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Evestico expands fulfilment network to top 10 global e-commerce markets
Tue, 9th Apr 2024

Evestico, a provider of market entry solutions, has confirmed a significant expansion to its Trusted Fulfilment Partner network, reaching all the Top 10 e-commerce markets globally. The expansion includes top-tier fulfilment partners located in strategic locations such as China, the USA, the UK, Japan, South Korea, India, Germany, Indonesia, Canada, and France.

Evestico's Trusted Fulfilment Partner network comprises vetted partners who meet the company’s high standards for reliability, efficiency, and service quality. It offers a platform for e-commerce retailers to access services such as warehousing, order fulfilment, shipping and logistics management, all customised to meet the specific needs of global e-commerce enterprises. Establishing Trusted Fulfilment Partners in the top ten e-commerce markets is a significant step for businesses looking to extend their reach and streamline their international operations.

Evestico also provides businesses with a consolidated inventory management solution, allowing them to centrally store their products and ship directly to any of their Trusted Fulfilment Partners globally. The company also assists with the integration of e-commerce platforms with local marketplaces, setting up local entities, overseeing international VAT compliance, and supporting a smooth transition into new markets.

This expansion opens up numerous possibilities for global growth for e-commerce businesses, offering a comprehensive solution to navigate challenging aspects of cross-border trade. Moreover, the Trusted Fulfilment Partners also stand to benefit from this expansion as they can provide their clients with access to new international markets, adding further value to their services.

Robin Buxton, Business Relations Director at Evestico, shared, "In recent years there has been a shift towards fulfilment companies focusing purely on e-sellers who sell small, fast-moving items. This focus on smaller items has led to a shortage of fulfilment companies catering for more diverse product ranges including building products to engineering parts. There is a misapprehension that these markets aren't very profitable when, in reality, many of these products carry high margins."

He added that since most of their enquiries come from overseas, clients expect the fulfilment company to handle all the import documentation, clear the goods through customs, and organise transport from the port to the storage facility. Alternatively, they expect the fulfilment company to collaborate with a freight forwarder who can coordinate these operations. Therefore, while Evestico continues to seek innovative tech-led fulfilment companies to cater for the e-sellers, they also need companies that can manage 'everything else'.

Buxton concluded, "We are elated to announce the expansion of our Trusted Fulfilment Partner network to cover all of the Top 10 e-commerce markets. This achievement underscores our commitment to providing businesses with the tools and support they require to succeed in the global marketplace. With our expanded network, we look forward to helping even more businesses go global and achieve their e-commerce goals."