
Global Commerce
Designed to enhance eCommerce functionality, Global Commerce from Digital River equips users with a powerful Commerce API. This toolset facilitates seamless management of product catalogs, promotions, and user accounts, empowering businesses to efficiently administer their online stores and optimize their digital commerce strategy for improved performance and customer engagement.
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Global Commerce Review and Overview
Going global has become a necessity with increasing international integration. We are now focusing on borderless business, selling products and providing services beyond national borders. The main aim is to attract customers from all over the world and to gain their trust. This is possible by online sales and marketing. Customers are switching to international brands to meet their needs. This is due to better product quality and service availability. Customers are willing to pay any price to get what they are looking for.
Need and challenges faced
Digitalization is breaking all borders. This is a golden opportunity for businesses to expand their market. The emerging wealthy middle-class consumers are switching to shopping from online merchants. This rapid expansion of E-commerce is bringing in a lot of benefits for entrepreneurs and customers, especially in countries like China, Brazil, Poland, United Arab Emirates, and India, where E-commerce is growing at an unprecedented rate. However, global E-commerce presents major challenges – choosing products that are suitable for the overseas marketplace, making the products look appealing to the customers, managing payments, shipping of products, managing the profit margin after cutting the tax costs.
Foundation for a strong E-commerce network
This requires taking into account – a local market trend of each country, technology adoption, delivery, financial structure, import taxes, and government restrictions. Countries all over the world speak different languages. For expanding your network internationally, adopting different languages becomes a necessity. Another good idea would be looking into a market where English as a second language. For establishing yourself in the market, your payment system plays an important role. Therefore, it is necessary to adapt to local payment preferences. In the end, a major factor in customer satisfaction.
Digital river – Global e-Commerce
Digital river helps build your store quickly and accelerates global expansion. The Digital river focuses on Commerce with Accountability. It provides global E-commerce with salient features as – multi-currency support and conversion, tax calculation and management, fraud screening and liability guarantee. Digital river gives us the benefit of local acquiring, offering the right local payment method.
Top Global Commerce Features
- Comprehensive catalog management
- User-friendly product administration
- Advanced deal creation tools
- Secure user account management
- Integrated payment processing
- Real-time inventory tracking
- Multi-channel sales integration
- Robust analytics and reporting
- Customizable storefront design
- API for third-party integrations
- Automated order fulfillment solutions
- Mobile-responsive interface
- Streamlined customer support tools
- Enhanced SEO capabilities
- Flexible shipping options
- Multi-currency support
- Detailed user behavior tracking
- Subscription management features
- Easy returns processing
- Scalable architecture for growth