Do I need a deposit to open a Shopee store? How much is the deposit?

The Shopee platform supports individuals to open stores, and it is free to open a store on it. However, this does not mean that opening a store on the Shopee platform is completely free. When you participate in Shopee official activities, you will need to pay a deposit. Let’s take a closer look below.

Does opening a personal store on Shopee require a deposit?

No, Shopee's achievements in the Southeast Asian e-commerce field in recent years are obvious to all. More and more Chinese sellers have begun to turn their operations to the Shopee platform.

Compared with Amazon, the world's largest e-commerce platform, Shopee also has certain advantages, especially in the Southeast Asian e-commerce market. At the same time, new sellers do not need to pay any fees to join the Shopee platform, and of course, they do not need to pay a store deposit to the platform.

According to Shopee's seller policy, new sellers joining the platform do not need to pay store rent or deposit, and the platform will not charge any commission in the first three months after the seller successfully registers.

Commission refers to the amount the platform will deduct from the store sales after an order is completed. The commission charging standards will be different depending on the products sold by the seller.

According to the commission range, Shopee generally charges 3%-5% of sales as commission.

In short, it is free for sellers to register a store on Shopee, and no registration fee is required. As for the registration information, the sellers need to provide it by themselves.

It should be emphasized that although Shopee does not charge sellers a deposit for daily store operations, if sellers want to submit activities, they need to pay an activity deposit to the platform.

In August 2021, Shopee officially launched the event deposit system, whose main purpose is to reduce sellers' illegal operations during the event and improve buyers' shopping experience.

At the same time, Shopee also emphasized that after the implementation of this policy, only sellers who have paid the event deposit can participate in official activities, and sellers who have not paid the deposit cannot participate. It is understood that the charge standard for Shopee's event deposit is 3,000 yuan. If the seller violates the rules during the event, the platform will deduct part of the deposit as a penalty.

So, what actions of the seller will result in the deposit being deducted?

1. The seller has previously reported to the platform to participate in the event and paid a deposit, but canceled his participation at the last minute.

2. The order was cancelled due to the seller's reasons, but no compensation coupons were issued to the consumer.

3. The products that the seller offers for the event are inconsistent with the products actually shipped.

4. The products sold by the seller during the event are counterfeit or imitation products.

Therefore, Shopee sellers should abide by platform regulations when participating in platform activities to avoid unnecessary losses.

Generally speaking, sellers do not need to pay a deposit to register a Shopee store, but if they participate in Shopee official activities, they will need to pay a deposit of 3,000 yuan.

Although you don't have to pay a deposit to open a personal store on Shopee, you still need to pay a deposit if the store needs to participate in an event. This is just to ensure that the merchant can abide by the rules during the event, so after the event is over, the merchant can choose to refund the deposit.

Recommended reading:

Can the Shopee deposit only be refunded to the public account? What are the requirements?

How to change real name on Shopee? How to operate a store?

How to upload products on Shopee? How to write product descriptions when uploading products?