Is Shopee profitable? How is the Shopee business?

For cross-border e-commerce, you can consider Shopee and Amazon. Amazon has large traffic, a large market, and great opportunities. Shopee has many support policies for merchants. Is Shopee profitable?

There is no absolute answer to this question, and it varies from person to person based on the circumstances of each seller.

There are so many restaurants on the street, some of which close down after only a few months, while others are so popular that people have to queue up. The reasoning behind the two is roughly the same. To run a store well on Shopee, the seller's ability to operate the store, the perception of the market and the ability to obtain information are all indispensable.

1. How is the Shopee business?

First of all, Shopee, the Southeast Asian platform, is currently the largest platform in Southeast Asia, with eight sites covering Singapore, Malaysia, the Philippines, Central Taiwan, Indonesia, Thailand, Vietnam and Brazil. And according to official statistics, the number of downloads exceeds 200 million.

Of course, there are many cross-border e-commerce platforms. For example, the well-known cross-border e-commerce platforms such as AliExpress and Wish are relatively large. Although they are more mature than Shopee, they are under great competition. It is not easy for sellers who just want to engage in e-commerce or have small stores to do business.

Therefore, Shopee is the most suitable choice. And now it is actively inviting domestic sellers to join. The threshold is low, and there is no deposit, no usage fee, and a commission of 6% of the transaction amount after the new store is exempted from the three-month commission.

2. Is Shopee a reliable platform?

1. I don’t know whether Shopee is reliable or not. I only know that Shopee is currently an e-commerce platform in Southeast Asia, with a customer base of 600 million and more than 200 million App downloads. Its existence in Southeast Asia is like Taobao’s existence in China.

2. Shopee was founded in 2015 and is invested by Tencent, which holds a 40% stake. It has been developing rapidly in recent years. With more than 50% of the population in Southeast Asia under the age of 30, the demand for online shopping is very large.

Because of the historical opportunities brought by the Belt and Road Initiative, the entire market prospect of cross-border e-commerce is constantly expanding. It is estimated that my country's cross-border e-commerce transaction volume will exceed 12 trillion in 2020. If you want to engage in cross-border e-commerce, there are many platforms. I personally recommend Shopee, which is easier to break through.

In general, whether Shopee makes money or not is not up to me, but is determined by the merchant's own ability. If you want to make money, you must do a good job in product selection, operation, and promotion.