Charles & Colvard Enhances International Shopping Experience to Facilitate Growing Sales From Cross Border Trade
“With 84% of global e-commerce transactions predicted to originate outside of
With the implementation of Flow, international customers can automatically browse and view product pricing in their local currency. This also allows for hub-less and direct shipping worldwide without delays. Further, these customers will checkout using Charles & Colvard’s main shopping cart, without leaving the Company’s website, further enhancing their Charles & Colvard brand experience. They will have access to over 100 local payment methods, and elements such as duties and taxes will be automatically factored into the checkout experience.
For Charles & Colvard, the solution furthers its commitment to constantly improving customer experience and omni-channel brand presence through the customization of pricing, promotions and merchandising for each market. Additionally, the Company will have access to increased risk and fraud management for international orders, compliance with international rules and regulations, and enhanced insights and reporting on international customer behavior.
"We are delighted to partner with a tech-savvy e-commerce company like Charles & Colvard and to help them achieve their cross border goals,” said
About
About Flow
Flow is a global cross border e-commerce platform that enables brands and retailers to sell their products to customers internationally by creating a localized shopping experience. Flow automates and simplifies every aspect of the international e-commerce process for its customers, removing the challenges facing cross border commerce by offering benefits such as multi-currency pricing, cost efficient and rapid shipping, international payment options, well-defined taxes and duties, and simple returns. Brands and retailers use Flow's cloud-based software solution to better manage cross border logistics, to reach a broader international customer base and to enhance the customer experience. For more information, visit https://www.flow.io/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements expressing expectations regarding our future and projections relating to our products, sales, revenues, and earnings are typical of such statements and are made under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations, and contentions and are not historical facts and typically are identified by use of terms such as “may,” “will,” “should,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “continue,” and similar words, although some forward-looking statements are expressed differently.
All forward-looking statements are subject to the risks and uncertainties inherent in predicting the future. You should be aware that although the forward-looking statements included herein represent management’s current judgment and expectations, our actual results may differ materially from those projected, stated, or implied in these forward-looking statements as a result of many factors including, but not limited to, our dependence on consumer awareness, acceptance, and growth of sales of our products resulting from our strategic initiatives; the impact of the execution of our business plans on our liquidity; our ability to fulfill orders on a timely basis; intense competition in the worldwide jewelry industry; the financial condition of our major customers and their willingness and ability to market our products; dependence on a limited number of distributor and retail partners in our Traditional segment; dependence on our exclusive supply agreement with
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