Skip to content
Search AI Powered

Latest Stories

More than half of online shoppers open to buying gifts from abroad

As online buying surges, more shoppers say they’ll consider buying gifts from other countries this holiday season—provided sellers have clear policies on pricing, delivery, and returns, survey shows.

Screen-Shot-2021-10-04-at-2.23.20-PM.png

As online buying accelerates and supply chain delays continue, more shoppers are willing to expand their shopping networks and consider buying from sources in other countries this holiday season, according to recent research from shipping and fulfillment technology company Logistyx Technologies.


More than half of 2,035 online shoppers surveyed said they are open to the idea of buying gifts for Christmas, New Year’s, and other holidays from other countries, but they also expressed concerns about on-time delivery. Nearly half said they’d be worried items wouldn’t arrive in time.

Logistyx surveyed shoppers from the United Kingdom, the United States, Australia, and Germany for the report this past August. They asked shoppers about their attitudes toward purchasing holiday gifts from other countries, and also examined which shipping-related factors would make them more confident in purchasing gifts from abroad.

Price, the uniqueness of a product, and seasonal promotions all play a role in why online shoppers would consider ordering gifts from abroad: 71% said they agree or strongly agree that the price of a product would factor into their decision to buy from another country; 69% said the same for the uniqueness of the product; and 60% pointed to holiday sales and promotions offered by the seller.

Respondents also sent a clear message about shipping and delivery-related factors that influence cross-border gift buying. Nearly 70% said the ability to track their order, receive an estimated delivery time, and access an easy returns process would affect their buying decision.

“Being clear and upfront about delivery costs and any additional payable taxes or duties also has a strong influence, something that particularly impacts purchases to and from the U.K. and the EU after Brexit, but is applicable worldwide,” the authors wrote, adding that 61% of the sample either agreed or strongly agreed that delivery charges would impact their decision to purchase a Christmas gift from a company based abroad and 61% said the same about additional duties or taxes on cross-border gift purchases.

“... [F]or retailers and direct-to-consumer companies to realize the true potential of overseas gift sales during the festive shopping season, there are some clear issues to address,” Logistyx CEO Geoffrey Finlay said in a statement announcing the research. “Ensuring they have reliable online tracking of shipments, dependable estimated delivery times, clear policies on returns as well as transparency regarding delivery costs and potential additional charges can all help to open up the potential to grow sales from other parts of the world during peak.”

Recent

More Stories

screen shot of AI chat box

Accenture and Microsoft launch business AI unit

In a move to meet rising demand for AI transformation, Accenture and Microsoft are launching a copilot business transformation practice to help organizations reinvent their business functions with both generative and agentic AI and with Copilot technologies.


The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.

Keep ReadingShow less

Featured

holiday shopping mall

Consumer sales kept ticking in October, NRF says

Retail sales grew solidly over the past two months, demonstrating households’ capacity to spend and the strength of the economy, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data.

Census data showed that overall retail sales in October were up 0.4% seasonally adjusted month over month and up 2.8% unadjusted year over year. That compared with increases of 0.8% month over month and 2% year over year in September.

Keep ReadingShow less
chart of global supply chain capacity

Suppliers report spare capacity for fourth straight month

Factory demand weakened across global economies in October, resulting in one of the highest levels of spare capacity at suppliers in over a year, according to a report from the New Jersey-based procurement and supply chain solutions provider GEP.

That result came from the company’s “GEP Global Supply Chain Volatility Index,” an indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses. The October index number was -0.39, which was up only slightly from its level of -0.43 in September.

Keep ReadingShow less
employees working together at office

Small e-com firms struggle to find enough investment cash

Even as the e-commerce sector overall continues expanding toward a forecasted 41% of all retail sales by 2027, many small to medium e-commerce companies are struggling to find the investment funding they need to increase sales, according to a sector survey from online capital platform Stenn.

Global geopolitical instability and increasing inflation are causing e-commerce firms to face a liquidity crisis, which means companies may not be able to access the funds they need to grow, Stenn’s survey of 500 senior e-commerce leaders found. The research was conducted by Opinion Matters between August 29 and September 5.

Keep ReadingShow less

CSCMP EDGE keynote sampler: best practices, stories of inspiration

With six keynote and more than 100 educational sessions, CSCMP EDGE 2024 offered a wealth of content. Here are highlights from just some of the presentations.

A great American story

Keep ReadingShow less