As a cross-border e-commerce platform, Meikeduo has broad market prospects and many advantages, which makes more and more sellers optimistic about its development potential. Below we will introduce the market prospects of Meikeduo platform and the advantages it provides in detail.
1. Market prospects of Meikeduo platform.
Wide coverage of Latin American market and huge user group: Meikeduo’s current e-commerce business scope has covered 18 Latin American countries and has 121 million registered users. The population of Latin America is about 627 million, so Meikeduo occupies an absolute leading position in the e-commerce market in Latin America.
Wide category coverage, catering to the advantages of Chinese sellers: Meikeduo covers multiple categories such as electronics, mobile phones and accessories, trendy clothing, home life, beauty and health, and toys. These categories are mainly mainstream products of China’s manufacturing industry, which are very suitable for Chinese sellers to sell.
High growth rate: Despite the political and economic turmoil in Latin America, the overall e-commerce market can still maintain an annual growth rate of 19%, which is a strong performance.
Relatively small competition in Latin America: Compared with competition in other regions, the current competition in Latin America is still relatively small for Chinese sellers. Although there are Chinese sellers, the number is still small, and most of the Brazilian products are imported from China, which provides Chinese sellers with greater product advantages.
Second, the advantages of the Meikeduo platform.
No need to pay value-added tax: One of the biggest advantages of the Meikeduo platform is that sellers do not need to pay value-added tax (VAT). In contrast, platforms such as Amazon cannot compete with Meikeduo in the Latin American market due to VAT restrictions.
Support many categories: Meikeduo supports sellers to sell a variety of products, including electronics, home appliances, automobiles and accessories, fashion, toys, furniture and other categories, which are all mainstream products in China’s manufacturing industry, providing sellers with broad sales opportunities.
Multi-market management: On the Meikeduo platform, sellers can open sites such as Brazil, Mexico, Chile and Colombia at the same time, realizing easy management of multiple markets. In addition, the Meikeduo platform supports automatic translation of languages, mainly English, Portuguese and Spanish, so there is no need to worry about language barriers.
Multi-logistics mode: The Meikeduo platform provides a variety of logistics options, including official cooperative logistics, supporting routes such as China-Mexico/Chile/Brazil and the United States-Mexico/Argentina. At the same time, sellers can also seek help from professional domestic freight forwarders and enjoy Mexico’s cross-border dedicated line services and Mexico’s overseas warehouses, sea and air delivery, tax and double clearance services.
Language barrier-free: Meikeduo platform will automatically translate product listings and customer service questions into local languages (Portuguese/Spanish), eliminating language barriers and improving customer experience.
In summary, as a cross-border e-commerce platform, Meikeduo has broad market prospects and many advantages. For Chinese sellers who want to enter the Latin American market, Meikeduo provides a blue ocean market worth choosing, with obvious advantages and promising prospects. If you are considering expanding into the Latin American market, you might as well try the Meikeduo platform to explore more business opportunities and development opportunities.