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With the rise of international sales, the complexity of managing an online store grows exponentially. However, Shopify has a solution for this: Managed Markets. With this innovative feature, you can expand your business globally without stress, enjoying all the benefits of a team dedicated to managing international sales in over 150 regions.
Using Managed Markets is like instantly deploying a team to successfully manage all the challenges of international transactions. Thanks to the integrated merchant of record, Managed Markets takes care of the most complicated and time-consuming aspects, allowing you to focus on growing your business.
With Managed Markets, you can take advantage of exclusive discounted rates on international shipping, package tracking for every order, and express shipping with delivery anywhere in the world in 1-5 days. This makes logistics a breeze, ensuring your customers receive their products quickly and reliably.
To build trust and security among global customers, Managed Markets supports local payment methods. Your customers can make purchases using the payment methods they recognize and trust, improving the shopping experience and reducing cart abandonment.
Managing VAT, duties, and local taxes can be complicated, but Managed Markets will prepay these charges at checkout and remit them on your behalf. This eliminates surprises for your customers and simplifies tax management for you.
Packages travel smoothly through customs, avoiding delays and unexpected fees thanks to pre-clearance. Additionally, Managed Markets automatically filters your product catalog based on regional import and carrier restrictions, ensuring you comply with all local regulations.
Guaranteed exchange rates protect your profits from currency volatility for international returns. Additionally, Managed Markets handles fraudulent purchases and chargebacks, giving you peace of mind and protecting your business from potential losses.
Managed Markets offers a wide range of operational features, making global selling simple and hassle-free:
- Exclusive and convenient shipping rates
- Guarantee of collection and remittance of taxes and duties
- Customs documentation and pre-customs clearance
- Fraud and chargeback management
- Protection from currency volatility
With Managed Markets, you can customize your store for different markets with translations, market-specific content, custom URLs, and domain redirection. You can also enable over 150 countries with local currencies and major payment methods for each region, all while maintaining control from your Shopify admin.
With a merchant of record (MoR), every transaction happens on your Shopify store and at checkout, while the MoR acts behind the scenes as a silent reseller between you and your global customers. This model allows you to sell globally directly from your Shopify store, while Managed Markets takes on the associated responsibility, challenges, and bureaucracy.
Managed Markets' flat-rate pricing is applied per transaction, allowing you to test new markets around the world without any upfront investment. This pricing model lets you own your brand, while Managed Markets takes care of the rest.
Global growth shouldn't be a daunting task. With Shopify Managed Markets, you can focus on your business while our technology handles the operations and infrastructure needed to sell internationally. To take full advantage of these features and grow your business with Shopify, contact Yastime, the expert Shopify agency. With Yastime's support, you'll be ready to take your online store to new heights of global success.
Don't wait any longer, start selling worldwide with Managed Markets today!
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