Although cross-border e-commerce companies were temporarily affected by the epidemic in 2020, many foreign trades have turned to the mainland market. Therefore, if you want to open a store on Lazada, you might as well wait for a month. If you have supply and market and want to open a store on Lazada, then these preparations are essential, such as what conditions need to be met to open a store, how much it costs to open a store, and how to open a store. Next, I will share these contents with you. Whether you want to settle in the platform now or wait until the epidemic stabilizes before settling in the Lazada platform, the content here hopes to be helpful to you.
1. What are the requirements for Lazada to settle in?
1. Basic requirements for Chinese cross-border sellers
(1) Register for a business license;
(2) Products meet national export requirements and local national import and export requirements;
(3) Have certain cross-border e-commerce experience, preferably have experience in opening stores on other cross-border e-commerce platforms.
2. Advantages
(1) Full-time staff to run the store;
(2) Own brand or first-level brand agent;
(3) Have supply chain advantages;
3. Things to prepare
(1) A domestic payment method that has been certified and registered;
(2) Set up a payment method and select a payment method to collect payments from buyers;
(3) At least one real product (for product launch)
2. Lazada entry process
The entry process of Lazada has 7 steps, namely, open the official website of Lazada merchants to register an account, then log in to the system to submit the warehouse address, company information, select a category – upload real products – bind a payment account. Then there is the Lazada backend review of the store online operation docking, etc.
Three, platform fees
1.Lazada commission deductions in various countries
Currently, the commission of Lazada stores is about 1%-4%, and the exchange rates in different countries are different and the categories are different.
2. Lazada package declaration fee
Declared price = the sum of the selling prices displayed on the front desk of the seller’s product details page for all products in the package list-seller discounts (multiple discounts, coupons, etc.) (excluding Lazada platform coupons).
Please note that customs will calculate taxes based on the size of the package. If the package contains goods of different categories with different tax rates, they will be implemented according to the corresponding standards. The standards implemented for each commodity are determined based on the declared price of the entire package.
3.Alipay withdrawal fee
Lazada stores only charge a commission at the time of collection and a 0.3% currency conversion fee for settlement, and do not charge any other handling fees. The currency conversion fee is charged based on the mid-market exchange rate of the US dollar against the RMB exchange rate (USD:CNH) on the day before the actual payment date (that is, every Thursday under normal circumstances).
Alipay will withdraw cash to a bank card without charging any fees the next day, and there is no lower limit on the amount. The upper limit for a single day or a single transaction is RMB 5 million.