Meikeduo is one of the main e-commerce platforms in the Latin American market. The platform supports Chinese cross-border sellers to settle in, but many sellers still don’t know much about the platform. Let’s discuss whether novices can open a store on Meikeduo and what are the advantages of opening a store on Meikeduo?
Meikeduo occupies a leading position in the Latin American e-commerce market and is the leader of local e-commerce. In addition, as the Shopee platform is developing towards Latin America, there are many opportunities in this market. Compared with other platforms, because Meikeduo is a local e-commerce, its advantages are more obvious.
Among the markets covered by Meikeduo, Brazil has the highest market share, followed by Argentina and Mexico. Therefore, sellers can evaluate which market has more potential according to their actual situation, and then focus on development.
What are the advantages of opening a store on Meikeduo?
The biggest advantage of opening a store on the Meikeduo platform is that there is no need to pay value-added tax. Amazon also intends to enter the Latin American market, but due to the restrictions on value-added tax, it cannot compete with Meikeduo.
The situation in the Mexican market is that with the promulgation of the new tax law in Mexico, only Meikeduo sellers from China do not need to pay VAT.
The Meikeduo platform provides sellers with support for selling all kinds of products, covering electronic products, home appliances, automobiles and accessories, fashion apparel, toys, furniture, and even some second-hand assets.
In the Brazilian market, the most popular products include electronic products, mobile phones, beauty products, maternal and child products, and newly launched products. These are products with competitive advantages.
By opening a store on Meikeduo, sellers can open sites in Brazil, Mexico, Chile, and Colombia at the same time to achieve cross-market management. In addition, Meikeduo can automatically translate languages, covering English, Spanish, and Portuguese, so that sellers who are not good at foreign languages can also open stores with peace of mind.
As the largest e-commerce platform in Latin America, Meikeduo currently has a small number of sellers in China, and there are many blue ocean categories in this blue ocean market. As long as you choose and manage the products well, you can succeed.
Meikeduo is one of the leaders in the Latin American e-commerce market, and novice sellers can also open stores on the platform. Meikeduo supports Chinese cross-border sellers to settle in, and one of the advantages of opening a store is that there is no need to pay value-added tax. As the only choice for cross-border sellers, Meikeduo also provides sellers with sales support for a variety of products, and can open stores in multiple markets at the same time. For sellers who want to seize the Latin American market, Meikeduo is an opportunity that cannot be ignored.