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Postal tariffs from the 1970s to the present: how terminal dues and changing rate systems reflect international development and shape the global postal network.
Continue reading "The evolution of postal tariffs: past, present & future"
The EU’s 2023 ViDA (VAT in the Digital Age) reform impacts ecommerce, with e-invoicing, single VAT registration, and mandatory use of IOSS for B2C imports.
Continue reading "VAT in the Digital Age (ViDA): next digital disruption in ecommerce"
Exploring changes to postal customs clearance procedures and VAT payments following the 1.7.2021 EU VAT Ecommerce Package.
Continue reading "Postal customs clearance procedures and the EU VAT Ecommerce Package"
Ecommerce is growing and will continue to grow – so far, no surprise. Ecommerce as a part of global commerce is becoming increasingly important: in 2020, ecommerce already accounted for 22% of global retail, and the annual growth (further accelerated by the COVID-19 pandemic) was 26%.
Yet there is still a lot of potential upside. While ecommerce already accounts for 50% of retail in China, resulting in the largest ecommerce market in the world by far, the share in most Western countries is between 10-15% (with the exception of the UK at 23%).
Marketplaces with their associated platform economies are extremely successful and seemingly unstoppably expanding their dominance: in 2020, more than 75% of all ecommerce revenue was generated through marketplaces, more than 50% of which through Ali, Amazon and JD alone.
"Old”, traditional, store-based retailing has been largely written off, seen as having no chance against the highly efficient and digitalized ecommerce service providers.
This development is irreversible. Consumer needs and preferences, the ever-increasing opportunities offered by digitalization, and the cost and efficiency advantages of data-driven ecommerce service providers make it very likely that ecommerce will continue to grow at the expense of traditional, store-based retail.
While ecommerce is growing, fundamental business models and the market have also been changing since 2020, accelerated by the pandemic. The market and business models are developing rapidly and sustainably – often unnoticed by the general public.
In our new CLS series, the Future of (E)Commerce, we will be highlighting and examining several interesting developments in the market, starting with:
• How the rise of food delivery fundamentally changes business models, customer expectations and ecommerce logistics, even challenging the dominance of electronic interfaces as illustrated by current developments in the USA
• Why omnichannel is becoming a “must have”, and why suddenly traditional retail seems to be holding better cards than the online retailers and marketplaces which currently dominate.
• What Digitalization 2.0 really means, which business models are threatened by future developments, and which ones will benefit.
Watch this space!
Some postal operators are planning to charge postal fees for the Import One Stop Shop (IOSS). What are the options for a more expensive postal channel?
Continue reading "Will postal fees for IOSS terminate UPU Universal Service in the EU?"
The OSS solution introduced by the EU VAT Ecommerce package is designed to facilitate cross border trade. We believe this will only be a transitional solution.
Continue reading "Cross Border Trade: Is OSS Only A Transitional Solution? "
Austrian newspaper Der Standard talks with CLS experts Walter Trezek and Martin Füll about the impact of the IOSS (in German). Einfuhr-Umsatzsteuer wird ab dem ersten Cent verrechnet, die meisten Kunden dürften dank "Import One Stop Shop" aber von Formalitäten verschont bleiben: Author Georg Pichler, 29 June 2021.
Ecommerce Big Bang Series: The EU VAT e-commerce package and VAT for intra-EU ecommerce. A guide to the simplified VAT payment option, the One Stop Shop (OSS).
Continue reading "One Stop Shop (OSS): Simplifying Intra-EU VAT Payment"
Ecommerce Big Bang Series: IOSS Import One Stop Shop – The simplified VAT payment model introduced on 1 July 2021 as part of the EU eCommerce VAT Package.
Continue reading "IOSS: How The Import One Stop Shop Simplifies Ecommerce VAT Payments "
Ecommerce Big Bang Series: Our guide to the changes coming on 1 July 2021: Before & After – How the EU e-Commerce VAT package impacts B2C e commerce.
Continue reading "B2C E Commerce from 1.7.21: Impact of the EU e-Commerce VAT Package "
Discover the impact of COVID-19 on online sales of products and services, brick-and-mortar business and ecommerce trends 2020 in Ecommerce Europe member survey
Continue reading "Ecommerce Trends 2020: The Impact Of COVID-19 On Ecommerce In 2020"
Digitalized processes & harmonized labels enhance the security and transparency of global delivery, generating revenue by ending VAT and online retail fraud.
Continue reading "Ecommerce: Steps To End VAT Evasion and Online Retail Fraud"