MyUS.com, the leader in international package forwarding and shipping, has witnessed a huge surge in the desire of U.S. products from Japanese consumers. Last week marked a record low for the U.S. dollar to the yen, which most likely correlates with this latest buying frenzy.
So far, MyUS.com said it has seen a 450% increase in shipping volume from customers residing in Japan. The shipped items range from gaming and electronic products to household items, such as vacuums to high-end apparel and jewelry brands such as Coach and Tiffany.
“MyUS.com has always had a strong fan base within Japan. However, this latest surge in buying and shipping in the U.S. could easily be attributed to the recent strengthening of the yen combined with the weakening of the dollar,” says Eric Baird, CEO and founder of MyUS.com. “With a strong yen, many residents of Japan are finding local goods to be cost-prohibitive and therefore turning to the U.S. retailers. Many of our global customers are referred to us by friends or relatives, so when there’s an increase in traffic from a particular country, it tends to be multiplied for us.”
MyUS.com said it is seeing the same type of surge from the Swiss market as well. They are experiencing similar currency values skyrocketing. Both nations are taking full advantage of the greater purchasing power being afforded them. The exchange rates have become so favorable that foreign consumers have gone beyond their usual luxury and electronic buying patterns to also include purchasing every day household items abroad as well.© Japan Today