With the rise of cross-border e-commerce, Mexico’s e-commerce market has also gradually flourished. Among them, the Meikeduo platform is the representative and has become one of the largest e-commerce platforms in Mexico. As an e-commerce platform independently developed in China, Meikeduo’s entry conditions have attracted much attention. The following will discuss in detail what the entry conditions for the Meikeduo platform are, as well as the characteristics and advantages of the platform.
1. What are the entry conditions for the Meikeduo platform?
The Meikeduo platform has certain requirements for the entry conditions of sellers to ensure the quality of sellers and goods on the platform. The following are the entry conditions for the Meikeduo platform:
1. Corporate legal person qualifications: To open a store on the Meikeduo platform, the seller must be a corporate legal person registered in mainland China or Hong Kong, China. Entry can only be applied for in the name of the company.
2. Monthly turnover requirements: Sellers need to have monthly turnover records on mainstream cross-border e-commerce platforms (such as Amazon, eBay, Wish, AliExpress, Shopee, etc.).
3. Sales experience: Sellers need to have cross-border e-commerce sales experience of more than 60,000 US dollars to prove their business strength in the international market.
4. Customer unit price requirements: The customer unit price of the goods sold by the seller must be more than 15 US dollars, and the customer unit price between 20-50 US dollars is the best, which will help increase sales and customer satisfaction on the platform.
5. FBA operation experience: Sellers with FBA (Fulfillment by Amazon) operation experience will be given priority, which shows that the seller has certain professional capabilities in warehousing and logistics.
6. Source and brand: Meikeduo platform prefers sellers with stable and high-quality sources and deep vertical categories, and will also attach importance to cooperation with brands. This move is aimed at providing consumers with higher quality goods.
7. Product quantity: Sellers need to provide at least 100 product SKUs (stock keeping units).
8. Payment method: Sellers need to have a Payoneer account to collect and pay on the platform.
2. Characteristics and advantages of Meikeduo platform.
Meikeduo platform attracts the attention and favor of many sellers with its unique characteristics and advantages.
1. Free entry: Meikeduo platform currently does not charge any fees for sellers to enter, and there is no need to pay a deposit, which lowers the entry threshold.
2. CBT plan: Sellers can join the cross-border trade CBT plan after entering Meikeduo. This means that one account can operate multiple national markets at the same time, thereby expanding a broader sales market.
3. Multi-language support: Meikeduo platform provides exclusive translation services to translate the seller’s backend, product information and customer service questions into local Mexican Spanish. This helps to eliminate language barriers and enhance customer experience.
4. Multiple logistics methods: Meikeduo platform provides sellers with a variety of logistics options, not only official logistics from China directly to Mexico, but also supports sellers to choose logistics, providing more flexibility.
5. Local warehousing services: For qualified Chinese sellers, the Meikeduo platform provides local warehousing and delivery services in Mexico, providing free warehousing services to speed up order processing and delivery.
6. Flexible payment and collection: The Meikeduo platform supports users to pay in local currency and commonly used settlement methods. At the same time, sellers can settle in US dollars, which improves the convenience of payment.
7. Short payment cycle: The payment cycle of sellers on the platform is relatively short. Generally, sellers can receive payments within two weeks after the buyer receives the goods and the accumulated amount reaches US$500.
In summary, the entry requirements of the Meikeduo platform include sales flow, corporate legal person qualifications and other aspects. With its unique characteristics and advantages, the platform provides sellers with a broad market space and more business opportunities. By understanding and meeting these entry conditions, sellers can carry out cross-border e-commerce business on the Meikeduo platform and further expand overseas markets.