Since hundreds and thousands of marketplaces are available worldwide, it becomes an arduous task for a particular e-commerce business to choose the right one among them. It takes ample time to understand the pros and cons of marketplaces available for the business and then come to the right decision to choose. Hence, many people want to know about the Lazada seller and commission fees benefits.
How to start selling in Lazada?
Lazada marketplace has been there for a long time, primarily because of the statistics available on various Internet websites. We will understand some features of Lazada in the points given below to understand its value among the marketplaces.
Lazada has become one of the most popular marketplaces in the local markets, especially in Southeast Asia, for various businesses to grow.
This particular marketplace of Lazada operates in six different countries, and the most popular marketplace in terms of eCommerce in Malaysia happens to be the Lazada marketplace.
As far as Lazada marketplace’s monthly visits are concerned, it has 41 plus millions of monthly visits. There are over three hundred million Stock Keeping Units (SKUs) available.
We will understand Lazada seller fees as well ahead in this particular section.
Lazada seller fees
The sellers need to know a few types of seller fees, though this marketplace allows the sellers to list the products without any investment. But the sellers must know and understand a few types of Lazada seller fees and the methods of the fees.
Initial Deposits and Upfront Fees
Lazada never charges its sellers with any initial deposits and upfront fees. As a seller, you can register your account, list the products you want to sell on Lazada’s online platform, and get started.
Many online platforms in China, like JD Worldwide, Kaola, or Tmall, charge an annual fee of around $1,000 to $5,000, which is not the case if you sell your products through Lazada.
Lazada provides its sellers an opportunity to test and reveal the Asian markets.
Lazada’s Commissions
Lazada charges a commission on every sale a seller makes. Lazada deducts the commission after the products’ delivery and completion of payment by the customer. Commission rates differ among countries. The commission is ranged from 1 to 4% according to the products. However, the commission rates on products in Vietnam can reach as high as 8% based on the products’ category.
Besides, there will be an additional charge for VAT/GST in a few countries, like Thailand and Malaysia. Sellers also need to pay for advertisements to help them stay competitive.
Value added tax (GST)
The seller will find its information depending on where the sellers want to sell the products. As far as Malaysia is concerned, there will be a 6% charge on the products’ prices, whereas, in Singapore and Thailand, the fee percentage differs and will be around 7%. As far as countries like Vietnam and Indonesia are concerned, the fee will be about 10%. Only in the Philippines will the seller have to pay the highest fee, which will be around 12% of the product’s price.
Fees For Payment Service
If you are selling your products on Lazada, you can choose between two Payoneer and World First payment providers. You can integrate your online store with any of these companies as a seller by registering an account.
There is Alipay for Tmall Global and Tenpay for WeChat and JD Worldwide in China. If you use Lazada’s online platform, the lazada seller fees will be around 1 to 2%. The fees for deliveries to Indonesia, Malaysia, the Philippines, Singapore, and Thailand are about 2%.
However, you must contact World First and Payoneer to get the updated information as the service fee varies with time.
Shipping fee
Shipping plays a significant role in the final price charged to its customers. The shipping fee will apply depending on the location or the delivery country. Also, it will depend on the types of products sold. Lazada marketplace gives a shipping fee guide for sellers to understand it better.
If you want cross-border selling through the fulfillment center of lazada in Hong Kong, the shipping rates are higher than the local ASEAN sellers. The minimum fee of 12 to 37 Hong Kong dollars will apply per shipment country. Besides, you will get various benefits if Hong Kong is your hub. The Philippines have the highest rates as compared to any other country.
However, you must see the latest and updated Lazada seller fees before you initiate your selling process.
Now the sellers must have understood about Lazada seller fees that they will be charged from the marketplace of Lazada. Therefore, it becomes mandatory for them to include all such costs in their products to avoid any unnecessary spending that may be on their part and may frustrate their earning process.
Steps to start selling on Lazada
Becoming a Lazada marketplace seller is not going to be a challenging task. However, the process is quite effortless because the only thing required is to fill out the sellers’ registration form. After registration, the sellers will be eligible and ready to sell their products in Southeast Asian countries.
There are options for the sellers for cross-border selling because this is what Lazada allows. This particular marketplace welcomes all the sellers worldwide without any hurdle or interruption. Lazada also doesn’t ask for having a locally registered companies’ subdivision for sellers to become eligible to sell their products on Lazada’s online platform.
How to set up a seller account
There are three simple steps that the sellers who aspire to sell on Lazada will have to follow. Following the steps mentioned below will make it easier for a seller to set up an account quickly.
Sellers need to visit the official website of Lazada marketplace and complete the registration form by filling out the required information. The sellers need to provide their company’s details, and they also need to provide a valid phone number, email address, and other information required.
The second step will include applying the process of approval. After filling out the application, the sellers can receive a confirmation mail if the sellers’ data is correct.
Once the confirmation mail is received on the sellers’ mail, they will have the option of activating their account through the link they receive.
Product Listing
If the sellers want to add their products to the marketplace, it will not be difficult for them because they will have to go through the three options to add their products.
- The sellers can add the products one by one.
- The sellers can upload the products in bulk as well.
- The series can also choose a multi-channel listing platform to add their products.
After the completion of the products’ listing by choosing any of the three methods mentioned above, the sellers can give the product details, images of the products, and product descriptions in a concise and precise manner for the customers to understand their products very well and get fascinated to buy those products.
Is the Seller’s Payment of the Money Required?
Currently, you essentially don’t need to bother about Lazada fees for sellers. Furthermore, there are no set fees or monthly costs for Lazada’s seller fees. This means there are no setup costs or ongoing monthly expenses while setting up and managing a Lazada account to begin selling goods.
Every whenever you make a sale, you’ll be liable for a 2% payment charge and a cross-border commission cost of 1% to 4%. Whether you are based outside or within Southeast Asia, the charges do change. All the lazada seller costs a lazada merchant must pay are listed above!
What are the details of a free shipping voucher?
When shopping on Lazada, you may have noticed the free shipping indicator, but do you know what the free shipping coupon is? Lazada hence gives free delivery. This promotion aims to promote sales by bringing in more customers. However, before a customer can use a coupon, they must enter a Lazada redemption code. With the help of this tool, Lazada shipping fees paid by sellers may be minimized.
For your information, Lazada may provide three distinct types of coupons, including:
- Lazada gift cards – All items in Lazada except for digital goods may be purchased with this gift card.
- Lazada Seller coupons are available and may only be used at certain stores.
- Payment coupons – When you pick the preferred payment option, this coupon will instantly be applied to your order.
An automatic free daily Lazada shipping charge voucher will be applied when your order satisfies all the conditions. How can I utilize a coupon for free shipping? It is equivalent to utilizing the free delivery coupon code 2022. The actions you must take to do it are listed below:
- Visit your Lazada account first.
- On the checkout page, scroll down to the section for coupons.
- All the discounts and coupons used on your order are displayed there.
- Decide which voucher you wish to use for your order.
- The final action is to confirm.
What are the cashback details on Lazada?
Lazada cashback entails receiving money back on purchases. This payback often takes the form of a percent of your purchase price. It will deposit cashback into your Lazada eWallet. Normally a credit card function, this cashback can occasionally be used with other payment methods.
When you buy specific goods that provide cashback on Lazada Malaysia, you can receive a rebate in your Lazada wallet. When the cashback item and all other items from the same purchase are delivered, this payback will be automatically paid to your Lazada wallet. To collect the money, don’t forget to verify your Lazada wallet.
You won’t be able to spend your cashback on your subsequent purchase if you don’t activate your Lazada wallet.
How to spend the money back on Lazada may be a concern when you receive your reward. The cashback you were given can be used for your future Lazada purchase. On your subsequent order, you must choose the Lazada wallet for your payment method. Your earned Lazada cashback will be applied instantly when you purchase and will be treated as a refund.
How Do I Use Atome To Buy From Lazada?
Customers have other payment options through Atome, a Singapore-based firm including over 15,000+ online and offline retailers as clients, affecting outcomes in 10 locations. By scanning the QR code on a partner merchant’s in-store shelf or online checkout, customers may use the app to break up their purchase into three monthly installments.
By dividing their payments so that there is less harm in one go, Atome users can better manage their money and minimize the cost of higher-quality items. Download the app right away to save $10 on your first purchase!
Here is how Atome functions.
Follow these steps to pay with Atome:
- Scan the Atome QR code accessible at the counter while leaving a Coach store in Singapore.
- When prompted, sign in to your Atome account or make a new one if you don’t have one currently!
- Pay only a third of the whole sum upfront.
- Congratulations, you’ve just completed your first Atome purchase!
Final Point
The sellers should not be worried about Lazada commission fees as they will have many benefits after using this particular marketplace to sell their products in various countries.
Sellers need to understand the benefits and profits they will get from their various products. They need to provide exceptional and quality products to have good and positive customer reviews, with the right price management, good product listings and images, and discounts and promotions.
You can check https://www.atome.sg to elevate your selling experience with us. You can reach our team of experts to grow your business. Also, if you are willing to delete the lazada account, this article provides all the information you have to know.
Start selling with Atome to avail of the maximum benefits! (get the app)
