Many Lazada sellers use different price adjustment methods after cloning their products to different sites. According to the data analysis of Lazada’s backend, unifying the product prices of each site can help sellers increase sales by up to 3 times!
Due to the different exchange rates of different countries, the author provides you with a universal formula:
Target site price = (Malaysia site product price – Malaysia site LCS fee – Malaysia site tax) x currency exchange rate + target site LGS fee + target site tax + difference in commissions and payment fees of different sites
LGS fee: The recommended price is only for products that have been scanned at the sorting center, so the LGS fees are accurate numbers. The shipping surcharge for selling electronic products in the Philippines site is also included in the LGS fee.
Difference in commissions and payment fees of different sites: Due to the price adjustment, the commission and payment fees will be different. The change will depend on the final online price. Therefore, the final recommended price will be adjusted according to the changes in commissions and payment fees.
If you are still too lazy to calculate, Lazada also sends the seller an email with the calculated recommended price for the seller’s reference.