Maximize Your Cross-border Revenue While Minimizing Your Risk
October 10, 2018 | 12:25 PM
Description
How do you ensure your product catalogs can be offered on a global scale with the ever-changing regulatory and compliance environment? How do you manage the global complexities of selling internationally through various channels while meeting the international customer shopping expectations?Find out during our Q & A with Classifications Manager, Kayode Modest, from FedEx Cross Border.
Questions:
How has selling internationally worked in the past prior to auto-classification? (outlining some negative customer and retailer experiences)
o Not having accurate duties and taxes/total landed costs displayed
o Showing items for purchase to consumers in countries where they are unable to purchase due to items being prohibited/restricted or a dangerous good.
How has the classification process changed to now have an improved selling and buying experience?
o Export compliance – removing risk for retailers selling internationally
How does auto-classification work?
How does the AI system stay up to date with all the regulatory changes happening in the world?
Event
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