As a fairly new ECA you’re in the point of deciding the best strategy to start your business. . As you stated you can either start selling your products in your region or sell them internationally. Which is better?
You can find out the best for starting your ECA by taking into consideration the following points:
- How much is your starting budget?
Depending on the products compare the cost of shipping and handling locally versus internationally. Consider also your business operation cost such as cost of maintaining warehouse for your products, utility cost or if you’re employing the drop shipping method there are cost involved in maintaining your inventory to avoid items getting out of stock. What about the cost of warranty, shipping returns and so on?
- What kind of products are you selling?
If you’re selling digital products, you can save on shipping and handling cost. If you’re selling expensive and fragile products such as jewellery, electronic products, etc., you’ll need to consider cost for special packaging and additional charge for goods insurance. If you’re shipping locally, you don’t have to worry about customs and taxes, while shipping internationally will incur these charges for your products to be shipped.
By taking into consideration the factors above, you’ll be able to figure out what’s the best for starting your ECA business.
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As a fairly new ECA you’re in the point of deciding the best strategy to start your business. . As you stated you can either start selling your products in your region or sell them internationally. Which is better?
You can find out the best for starting your ECA by taking into consideration the following points:
- How much is your starting budget?
Depending on the products compare the cost of shipping and handling locally versus internationally. Consider also your
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