Detailed explanation of the importance and workflow of Temu full custody fee payment
In the field of cross-border e-commerce, Temu’s fully managed spot warehousing model provides sellers with a convenient and efficient operation method. This article will discuss the possible consequences of not paying relevant fees on time, and analyze the Temu fully managed workflow in detail.
Consequences of not paying fees on time
Account restrictions
The platform may impose functional restrictions on sellers’ stores that have not paid fees, including suspending product display, prohibiting the listing of new products or participating in promotional activities. These restrictions will affect the seller’s sales performance and market competitiveness.
Funds frozen
If there are unsettled fees, the platform has the right to temporarily freeze some or all of the funds in the seller’s account in accordance with the terms of the contract to offset the arrears. This will affect the seller’s liquidity and may result in the inability to carry out normal purchases or other business activities.
Liability for breach of contract
Failure to pay the full custody fee on time will constitute a breach of contract. According to the content of the agreement, the platform has the right to require the seller to pay relevant fees and liquidated damages or compensate for losses. Not only does this create a financial burden, it can also damage business reputation.
Termination of cooperation
If you fail to pay fees in arrears for a long time, the platform has the right to unilaterally terminate the cooperative relationship with the seller and close the store. In addition, the platform may recover arrears and compensate for losses through legal channels.
Temu fully managed workflow
Seller’s quotation
Sellers need to submit suitable products according to the categories recruited by Temu and report competitive prices. At this stage, market demand, cost and other factors need to be fully considered.
Send samples for review
The seller will send samples of the products that have passed the preliminary selection to the Guangdong warehouse, and professional tasters will judge the quality, color and other aspects.
Supply from seller
After passing the review, the seller needs to supply the goods and send the goods to the domestic warehouse in Guangzhou.
Platform sales
Temu is responsible for shelf sales, distribution and other work. Products with no sales within 15 days will be returned to the merchant.
Sign for payment
The seller settles the payment on T+1 basis on the date of receipt.
To sum up, Temu’s fully managed model provides sellers with an efficient and convenient operation method. However, in order to avoid adverse effects and legal disputes, sellers should strictly fulfill their payment obligations in accordance with the agreement and ensure that fees are paid in a timely manner.
The above content is integrated from multiple articles and is designed to help sellers better understand and respond to the relevant policies of the Temu platform.