E-Commerce Returns – Tips to reduce costs

UPS reports high volumes of ‘holiday returns’ following 2016’s ‘unprecedented volume of online sales’.  E-Commerce returns present new challenges for sellers but in particular for Canadian e-commerce companies selling to U.S. consumers.

Even for U.S. e-commerce retailers it’s a struggle to find balance between often unanticipated reverse logistics costs and satisfying their customers’ high expectations for ‘an easy shopping experience.’  It’s especially difficult for Canadian exporters.  Canadians benefit by having a return address IN the USA – near the border, rather than discourage possible sales with a Canadian return address. (Related article: Return to Sender)

While each return is unique, some suggest including a pre-addressed, self-adhering ‘return label’ with each original shipment for easy return to your U.S. address with a suggestion to reuse the original packaging.  Recycling the original shipping box w/packing materials for reverse logistics purposes can reduce damage and shipping costs since most carriers ‘charge by dimensional weight standards’ (Related article: UPS / Fed-Ex Switch to Dimensional Weight).

TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1984.

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Comment: What a difference 50 miles (Or 80 Kilometres) can make!

By:  Jim Pettinger

According to a recent article in Business in Vancouver magazine, “big money is flocking to Vancouver real estate and fuelling huge price increases that show no sign of stopping”.

Meanwhile, just 50 miles (or 80 kilometres) to the South, comparable commercial and residential real estate is available for a relatively small fraction of the cost (including the exchange rate).

While not for everyone, many savvy investors are researching opportunities in Whatcom County for commercial, retail, industrial, residential, vacation and investment properties.

Besides cost, other advantages include proximity to the BC Lower Mainland, and possible financing arrangements with local banks that provide low-cost and long-term fixed rates.

At the recent “Doing Business in the USA” seminar, the following Whatcom County organizations provided an overview: Sterling Real Estate (Bellingham) and Banner Bank (Blaine/Ferndale/Bellingham).

Trade Tips Blog is published by UCanTrade, Inc.

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Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

Canadian Export Values to Increase In 2015

By:  UCanTrade Staff

According to Canadian Manufacturers & Exporters (CME) Magazine, not only are Canada and the US top global investment partners, they also share the ‘largest bilateral trade relationship’ in the world.  Even with existing US Protectionist trade barriers, CME reports the US account for 74% of Canada’s exports.  Due to a recovering US economy, CME says Export Development Canada (EDC) is forecasting a 12% growth in value from Canada’s 2013 Export Value of $334.7 billion by 2015.

UCanTrade, Inc.’s CEO, Jim Pettinger, suggests a weak ‘Loonie’ is another driving factor in increased Canadian, specifically British Columbian, company exports to the US.  “Although most U.S. markets will usually support premium pricing anyway,” says Pettinger, “the weak Loonie is adding at least another 10% to the bottom line.”

Are you interested in doing business in the USA?  UCanTrade, Inc. is a reliable partner with over 30 years of cross border trade experience.  Learn more at UCanTrade.com or call 360.380.6900.

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TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1997.

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Website: www.UCanTrade.com
Phone: 360-380-6900
Email: info@UCanTrade.com
Twitter: @UCanTrade

Source: Weak ‘Loonie’ drives interest in US sales by BC Companies
Source: CME’s 20/20 Nov-Dec 2014 article, “Penetrating US trade barriers remains challenging for Canadian exporters.”