What is Shopee commission? What are the commission standards?

The operation of each Shopee site is different, and the operating profit is determined by their respective operating strategies. Not everyone has the highest profit on the same site. So what is the Shopee commission?

1. What is Shopee commission?

Shopee commissions are orders that require commissions, and there are the following requirements:

(1) Transaction commissions are only charged for completed orders (the commission base does not include order shipping costs);

(2) No commission will be charged for cancelling orders;

(3) The same seller shall be exempted from transaction commissions on each site on the platform within the first three months of that site.

2. What are the standards for commission?

Currently, Shopee has several warehouses in China that provide transportation services for sellers. Sellers must first transport the goods to the Shopee warehouse, and then Shopee will package and transport them to the destination warehouse. Both transportation processes require sellers to pay a certain amount of transportation fees. The specific fees are subject to the transportation fees of the logistics company and Shopee.

The withdrawal fee is mainly charged based on the payment method chosen by the seller. For example, the withdrawal fee of Payoneer is about 1.2%; Lianlian is about 0.7%. It should be noted that this fee is different from the withdrawal fee of the payment, and both fees are paid by the seller.

Generally, the pricing of other e-commerce platforms is mainly based on selling price = cost + profit. However, Shopee is a little different. The shipping fee is not calculated according to the display on the front desk. Instead, selling price = cost + profit + hidden shipping fee. To be more specific, it is the cost of purchase + profit + domestic shipping fee + additional shipping fee when overweight + part of the platform commission - the shipping fee borne by the buyer. These are the pricing standards for Shopee products.

After seeing the relevant rules of commission on the cross-border e-commerce Shopee platform, merchants must have a general understanding of the policies in this regard. In addition, they also need to understand the transaction fees on the platform. This means that the merchants’ products can also be appropriately increased in price.