Meike Duo Store Operation Guide: Detailed explanation of payment settings, store levels and brand certification

1. Detailed explanation of the payment settings of Meikeduo’s local stores in Brazil

The payment settings of Meikeduo’s local store in Brazil are crucial for sellers. Sellers can choose from the following payment methods:

1. Mercado Pago

Mercado Pago is Mercado’s official payment system and is suitable for Mercado Brazil’s deductions. Sellers can deposit receipts in their Mercado Pago account and manage them in Seller Center.

2. Bank transfer

Sellers can provide their bank account information to buyers, and buyers can remit money directly to the seller’s bank account through offline bank transfers.

3. Payment link

Sellers can generate payment links and share them with buyers through various channels. Buyers click on the link to select a payment method to complete the payment.

The specific steps for setting up payment are as follows:

• Create a Meikeduo merchant account
  • Browse Mercado Brazil’s official website and register a merchant account, providing store name, contact information and other information.
• Configure payment method
  • Log in to your Meikeduo merchant account, find the “Pagamentos” option, select the payment method you want to use, and provide relevant information.
• Set products and prices
  • Create a product catalog in your merchant account, enter details and upload product images.
• Create a payment link or button
  • Select a specific product in the product list and generate a payment link or button.
• Apply payment link or button to Meikeduo store
  • Add the generated checkout link or button code in your store settings.

2. Meike’s multi-store level reveal: build an excellent store and enjoy traffic and benefits

Meikeduo store levels are divided into five levels: new store, ordinary store, high-end store, diamond store and crown store. Stores of different levels enjoy different levels of exposure and benefits.

• General Store: Enjoy the convenience of listing products for free.
• Premium Store: Enjoy more promotion opportunities and brand cooperation opportunities.
• Diamond Store: Enjoy more promotional resources and brand support.
• Crown Store: Enjoy maximum exposure and brand resources.

The improvement of store level means higher exposure and more benefits. Sellers should actively improve their store level.

3. The main differences between Meike multi-brand stores and ordinary stores

There are some key differences between branded stores and regular stores:

1. Brand certification

• Brand Store: It displays genuine authorized products that have been registered and certified by the brand.
• General store: The product has not been certified by the brand, and the authenticity of the product may be low.

2. Brand protection

• Brand Store: Enjoy more brand protection measures.
• Ordinary stores: There are fewer brand protection measures and you need to monitor and maintain brand rights by yourself.

3. Brand display

• Brand Store: Better display of brand image and story.
• General store: Brand display is relatively limited.

Branded stores can better display the brand image and attract loyal customers. Sellers should choose the store type according to their own needs.

4. Store pricing strategy

Store pricing needs to consider the following aspects:

• Determine the market reference price line
• Determine traffic allocation for different price segments
• Determine price profit margin
• Use the 3, 5, and 10 times of the price band

Through scientific pricing strategies, sellers can meet market demand and improve sales results and profits.

Conclusion

Through the above introduction, we can see that aspects such as payment settings, store levels and brand certification of Meike’s multi-stores are very important. Sellers should choose appropriate payment methods based on their own circumstances, upgrade their store level, and apply for brand certification to enhance the overall competitiveness of their store.