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New business models under exogenous complexity: Future prospects for cross-border transactions

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Cross-border transactions provide consumers with a wider range of choices. Consumers are no longer limited to goods in the local market and can easily purchase specialty products from all over the world. This has greatly enriched people's lives and met different needs and preferences.

For enterprises, cross-border transactions expand the market scope and increase sales opportunities. Through the Internet platform, enterprises can promote their products to the world and reach more potential customers. However, this also brings a series of challenges, such as logistics distribution, tariff policies, cultural differences, etc.

Logistics and distribution are important links in cross-border transactions. As goods need to be transported across borders, transportation time and costs may be high. At the same time, the quality of logistics services varies from country to country, which poses certain risks to the timely and intact delivery of goods.

Tariff policy is also an issue that companies need to face. Different countries have different tariff regulations for imported goods, which will affect the cost and price competitiveness of products. Companies need to understand the tariff policies of various countries and plan their supply chains reasonably to reduce costs.

Cultural differences are reflected in product design, marketing methods and customer service. Consumers in different countries and regions have different cultural backgrounds and consumption habits. Companies need to customize products and adjust marketing strategies according to the cultural characteristics of the target market to better meet the needs of local consumers.

Despite the challenges, cross-border transactions also bring many opportunities. With the continuous advancement of technologies such as artificial intelligence, big data and blockchain, the efficiency and security of cross-border transactions will be further improved.

Artificial intelligence can be used in customer demand forecasting, intelligent customer service, and other areas to improve service quality and response speed. Big data can help companies better understand market trends and consumer behavior, so as to make accurate product development and marketing decisions. Blockchain technology can ensure the security and transparency of transactions and enhance consumer trust.

In addition, the continuous emergence and improvement of cross-border trading platforms have also provided a more convenient trading environment for enterprises and consumers. These platforms integrate logistics, payment, customs clearance and other services, reducing transaction costs and barriers.

In the future, cross-border transactions are expected to continue to grow. With the rise of emerging markets and the continuous upgrading of consumer demand, the market size of cross-border transactions will continue to expand. At the same time, the support of relevant policies and the improvement of supervision will also create a good environment for the healthy development of cross-border transactions.

For individuals, cross-border transactions also provide new opportunities for entrepreneurship and employment.Cross-border e-commerceThe platform conducts its own business and promotes featured products to the global market, or engages in services related to cross-border transactions, such as logistics and marketing.

In short, as an emerging business model, cross-border transactions face challenges but also have many opportunities. With the joint efforts of all parties, cross-border transactions will inject new vitality into the development of the global economy.