In recent years, cross-border e-commerce platforms have sprung up like mushrooms after rain, and one of the most eye-catching ones is Mercado Libre. However, the threshold and fees of each platform are different. For many sellers, it is an indispensable part to care about the entry cost of the Mercado Libre platform. This article will explore the entry fee of Mercado Libre in depth to help you better plan your e-commerce journey.
1. Free registration, zero monthly rent.
First of all, the Mercado Libre platform provides free registration, and no platform monthly rent will be charged even during store operation. This provides sellers with an opportunity to start at a low cost, and they can complete the registration and start operations without paying.
However, if you choose to enter through a third-party agency, you may need to pay a certain fee, generally between 4500-5000, and the specific amount depends on the pricing strategy of the service provider. Compared with independent registration, it may be easier to succeed in entering with the help of an agent.
2. Comprehensive understanding of the cost structure.
The store opening fee of Mercado Libre mainly includes transaction commission, handling fee and exchange rate fee.
1. Transaction commission and handling fee: Currently, the handling fee for the Mexican site is 17.5%, while that for other sites is 16%. In addition, an additional handling fee of 2% will be charged based on the total transaction amount.
2. Exchange rate fee: Since the settlement is in local currency, sellers need to convert the currency into Hong Kong dollars or RMB to withdraw cash. In this process, the exchange rate conversion is based on the exchange rate of the Bank of China on that day, plus a 1% difference.
For sellers who choose the “seller fulfills the delivery by himself” mode, they also need to pay storage fees and last-mile delivery fees. However, if the goods are stored in Meikeduo’s warehouse, not only can the storage fee be saved, but also a certain last-mile delivery fee needs to be paid.
Third, be thrifty and reasonably control costs.
On the whole, the cost of opening a store on the Meikeduo platform is relatively low. However, although the cost is not high, sellers still need to prudently control multiple aspects such as purchase costs and operating costs in order to better reduce costs, increase profits, and thus obtain greater returns. For sellers who aspire to succeed on the Meikeduo platform, reasonable cost control is a crucial link.
Five titles about Meikeduo’s entry fees:
1. How much does it cost to open a store on Meikeduo: Understand the store opening costs and cost structure
2. Meikeduo platform fees revealed: Detailed explanation of transaction commissions, handling fees and exchange rate fees
3. Cost saving starts with entry: Explore ways to save money on Meikeduo store opening costs
4. Smart management: Master Meikeduo’s entry fees to maximize profits
5. The secret to successfully entering Meikeduo: Be thrifty and effectively control costs
On the road to cross-border e-commerce, understanding entry fees is not only a part of economic wisdom, but also the cornerstone of success. Through reasonable cost control and capital planning, sellers can open up broader market prospects on the Meikeduo platform.