The Malay shopee site should be Shopee’s earlier website. The first website that many companies that only join Shopee consider is Malay, but to build a Malay website, they must first determine one point, and that is how to price?
For those businesses that don’t know pricing, you might as well take a look.
What aspects should be considered when pricing?
Profit = revenue – cost, price = cost + profit, and the shipping fee also needs to be paid by the merchant, so the merchant can load the shipping price on the pricing, so the final price includes cost, profit and hidden costs. shipping costs.
Some products in the store are low-priced, and some are high-priced. After the store is opened, this does not mean that users can place orders after the products are uploaded. Merchants all need purchase prices and divide products into traffic and profit funds. The price of traffic-draining products is lower. Such products do not pursue profits and sometimes even make losses. But for store sales, traffic diversion is an indispensable approach. Of course, not all of them will lose money. Many customers will mix and match items when they come into the store to buy things. A single purchase may cause losses, but if several items are matched together, the merchant will make a profit.
Profit money is also essential in the store. If the traffic-draining products have a good traffic-draining effect, then the store’s source of profit will depend entirely on the profitable products. Therefore, sometimes the profitable product is not the best-selling product.
When most people choose products in the early stages, they will choose the 1688 website. But at the same time, many people go there because of the favorable prices, but as time goes by, some people will find that not all products on this site are the cheapest.
Not all sellers on 1688 are manufacturers, there are also many wholesalers. Therefore, what they get is not the lowest, so merchants need to keep their eyes open, compare the prices of the same sources of goods on major platforms, and strive for the lowest price of products.
1688 is a fully supplied website. There is a wide range of products and low prices. The price of high-end products will naturally be high. In the final analysis, product price is still related to its own value.
The above is how Malaysian shopee prices are shared with sellers. I hope it will be helpful to shopee sellers on pricing. Lianlian International always pays attention to every little thing about sellers, and will also bring articles on related aspects in future articles to help sellers operate better.