Lazada, as one of the largest e-commerce platforms in Southeast Asia, provides a variety of convenient and fast payment methods. This article introduces the various advantages of Lazada local stores.
Advantages of Lazada local stores:
1. Increase exposure and trust
Lazada local stores allow sellers to establish their own brand image on the Lazada platform and increase their own visibility. Sellers can upload their own logos, banners, store introductions, etc. to attract more buyers’ attention and trust. At the same time, Lazada will also provide local stores with some exclusive marketing activities and resources to help sellers increase sales and revenue.
2. Unrestricted categories
Lazada has some category restrictions on cross-border stores, such as liquids, adult products, food and other non-saleable items. Local stores do not have these restrictions and can sell any legal products without worrying about being removed from the platform or fined.
3. Low commission fees
Lazada charges 1%-4% commission and 2% financial processing fee to cross-border stores. Local stores do not charge any commissions, but only need to pay shipping and other service fees, which can save some costs and increase profit margins.
4. Fast logistics timeliness
Lazada has certain logistics timeliness requirements for cross-border stores. If the delivery is delayed or the logistics is lost, it will affect the store’s rating and ranking. Local stores can use local logistics resources to provide faster delivery services and improve buyers’ shopping experience and satisfaction.
5. Higher ranking
Lazada will give priority to products from local stores because local stores are more in line with buyers’ needs and preferences. At the same time, local stores can also participate in more platform activities and promotions to obtain more traffic and exposure.
6. Short settlement cycle
Lazada settles cross-border stores every two weeks, which requires a certain amount of review and transfer time. The settlement cycle of local stores is once a week, and it is safer and more convenient to directly transfer money to local bank accounts.
The above content is about the various advantages of Lazada’s local stores. In fact, Lazada local stores have many advantages, but sellers need certain conditions and preparations to open local stores, such as local business licenses, bank accounts, warehouses, logistics, etc. After completing all the preparations, sellers can enjoy the operational advantages of Lazada local stores with peace of mind.