google search, no language barriers, and    Customers are looking typically for free or flat rate
                      easy to use address fields                         shipping

         The US
Imagecustomers
      placeholder
graph or image goes

  online buying
        here
                        Payments                                        No Surprises
     experience       You know the exact cost, with fast easy options   Receive your product quickly and have a
                      for payments                                      happy customer

                                                                                                          © 2021 All rights reserved
The international buying
                                   experience for shoppers
Shipping costs                            Delivery                       Duties & taxes
Shipping costs are unclear                 Vague delivery expectations    Collection of duties and
   with limited options                                                  taxes after the order upon
                                                                                  delivery

Payment fees                              Exchange rate                  Bad experience
Additional fees for an                    Foreign exchange rate is       Nothing but surprises in a
international credit card, not a          unknown                        difficult situation
lot of options

                                                                                              © 2021 All rights
                                                                                                     © 2021        reserved
                                                                                                             All rights reserved
Complicated conversion
Higher abandon rate without
                                   Multiple languages
                                   More questions manually
                                                                       The
localized experience               touching orders in other
                                   languages                      international
                                                                     buying
                                                                   experience
Multiple currencies                Difficult process
                                                                       for
    Lorem ipsum dolor sit amet,
    consectetur adipiscing elit,
                                   Lorem ipsum dolor sit amet,
                                   consectetur adipiscing elit,
                                                                   merchants

                                                                          © 2021 All rights reserved
Shoppers may abandon merchants as well
               as carts

     https://www.canadapost.ca/blogs/business/ecommerce/conversion-and-
   abandonment-the-ingredients-you-need-to-maximize-your-checkout-experience/

                                                                                © 2021 All rights reserved
In the past year international
                        fraud has increased by 46%
                                            *transunion

  Strict rules for                Retailers restrict high            Technologies not setup
international fraud                  risk countries                     for international
  Payment companies have             Online retailers will shut       Address verification is difficult
stricter rules about the types    countries off that have a higher      with international orders
of orders they will accept with        percentage of fraud
     international orders,

                                                                                                          © 2021 All rights reserved
Total Landed Cost

       Image

                    © 2021 All rights reserved
Brexit, UK VAT and EU VAT

The New Rules                                                         Effect

   ●    Brexit - EU/ UK customs clearances                               ●     EU ‘doubling-down’ on transport disruption

   ●    UK VAT - mandatory HMRC registration for low-value goods         ●     “53% of cost is in the final mile of delivery” -BI Intelligence

   ●    EU VAT - €22 de minimis removal                                  ●     Customs Delays resulting in bad delivery experiences

   ●    Introduction of IOSS and end of distance selling thresholds      ●     Increased Merchant Responsibility

   ●    Market places deemed supplier

       81% of consumers had a bad                                              59% of consumers blame the
         delivery experience last year!                                                                carrier!

                                                                                                                                                 © 2021 All rights reserved
https://docs.zonos.com/guides

Zonos
guides
for cross
border

                                            © 2021 All rights reserved
Zonos Hello
Zonos
Hello                         Free Duty & Tax Quotes for
Set International customers
                              Shoppers
expectations

                              The first step in improving the
                              international buying experience.

           Plugins            Shoppers get estimates duties and taxes
                              as they add items to their cart
             JS
              JSsites and
     For custom
       other platforms
      For custom sites and
        other platforms

                                                                        © 2021 All rights reserved
Next Level Federal Resources

                             James Bledsoe             Michele Schimpp
                             Director, eCommerce       Acting Associate Administrator for
                             Innovation Lab            International Trade
                             U.S. Commercial Service   U.S. Small Business Administration

                                                                                Wendy Peebles
Stephen Maroon                                                                  Lead Outreach
Director of Digital Marketing                                                   Coordinator
Export-Import Bank of the U.S.                                                  U.S. Census
Next Level Federal Resources- DOC

         James Bledsoe
         Director, eCommerce Innovation Lab
         U.S. Commercial Service
                                              GO GLOBAL Webinar Series
The world is open for your business.
                                                                 Our global network of experienced trade professionals is located throughout the United States and in
                                                                 U.S. Embassies and Consulates worldwide. Whether you’re looking to make your first export sale or
                                                                 expand to additional markets, we offer the expertise you need to connect with lucrative opportunities
                                                                 and increase your bottom line.

Let our global network work for you.
                                                                 Our Services
 Worldwide Recognition
 As the U.S. government, we can open doors that no one else               Export Counseling
 can in markets around the world.                                         • Develop effective market entry and sales strategies.
                                                                          • Understand export documentation requirements and import regulations of foreign markets.
 Global Network                                                           • Navigate U.S. government export controls, compliance and trade financing options.
 Our unmatched global network with trade experts in more
 than 80 countries can provide you with on-the-ground                     Market Intelligence
 knowledge and connections.
                                                                          • Analyze market potential and foreign competitors.
                                                                          • Obtain useful information on best prospects, financing, laws, and cultural issues.
 Results Driven                                                           • Conduct background checks on potential buyers and distributors.
 Our expert, in-person counseling is unparalleled and designed
 to help you succeed in global markets.                                   Business Matchmaking
                                                                          • Connect with pre-screened potential partners.
                                                                          • Promote your product or service to prospective buyers at trade events worldwide.
                                                                          • Meet with international industry and government decision makers in your target markets.

                                                                          Commercial Diplomacy
                                                                          • Overcome trade obstacles to successfully enter international markets.
                                                                          • Benefit from coordinated U.S. government engagement with foreign governments to
                                                                          protect U.S. business interests.
We are where you are, and where you want to be

Light green - Open Office(virtual services with limited delays)   Grey - Vacant / Unstaffed
Yellow - Open (virtual services with significant delays)          White - Other / No data
Red – Closed
Resources- Online Market Research

                                                                              Trade.gov/eCommerce
                                                                              Explore eCommerce Resources

U.S. Department of Commerce | International Trade Administration | U.S. Commercial Service
Next Level Federal Resources- SBA

         Michel Schimpp
         Acting Associate Administrator for International Trade
         SBA Office of International Trade
                                                        GO GLOBAL Webinar Series
The SBA Can Keep You Competitive

Business Intelligence     Grants to Reach               Financing for Your
for Changing Times        International Buyers          International & Supply
                                                        Chain Sales
Get advice on exploring   See if your state/territory   Contact your local export
export markets at         offers grants at              finance manager at
sba.gov/tradetools        sba.gov/international         sba.gov/international
SBA’s Trade Tools for International Sales

One-Stop Website for Information on Exporting and Importing for
Small Businesses. Learn about:
• Developing an export plan
• Federal and local resources available to help small businesses
• Identifying markets, including information about U.S. trade
  agreements, such as USMCA, and the opportunities created for
  small businesses.
• Laws and Regulations that impact trade, including customs, tariffs,
  intellectual property, and e-commerce.

Want to learn more?

• Visit www.sba.gov/tradetools.
• Information is available in English and Spanish.
                                                                        28
Business Intelligence for Changing Times

SBA’s Fast Track Service

• Meet privately with SBA senior trade and technical staff to discuss
  unique needs
• Quickly access to accurate information, guidance on eligibility
  requirements
• Receive introductions and professional referrals to Federal, State or
  local resource partners

How to Schedule Fast Track Service and SBA’s International
Trade Hotline?

• Call SBA toll free at (855) 722-4877 or send an email to
  international@sba.gov
                                                                          29
Grants to Help You Reach
  International Buyers
 The State Trade Expansion Program or STEP
 provides grants to U.S. states/territories to
 help small businesses to go international.

 • Eligible Uses of Funds include:
       − Training workshops
       − In-person and Virtual trade missions
       − Services to support foreign market entry
       − International Partner Search
       − Website optimization for global sales
       − Translate websites to attract foreign buyers
       − Designing marketing media and more

 Visit sba.gov/STEP to find out if your
 state/territory is participating in STEP.
Overcome Financing Challenges

SBA can work with your lender to help you overcome
financing challenges such as:

• Canceled or reduced buyer credit insurance coverage
• Reduction in lines of credit or working capital financing
• Demand by foreign buyers for performance guarantees on
  advanced payments
• Supply chain issues: extended payment terms from OEMs
Financing Your
        International & Supply Chain Sales
Loan options for direct and indirect exporters (i.e. supply chain):

• Export Express for business development
    − $500,000 limit
• Export Working Capital to fulfill your international & supply chain
  orders
    − $5 million limit
• International Trade Loan for expanding your production capacity,
  re-financing debt, and reshoring
    − $5 million limit

           Export Finance Managers at www.sba.gov/international
Get International Trade Support From SBA

• For assistance with trade barriers and SBA Fast Track Service call SBA
  toll free (855) 722-4877 or Email international@sba.gov

• For a list of State Trade Expansion Program (STEP) with grants visit
  www.sba.gov/STEP

• For export finance questions and help navigating SBA resources, locate
  and connect with one of our Export Finance Managers at
  www.sba.gov/international

• Explore Opportunities at www.sba.gov/tradetools (Spanish version available.)

• Stay Informed with SBA’s OIT’s Newsletter and Webinars:
  sba.gov/newsroom
Next Level Federal Resources- EXIM

         Stephen Maroon
         Director of Marketing
         Export-Import Bank of
         the United States       GO GLOBAL Webinar Series
Export-Import Bank of the United States (EXIM)

EXIM’s Products Help U.S. Companies Grow Sales
• Export Credit Insurance
     • Allows exporters to protect against buyer
       nonpayment
     • Enables exporter to extend open account credit
       terms to buyers
• Medium- and Long-Term Insurance and Loan Guarantee
     • Assists international buyers in obtaining lender loans
       to purchase U.S. capital goods and services.
     • Typically one to seven year terms and longer for
       large projects, aircraft, etc.
Next Level Federal Resources- Census

          Wendy Peebles
          Lead Outreach Coordinator
          U.S. Census Bureau
                                      GO GLOBAL Webinar Series
Census Resources
• Census COVID-19 Data Hub
• Census Business Builder
• Global Market Finder

                             37
Census Resources
• Schedule B Search Engine
• Webinars and Training
• International Trade API

                             38
Contact Information
• International Trade Help Line 800-549-0595

   • Automated Export System, Option 1
   • Schedule B Commodity Classification, Option 2
   • Foreign Trade Regulations and Export Filing Requirements, Option 3
   • Trade Data Productions, Option 4
   • Outreach Activities, Option 5

   Census Academy www.census.gov/academy

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Questions?
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