What is the difference between Lazada and Shopee local stores and cross-border stores?Which is better

What are the advantages of Lazada and Shopee local stores?Which is better?

What is the difference between Lazada and Shopee cross-border stores and local stores?

XNUMX. Fees for different platforms

• Lazada local stores do not charge commissions; cross-border stores charge 4% commission points + 2% VAT.
• Shopee's local store commission is 2%; cross-border store opening 6% commission point + 2% VAT (platform deduction is free for the first 3 months of the new store).

Second, the difference in logistics costs

• After the local delivery of Lazada's local stores, the buyer pays the postage by himself, excluding international freight; the logistics of cross-border stores is divided into domestic segment (factory-domestic transit warehouse) + international end.
•  Shopee's local store platform is self-collected, and the freight is borne by the buyer; cross-border stores are also divided into domestic section + international section.

XNUMX. Commodity categories

• All categories of Lazada local stores (one store can do everything, no restrictions); cross-border stores are prohibited from selling food, skin care products, cosmetics, mobile phones, computers, and adult products.
• Shopee local stores are also full categories (one store canunlimiteddo anything in a controlled manner) cross-border shops are prohibited from selling multiple products: food, mobile phones, computers, guns and tools, (same type as Lazada and shopee)

XNUMX. Payment cycle

• The arrival time of Lazada's local stores is generally about 5 days, which means that the logistics is properly displayed and the platform will release the money.The arrival time of cross-border stores is about 14 days, and the funds are withdrawn for at least 2 weeks.
• The delivery cycle for Shopee local stores is generally 5 days.Cross-border stores need to bind Payoneer, PingPong or LianLianPay cards to return the payment.Payment dates are mid-month and end-of-month.

As mentioned above, Shopee and Lazada are definitely better local stores.

If a cross-border seller wants to become a local store, what are the risks?

1. Store registration:

• Local stores on the above two platforms need to register local information, or use local personal ID cards or local companies.
• So if a company wants to do without the information of these two companies, it must need to go to the store to buy.
• If you buy a store, you bind someone else's authentication information and bank card.

2. Fund security:

• Buying a store is related to the collection of funds, and now there are many domestic companies that collect payment on behalf of others.
• If you want to grow in the long term, you must choose a reliable partner company.
• Otherwise, the store is up and running but has not yet received any funds.That is to draw water with a bamboo basket.

(However, those who buy later can change the store information and bank card in Southeast Asia)

3. Stable supply:

• If there is a local inventory area, ensure a stable supply of goods. If you are a drop-shipper from a virtual warehouse, can the arrival time be controlled?
• This is a question that should be considered in advance.