With the continuous expansion and development of the e-commerce market, more and more sellers are starting to settle in Shopee and seek to expand their business through this platform. However, as one of the representative e-commerce platforms, Shopee provides sellers with different settlement plans and fees. For many sellers, it is crucial to understand the settlement rules and master the relevant store opening fees. So, let’s take a look at the settlement fees of the Shopee platform.
1. Entry-level settlement fees.
The entry-level settlement fees of Shopee are not high, which can allow more small sellers to participate. Sellers can choose some of the most basic settlement plans and only need to pay the most basic settlement fees to start selling their products. The following are the fees for the entry-level settlement plan of Shopee:
1. Primary store: down payment of 50 yuan; 3% handling fee for the first order, and 1% handling fee thereafter;
2. Pioneer store: down payment of 500 yuan, you can enjoy a lower handling fee; 1.5% handling fee for the first order, and 0.5% handling fee thereafter;
3. Professional store: down payment of 1,000 yuan, you can enjoy a lower handling fee; 1% handling fee for the first order, and 0.3% handling fee thereafter.
Sellers can choose the settlement plan and fee that best suits them according to their needs and expected sales, so as to maximize the business opportunities of the Shopee platform.
2. Charging standards for different business models.
On Shopee, different business models and transaction methods will have different charging standards.
1. Platform basic handling fee.
Shopee provides sellers with basic platform services, including product listing, sales, logistics and distribution services. The cost of these basic services is a certain percentage of the seller’s sales. The specific percentage of the handling fee depends on factors such as the seller’s entry plan and the category of the product.
2. Promotion fee.
If the seller wants to promote his own products on Shopee, he can apply for promotion services. Promotion services can increase the traffic and exposure on the Shopee platform to a certain extent, which is helpful for improving the seller’s sales performance and income. Shopee will divide the fees according to the signature method of the advertising agency contract, usually calculated as a certain percentage of the total advertising cost.
3. Logistics fee.
In order to ensure the accuracy and reliability of product delivery, Shopee provides express logistics services. Sellers need to choose the corresponding logistics method and pay the corresponding express fee based on factors such as the size, weight and destination of their products. The specific cost depends on factors such as the choice of specific logistics services and changes in logistics information.
3. Other additional fees.
There are some other fees you may encounter when opening a store on the Shopee platform. Although they may not be common, sellers still need to understand and consider these additional fees to avoid unexpected expenses.
1. Refund handling fee.
On Shopee, if the buyer requests a refund, the seller needs to pay a small portion of the transaction amount as a handling fee. These refund handling fees can be checked in the backend of the main account. Shopee usually refunds the corresponding handling fee within 2-3 days after the refund is completed.
2. Withdrawal handling fee.
After completing the Shopee order, the seller can apply to withdraw the funds to his bank account. Shopee usually charges a certain percentage of the handling fee based on the amount of withdrawal requested by the seller. The handling fee depends on the charging standards of each bank and the charging standards of the Shopee platform for withdrawals.
3. Store decoration fee.
Sellers can decorate their own stores on the Shopee platform to enhance the attractiveness and competitiveness of the store. The cost of decoration depends on the decoration plan chosen by the seller and the content to be added.
To open a store on the Shopee platform, you need to pay some basic entry fees and related service fees. Sellers can choose between different entry plans and transaction methods based on their own experience and expected sales goals. At the same time, when operating the Shopee platform, sellers should pay attention to the transparency of fees and the possibility of changes over time to ensure that your budget and income are within the management range. Above, we only discussed the corresponding fees. If you want to survive and succeed in Shopee, sellers also need to pay attention to the construction and improvement of factors such as brand value, product quality, and customer service, so as to win the trust of customers and the market, and ultimately obtain substantial benefits and profits.