Ecommerce

Lazada Gets Better for Merchants Starting August

lazada no commission

Lazada has big news!

Sellers on Lazada have been informed of changes taking place. Starting 1 August 2018, the e-commerce platform will be taking 0% commissions from their sellers. They are hoping that sellers in turn will transfer this savings by lowering prices to the consumers.

How does this benefit sellers?

  • Lower the cost of doing business on the platform
  • List your low margin assortment profitably
  • Easier finance¬†reconciliation process
  • Lower price = Higher conversion rate¬†= More Sales
  • Greater flexibility with promotion mechanics – e.g. use savings from commission to fund vouchers or drive traffic to the seller’s webstore

Other changes starting in August:

  • Removing “Change of Mind” return reason*
  • Change in customer return period
  • Faster weekly payouts for all sellers

With all these changes, Lazada puts themselves in a very good position, fighting head to head with Carousell and Shopee. Will Qoo10 follow suit? Let’s just wait and see.

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