Recently, Meikeduo, the leading e-commerce platform in the Latin American market, has released a series of new entry policies to help new sellers quickly achieve business growth. These policies will provide sellers with more flexible entry requirements, free entry fees and a convenient collection cycle. The following will explain these new policies of Meikeduo in detail to help sellers understand how to quickly get Meikeduo’s entry link.
1. Entry requirements: lower threshold, more opportunities.
Under the new policy, Meikeduo’s entry threshold has been significantly lowered. For regular sellers, the monthly turnover threshold of the store is only 20,000 US dollars, while for brand sellers, the monthly turnover threshold is 60,000 US dollars. In addition, it is worth noting that when filling out the entry application, you need to provide a proof of store turnover on a mainstream cross-border e-commerce platform for the past 6 months, and ensure that the store name and company information are consistent with the information in the entry application form.
2. Entry fee: free of charge, reducing operating costs.
Meikeduo has also taken gratifying measures in terms of entry fees, and all sellers can enter for free. You only need to submit a set of information to open 4 major sites, and the platform will not charge any monthly fees. Sellers can list products for free, and the platform will only charge a certain percentage of sales commission when orders are actually sold. Different sites will charge different percentages of sales commissions according to categories, allowing sellers to be more flexible in the operation process.
3. Preparation materials for settlement: real information, smooth registration.
To ensure a smooth settlement process, sellers need to prepare a series of real information. These materials include:
Color scans/photos of the company’s business license, which must meet specific requirements, including being issued by mainland China or Hong Kong, China, the subject is a “limited liability company”, and the business scope includes “trading or selling goods”.
Color scans/photos of the legal representative’s ID card, ensure that the ID card is valid and consistent with the name of the legal representative of the business license and the name of the Meikeduo seller account.
Accurate and effective contact information, it is recommended to use Gmail, Hotmail or Aliyun and other mailboxes, and provide a contact number in mainland China.
The bank account used for receiving payment must be the company’s US dollar bank account, or a bank account provided by a third-party cross-border payment collection agency.
The store link of the mainstream cross-border e-commerce platform and the proof of transaction flow in the past 6 months, ensure that the store name and company information are consistent with the application form for settlement.
4. Collection cycle: fast settlement and improved capital turnover.
A beneficial policy is that sellers will receive payment quickly after the buyer confirms the order. The collection cycle of Meikeduo’s seller account is once a week, and when the net balance of the account reaches 500 US dollars, the system will automatically settle. This helps sellers better manage cash flow and improve business efficiency.
Conclusion: Meikeduo’s new settlement policy provides sellers with more development opportunities, while reducing the entry threshold and operating costs. By preparing accurate information, sellers can successfully register and enjoy free settlement services. In this highly competitive e-commerce market, Meikeduo provides sellers with a platform for rapid growth, and sellers only need to follow regulations and use resources reasonably to succeed in it.