Shopee recently announced that the Singapore site will resume the use of the SLS-Standard Express - Pick Locker self-pickup cabinet channel on November 7, 2022. In terms of rates, the cross-border logistics costs of this channel are consistent with those of the Singapore Express Channel and the Buyer Pickup Channel. The initial price (≤40g) is 0.72 SGD (Singapore Dollar); the additional price is 0.15 SGD/10g. The buyer pays 0.6 SGD for the self-pickup channel, and the seller pays the following freight: initial price (≤40g) 1.32 SGD; additional price 0.15 SGD/10g. The channel will be reopened to all sellers except heavy goods sellers and will be opened by default. If sellers do not want to use this channel, they can close it by themselves in the Seller Center. Please refer to Shopee Seller Learning Center > Set up logistics channels for operation. The resumption of use of this channel does not involve changes in sellers' hidden prices. It is worth mentioning that Shopee Singapore will begin to levy low-value goods tax and overseas warehouse incentive program. According to the regulations of the Singapore government, starting from January 1, 2023, an 8% goods and services tax (GST) will be levied on imported low-value goods purchased by individual buyers in Singapore (referring to all goods that arrive in Singapore from overseas by air/mail and are priced at S$400 or less). At the same time, the consumption tax on low-value goods will be borne by buyers in 2023. At that time, the platform will uniformly increase the consumption tax by 8% on the product price interface of the seller center, and sellers do not need to change prices or pay any fees. Sellers can adjust store-related marketing tools as appropriate, such as coupons, add-on discounts, package discounts, etc. In addition, Shopee Singapore Overseas Warehouse (FBS) service will provide comprehensive warehousing and distribution solutions for cross-border sellers. Overseas warehouse refers to the sellers shipping in batches to Shopee's warehouse/transshipment warehouse located in the local site, which provides warehousing and drop shipping services. Cross-border sellers who join the overseas warehouse can enjoy a simple delivery process, shorter delivery time, exclusive warehousing support and abundant resource rewards. During the promotion period, Shopee Singapore Overseas Warehouse provides sellers with more favorable handling fees and storage fees. Applicable to any type of handling fees and storage fees of any storage duration. |
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