With the increasingly fierce competition in global e-commerce, sellers have set their sights on the huge potential of the Latin American market. Among them, Meikeduo has become an e-commerce platform that has attracted much attention in recent years. Meikeduo, founded in 1999, has now developed into the largest e-commerce ecosystem in Latin America, attracting the attention of many sellers. For novice sellers who are new to this market, Meikeduo may cause some common questions. This article will answer questions related to Meikeduo and provide guidance for sellers who are new to the Latin American e-commerce market.
Question 1: Can Meikeduo bind multiple stores to one IP?
Meikeduo has relatively loose restrictions on account association. The same IP address can log in to multiple stores, which is not easy to cause account association.
Question 2: Is there a fee for entering Meikeduo?
Currently, Meikeduo provides free entry opportunities to all sellers. Just submit the required information to open 4 sites. The platform does not charge a monthly fee, and sellers can list products for free.
Question 3: What is the payment cycle of Meikeduo?
The payment cycle of Meikeduo platform to new sellers is once a week. It should be noted that when the net balance of the account exceeds 500 US dollars, the system will automatically remit the money to the seller; if it is less than 500 US dollars, the balance will be accumulated until the next Friday for remittance.
Question 4: Which sites support the overseas warehouse model?
Meikeduo’s Mexican and Chilean sites provide overseas warehouse services.
Question 5: How do sellers of Meikeduo’s overseas warehouses ship goods?
Sellers using overseas warehouses can choose a first-leg logistics carrier, such as Tubi Cross-border, to deliver goods to Meikeduo’s FBM warehouse.
Question 6: What is the difference between brand sellers and regular sellers?
Brand sellers and regular sellers share some common points on the Meikeduo platform, such as new product support. However, the difference between them is that brand sellers can get exclusive store decoration, more traffic and exposure opportunities. Most importantly, brand sellers can also use brand tools to protect the products in their stores and resist infringement.
Question 7: Is an RFC required when shipping to a Mexican site?
Currently, CBT sellers on Meikeduo do not need to pay VAT, so RFC is not required for the time being. However, future policies may change, and you need to keep up to date.
Question 8: What are the conditions for entering Meikeduo?
The conditions for entering Meikeduo are relatively clear. To enter the platform, you need to have operating experience on other e-commerce platforms (such as Amazon, eBay, AliExpress, etc.) and meet the following store turnover requirements:
1. Regular sellers enter: The monthly store turnover threshold is 20,000 US dollars.
2. Brand sellers enter: The monthly store turnover threshold is 60,000 US dollars. When filling out the entry application, you need to provide a proof of turnover for the mainstream cross-border e-commerce platform store for the past 6 months, and ensure that the store name and company information are consistent with the information in the entry application form.
Question 9: What is the difference between a CBT account on Meikeduo and a local account?
There are big differences in weight and traffic between Meikeduo’s CBT account (cross-border account) and local account, and local account has more advantages. However, for novices, cross-border accounts are more suitable for sellers who are just starting out. We will explain the specific differences between the two in detail in the next issue.
In summary, with the new e-commerce opportunities in the Latin American market, Meikeduo, as the largest e-commerce ecosystem in Latin America, provides sellers with a broad space for development. Whether it is a regular seller or a brand seller, whether it is a local account or a cross-border account, Meikeduo provides sellers with a variety of entry conditions and rights.