What does US Leaving UPU Mean for Your E-commerce Business

What does this mean for Ecommerce website owners and managers?

• The bigger effect of this will most likely be, that shipping 1-10$ gadgets from China won’t be free anymore, or 1$. You can basically say goodbye to this. Currently delivering China gadgets is the biggest loss to all National mail carriers everywhere on the world.
• Shipping fees cost will most likely be similar across continents. Flattening out the playing field.
• European shippers have to say goodbye to free import taxes up to 22€ and no processing fee. So people order China packages on daily basis just to be under 22€ limit. But that will soon change, as post will start charging around 6-7€ processing fee for every single package that is coming from outside European Union. So ordering 10 small packages with low value products and free shipping will soon going to be expensive, as shipping fee could be bigger than value of the order.
• Other shipping companies will have a big opportunity to fill the void left by USPS. The USPS conundrum is going to create opportunities for other carriers like DHL and FedEx to ensure continuity of service, though these options will inevitably be more expensive — possibly double or even triple pre-withdrawal rates.
• Prepare for WW3.. this one is to keep you on you toes. 

Overall this seems like something everyone involved in ecommerce should be aware of. Not a whole lot we can do to prepare since it’s not yet clear exactly how things are going to unfold. Nothing like uncertainty and potential major business disruption in the last quarter of the year.

Let us know what you think? Was US leaving UPU a good move for them? Will this bring better sale and opportunity for your prestashop – thritybees ecommerce website that ships outside US? How about from US?

Read full article at shoptech media

What does US Leaving UPU Mean for Your E-commerce Business