FedEx launches e-commerce programs for SMEs across Asia Pacific
FedEx Express has teamed up with leading e-commerce technology platforms across Asia Pacific to empower e-tailers or e-commerce sellers.
The transportation company has launched its Compatible and Alliances programs, which will enable e-tailers to gain instant access to enhanced and affordable shipping solution.
Under the FedEx Compatible program, FedEx customers can generate FedEx shipping labels and use additional FedEx features, such as Express Shipping Services and International Shipping Documentation Service, without leaving the e-commerce or marketplace platforms.
Meanwhile, the Alliances program allows all partners in the e-commerce ecosystem, including online shipping providers, to offer their e-tailer customers direct access to FedEx services at favourable rates.
The development comes at a time as small and medium-sized enterprises (SMEs) continue to see significant demand for e-commerce services and day-definite international express delivery services, especially with the upcoming year-end peak season.
The Asia Pacific region is generating nearly two-thirds or 64% of global e-commerce spending.
Just as shoppers have switched to purchasing online, so have businesses.
“The e-commerce sector has only gotten stronger as a result of the pandemic, leapfrogging traditional commerce by as much as five times,” said Kawal Preet, president, Asia Pacific, Middle East, and Africa Region, FedEx Express.
More retailers are increasing their investment and engagement in online channels to capture consumer demand, resulting in increased demand for logistics support.
According to McKinsey, the Asia e-commerce logistics market will account for 57% of total market growth from 2020 to 2025.
Preet said that as the holiday season approaches, consumers are spending even more online.
“To help e-tailers tap the growing demand, we are making our services more accessible to e-tailers and SMEs globally,” she announced.
“Our collaboration with leading e-commerce platforms is an important step toward building a robust e-commerce ecosystem where small businesses can enjoy the same services as large retail brands, thereby leveling the playing field,” she said.
“We look forward to collaborating with more like-minded partners to provide sustainable solutions at scale and further propel the entire e-commerce value chain.”