But even after that painful drawdown, Sea's stock still remains about 240% above its IPO price of $15 from five years ago. Let's review the three reasons to buy Sea's stock -- along with three reasons to sell it -- to see where it might be headed.
Started in 2010 selling books online, Tiki has seen tremendous growth and now states itself as the second top e-commerce site in Vietnam and sixth in Southeast Asia countries, and Tiki now showcases electronics, lifestyle goods, and of course books.
In this guide, we will demonstrate how an IP infringement complaint may be submitted to have listings of counterfeit products removed from Shopee. We will also briefly set out the penalty regime that Shopee has implemented to penalize sellers of counterfeit products on the platform.
Shopee is a Southeast Asian ecommerce platform headquartered in Singapore. Apart from serving as an online marketplace for merchants and consumers to buy and sell products internationally, Shopee also offers an in-house payment service (ShopeePay) and logistical support for its users.
In practice, a commonly relied upon but often non-conclusive indicator of a counterfeit product is its sale price. However, a seller is not restricted from offering counterfeit products for sale at the same or around the same prices as genuine products, especially if the counterfeit products are of a high quality. To assist in the identification process, trademark owners may wish to implement unique features and/or identifiers on their products and/or product packaging that are difficult for counterfeiters to identify and replicate.
For example, if listings of counterfeit products have been found on Shopee Singapore, an IP infringement complaint must be submitted to Shopee Singapore via the IPR Form for Shopee Singapore. If a seller of counterfeit products operates on multiple Shopee domains, separate IPR Forms for all domains containing such listings must be submitted.
If the Shopee admin chooses to issue a warning, it will pop up on the seller to warn that their content is violating Shopee Live policies. If the host does not heed it, the admin will terminate the livestream. The pop-up will dismiss automatically if the issue is addressed.
Shopee started as a free service for vendors to sell their products online and for buyers to shop at nominal rates with home delivery convenience. This is how it acquired the majority chunk of the Southeast Asia market. It then started charging some transactional fees and adding more features on the platform. It has hosted several sales campaigns like 9.9, 11.11, 12.12, etc. It broke its first sales record in 2020, with over 2 billion items sold in a sales campaign (11.11 Big Sale). This is equivalent to the sales recorded in the last quarter of 2021. Therefore, making Shopee the most liked app for shopping online in Southeast Asia.
The statistics of e-market presence and customer acceptance of the overall brand mentioned above in this draft makes it a must go place to sell online. Shopee has served as one of the most lucrative bridges between the customers and vendors.
In order to understand why one should sell on Shopee, one can introspect why customers buy from Shopee over other e-commerce platforms. The first and primary reason that makes Shopee as the go-to customer's choice is its security assurance. Shopee provides strict regulations ensuring better protection in its Shopee Guarantee Program. This means that customers can never get a fake or duplicated product. This has built the real trust factor in the market and outspread widely even with late entry as compared to other e-commerce platforms. The customers are more likely to prefer Shopee for an expensive product purchase. Thus, once a company or distributor is verified to sell on Shopee, they are projecting their business to a huge prospectus of customers from different countries.
Furthermore, Shopee platform provides some effortless features and support to its seller community just as it assures its customers for quality products and smooth shopping experience. Some benefits of selling on Shopee include:
Further, the Shopee registration process asks for other company details that are necessary to verify the brand identity. It also makes it mandatory for sellers to generate invoices for payments and other necessary receipts for credit transactions if any. It requires following to be verified as an authentic seller:
The most important note to make is that Shopee does not allow any redirection outside its online platform. Therefore, sellers should not use any product descriptions or links that direct them to other website pages. The sellers also should not initiate any payment gateway outside the Shopee platform. They should have verified access to use any one or all of the payments options provided by Shopee like:
The basic registration process begins with a normal signup procedure that verifies the seller's contact details. On approval, one can create their seller account on Shopee. All the steps to follow thereafter are mentioned below:
Shopee Preferred Seller is a badge that a seller gets his/her profile based on criterias defined by Shopee. This features a seller shop in the recommended section and increases its visibility to users. This can be achieved by strictly following the guidelines laid by the Shopee. Abiding by the same helps sellers increase their sales and meet criteria which further notifies them that they have qualified and may further participate in the Preferred Seller programme.
As of 2021[update], Shopee is considered the largest e-commerce platform in Southeast Asia with 343 million monthly visitors. It also serves consumers and sellers across countries in East Asia and Latin America who wish to purchase and sell their goods online.
In February 2015, Shopee launched in Singapore as a social-first, mobile-centric marketplace where users can browse, shop and sell products. The asset-light platform is integrated with logistical and payment support, and claims to make online shopping easy and secure for both buyers and sellers.
The app-based platform launched a website to compete with other e-commerce companies such as Coupang, Lazada, Tokopedia and AliExpress. To differentiate itself, Shopee offers online shopping security through its own escrow service called Shopee Guarantee, which can be used to withhold payments from sellers until buyers have received their orders.
Shopee Integration for WooCommerce connects your WooCommerce store to the Shopee marketplace and automates your process of selling. It provides centralized management between your WooCommerce store and Shopee marketplace.
b) Scheduler Information:Bulk Profile Sync Product UploadThis scheduler will help you to upload your products automatically on shopee with the help of profile data.The Scheduler Information is packed with updated features to help you import products & set the scheduler events.
Admin can view all the product details such as the assigned Profile name, Product selling price, and the Product inventory.Admin can edit the product meta-keys and assign the profile to the products. Also, the admin can upload the selected products to the Shopee marketplace.
Q2- How much would Shopee commissions costAns. The Shopee business concept allows you to list and sell your items for free. Shopee does not charge its merchants any commission fees or listing fees. You keep all you make, regardless of the profit you turn.
Selling was introduced on 8/17/2019 and allows players to sell unwanted items in exchange for Credits. Only consumables, Honey, and Quirky Orbs can be sold and the Credits received for selling is half of their purchase price. There is a randomized limit on the amount of money obtainable from selling, which has a maximum of 200 Credits. It resets at 2:00 AM EST, 8:00 AM EST, 2:00 PM EST and 8:00 PM EST, which allows you to sell more items.
The second tab is called \"Buy/Sell Commodities\". This tab is identical to the Trade Commodities tab in the \"Inspect the Hold\" screen on a ship. Here, you can buy and sell commodities, or compare your buy and sell prices to the buy and sell prices of others. Only the commodities relevant to your stall type will show automatically. You can use the selectors at the top of the screen to choose to see different categories of commodities, including ones that your stall doesn't use.
Most stall types sell some sort of finished products through the dock interface. For instance, distilleries will sell rum, grog, and swill, and an ironmonger will sell cannonballs through the docks to ships in port. In these stalls, it is important for owners and managers to order and deliver goods to sell through this interface.
In the \"Manage Prices\" screen, you can set sell prices for these finished goods. If your sell price is the lowest on the docks (even if it matches several other sellers) you will find that people will buy your goods. It is important to be aware of your production costs so you do not sell products for less than you paid to make them. The spreadsheets linked above can help greatly in this regard. Some goods will sell faster than others, of course, so you may want to make these in higher volume. A weavery, for instance, will probably sell a lot more white cloth than black cloth, since it is used much more frequently by tailors and furnishers.
As the first thing, register on the Shopee platform as a seller on their official site. You will need your phone number to register. Later, verify your phone number by entering the one-time code you receive.
You can always see how well the selected keywords work for you and what is the ROI. They allow a maximum of 5 keywords for bidding for each Shopee seller Singapore. The starting CPC is SGD 0.05 per word. 59ce067264