In today’s digital age, e-commerce platforms provide endless opportunities for retailers. As one of the largest e-commerce platforms in Southeast Asia, Lazada has attracted many entrepreneurs and brand merchants. However, for those who are considering opening a store on Lazada, an important question is the cost of opening a Lazada store. So how much does it cost to open a Lazada store?
Introduction to Lazada Fees:
There are two main fees to consider when opening a Lazada store: one is the fee charged by the Lazada platform, and the other is other fees related to logistics.
The fee calculation formula is as follows:
Lazada Fees = Order Commission + VAT + Account Processing Fees + Shipping and Other Fees
The specific fees are as follows:
1. Order Commission:
Lazada adopts different commission rates for sellers’ orders according to different product categories. See the table below for details:
2. Value Added Tax (GST):
Lazada platform collects value added tax according to the regulations of six Southeast Asian countries, and the tax rates are as follows: Malaysia-6%, Singapore-7%, Thailand-7%, Indonesia-10%, Philippines-12%, Vietnam-10%.
3. Account processing fee:
Lazada charges a fixed 2% account processing fee for each order amount.
4. Shipping and other fees:
Lazada provides LGS global delivery solutions, and sellers can also choose to transport by themselves. Therefore, the shipping cost depends on the shipping method chosen by the seller.
In addition, before entering Lazada, be sure to meet the entry conditions and fill in the relevant information as required. It is also necessary to prepare sufficient funds to ensure the good operation of the Lazada store.
In short, the cost of opening a Lazada store varies depending on various factors, including order commissions, value added tax, account processing fees, shipping and other fees. Understanding and planning these costs is essential to successfully operating a Lazada store. At the same time, strategies such as market research, reasonable pricing and optimized product pages are also key to success. I hope this article can provide some valuable information and guidance for those who are preparing to open a store on Lazada.