Thanks to increasingly widening economic globalization and continued technological developments, cross-border ecommerce is growing phenomenally year-on-year. According to China Everbright, the leading Hong based financial services company, cross border ecommerce was worth nearly $310 billion in 2015 and will continue growing at a rate of 27%.
Inspired by this phenomenal growth, this month will see a conference held in London on 24 May 2017 at The Platinum Suite at ExCel London. Sponsored by Global-e, the ecommerce Worldwide Cross-Border Summit is being billed as the place where ecommerce professionals from across the globe can find out about the latest cross-border ecommerce news and get valuable insights such as:
- Stress-testing cross-border ecommerce strategies
- Maximising trading opportunities internationally
- Starting trading overseas for companies wishing to expand
Speakers at the event will include:
- Vicky Bell, Head of eCommerce, Astley Clarke
- Freddie Chatt, Head of International, Amara
- Anna Leach, Head of Economic Analysis & Surveys, CBI
- Michael Truluck, Chief Executive Officer, La Redoute International
- Richard Longhurst, Co-Founder, Lovehoney
- Aimone Ripa di Meana, Chief Marketplace Officer and Co-Founder, Lazada Group
- Hans Kristian Furuseth, Head of Country Cluster UK, Zalando SE
- Gregor McMillan, Business Development – China, The Hut Group
- Jose Nino, Vice President, Global eCommerce and Digital Marketing, Perry Ellis International
- Mark Batty, Head of International, Boden
- Kai Li, Vice President, of International, Revolve Clothing
- Malcolm Scovil, Head of Business Development, Tophatter
- Melanie Smallwood, International Buying Director, Global Fashion Group
- Claire Flanagan, International Strategic Marketing Manager, Cotton Traders
As well as the speakers there will also be a number of breakout sessions too including one held by the head of international development at Boden and Kai Li of Revolve Clothing. This will look at how retailers can focus their efforts on China and deal with the ever changing ecommerce landscape in the Far East.
Another breakout session will be headed by Carl Miller of Global Retail Insights International, Noelle Reno of the Digital Shopping Channel and Freddie Chatt who is Head of International at Amara. This is designed to be of interest to those companies who wish to explore the possibilities of the United States of America Market and will focus on the the key factors that all success brands in America share:
- They have a culture of open innovation and collaboration
- They have a clear connection with their consumer and their needs.
There’s no doubt that we will see many more of these types of events over the next few years as cross border ecommerce continues to grow. With people across the world now as a whole becoming more comfortable with ecommerce, many are now happy to buy from other countries. Subsequently, this means that cross-border ecommerce has become the next great bastion of opportunity for online retailers. Recent studies suggest that in just a few years, cross-border ecommerce will be worth over $1 trillion or almost 30 percent of all B2C retail transactions.