Hurricane Commerce took part in the Cross-Border Commerce EU C-Suite Spring Conference in Brussels.
CEO Martyn Noble attended the two-day event which brought together 220 senior decision-makers from the worlds of retail, brands, marketplaces, and the wider eCommerce supply chain.
Hurricane was attending in its capacity as Knowledge Partner for the CB Commerce EU High-Level Marketplaces Group.
CB Commerce EU is the EU’s retail business accelerator providing valuable information and partner connections for companies wanting to start or scale their cross-border eCommerce within, from and to Europe.
Retailers, brands and marketplaces are key customer segments for Hurricane along with postal operators, carriers, multi-carriers and eCommerce platforms.
The intensive two-day conference included keynote talks, roundtables, and networking.
Martyn also took part in a face-to-face meeting of the High-Level Marketplaces Group – the first time the group had been able to meet in person.
Last year, the top 100 marketplaces were responsible for delivering over $3.23 trillion and well over 60% of all eCommerce sales now take place on marketplaces.
But the number of marketplaces also continues to grow exponentially, as more and more competitors enter the space.
This means that marketplaces must differentiate themselves and provide their sellers and their customers with the best possible experience.
This includes global exposure, efficient and flexible delivery and payment solutions, and cost transparency through the provision of Delivered Duty Paid [DDP].
And the key to being able to meet these requirements is through complete, accurate and compliant data solutions.
Hurricane’s award-winning AI-driven, real-time data services, Aura and Zephyr cover the critical cross-border eCommerce areas of duty and tax calculation, prohibited and restricted goods screening, denied parties screening and data enhancement through the provision of valid product descriptions, HS6 codes and import and export codes.
Martyn Noble said: “The CB Commerce EU conference brought together a fantastic delegate list including some of the most influential brands, retailers, and marketplaces in and around Europe.
“There are no shortage of challenges facing the sector, but also, for those who get it right, almost limitless opportunities.
“It was great to find out first hand some of the big issues facing the sector and the ways in which they are trying to overcome them.
“What was very apparent is the vital role high quality, lightning quick data has to play in terms of enabling retailers, brands and marketplaces to excel in cross-border eCommerce.
“I look forward to continuing to work closely with other colleagues in the CB Commerce EU network over the coming weeks and months, providing thought leadership and solutions.”
CB Commerce EU has produced a short film recording some of the highlights of its recent event in Brussels – https://www.youtube.com/watch?v=lIN0NhZ2yyM