Is the total balance displayed in cross-border e-commerce stores in US dollars?

In the field of cross-border e-commerce, many sellers are concerned about whether the total balance displayed in the store is in US dollars. This issue involves multiple factors such as currency type and exchange rate, which requires in-depth discussion. This article will analyze this in detail to help you better understand the currency situation in cross-border e-commerce.

1. Is the total balance displayed in cross-border e-commerce stores in US dollars?

The total balance displayed in cross-border e-commerce stores is usually based on the primary currency set by the seller. For example, if the seller sets the primary currency to US dollars, the total balance displayed in the store will be in US dollars. However, some cross-border e-commerce platforms also support the display of multiple currencies, which can be switched according to the user's geographical location and preferences.

2. How much capital does cross-border e-commerce require?

The amount of money required for cross-border e-commerce varies from person to person and depends on many factors, including but not limited to the following:

Inventory funds: Cross-border e-commerce operations require the purchase of commodity inventory, so sufficient funds are needed to purchase commodities. The size of inventory funds depends on factors such as sales scale, commodity types and procurement channels.

Advertising costs: It takes a certain amount of advertising costs to promote products on cross-border e-commerce platforms. Sellers can choose different advertising formats and delivery strategies, so the size of advertising costs will also vary.

Logistics costs: Cross-border e-commerce needs to consider the logistics costs of goods, including transportation costs, tariffs, customs clearance fees, etc. Logistics costs depend on factors such as the weight, volume, destination and mode of transportation of the goods.

Platform fees: Cross-border e-commerce platforms usually charge a certain handling fee or service fee. Sellers need to take these platform fees into account and include them in their cost considerations.

In general, the funds required for cross-border e-commerce are not fixed, but depend on individual circumstances and business strategies. Sellers need to plan funds reasonably based on their actual situation.