Recently, Meikeduo, a leading e-commerce platform in Latin America, has released a series of favorable policies customized for new sellers, aiming to help sellers who are new to the market grow quickly. In this article, we will introduce Meikeduo’s entry requirements and fee policies in detail to help sellers better understand how to join this platform with unlimited potential.
1. Meikeduo entry requirements: lower the threshold and promote diversified development.
Meikeduo has set different entry thresholds for different types of sellers to encourage more sellers to participate in market competition.
For regular sellers, the monthly turnover threshold for stores is 20,000 US dollars, while brand sellers need to reach a monthly turnover threshold of 60,000 US dollars. At the same time, when filling out the entry application, you need to submit a proof of turnover for the past 6 months on the mainstream cross-border e-commerce platform to ensure that the store name and company information are consistent with your entry application.
2. Meikeduo entry fee: open 4 major sites at zero cost.
Meikeduo provides free entry for all sellers. You only need to submit a set of information to open the platform’s 4 major sites. The platform does not charge a monthly rental fee, and sellers can list their listings for free. Only when the seller successfully sells the order, the platform will charge a certain percentage of sales commission. Different sites will charge different percentages of sales commission according to the product category.
3. Prepare materials for Meikeduo entry: ensure authenticity and compliance.
To ensure the authenticity and compliance of the entry information, you need to prepare the following materials as required: Color scan/photo of the company’s business license: the license must be issued by mainland China or Hong Kong, China; the company entity must be a “limited liability company”; the business scope must include “trading or selling goods”; the remaining validity period of the license must be more than 30 days.
Color scan/photo of the legal representative’s ID card: the ID card must be valid; the name on the ID card must be consistent with the name of the legal representative of the business license and the name of the registered Meikeduo seller account.
Accurate and effective contact information: Please use Gmail, Hotmail or Aliyun mailbox, avoid using sina, qq, 163 and other mailboxes; the account contact must provide a mainland China phone number.
Bank account for collection: The bank account must be a US dollar account and a company collection account; a bank account provided by a third-party cross-border collection agency can be used.
Store links and transaction records of mainstream cross-border e-commerce platforms: Provide proof of store transaction records for the past 6 months. The store information must be consistent with the information on the application form.
4. Meikeduo payment cycle: simple and fast fund settlement.
After the seller successfully completes the order, Meikeduo will display the payment information in the seller’s backend. The payment cycle of the seller’s account is one week. Once the net balance of the account reaches US$500, the system will automatically settle.
Through the above policies, Meikeduo provides convenience and support for new sellers, reduces the entry threshold and cost burden, and helps expand market share and improve sales performance. If you are considering entering the Latin American market, you may wish to consider Meikeduo. Understanding its entry conditions and cost policies will help sellers better plan and manage your e-commerce business.