What is the difference between Lazada local stores and cross-border stores?

Lazada has both local stores and cross-border stores. Many people may think that since Lazada already has local stores, why does it need cross-border stores? So, what is the specific difference between local stores and cross-border stores? This is also what many merchants who open stores are confused about when choosing a store.

1. The difference between La's local stores and cross-border stores

1. Cross-border stores:

Store opening information: company license, corporate Alipay account.

Accounts receivable: corporate Alipay account or corporate account.

Entry fee: 3,000 yuan deposit

Logistics and delivery: Just send La's lgs logistics. The platform has warehouses in Yiwu, Shanghai, Wenzhou, Xiamen, Fuzhou, Shenzhen and Quanzhou. The store needs to deliver the goods to the nearest warehouse within 5 days after placing the order.

The warehouse can scan and put goods into the warehouse, and the logistics time limit is 4-14 days. You can also apply for overseas warehouses on the platform in advance, and reserve hot-selling goods in Southeast Asian overseas warehouses in advance, so that they can be quickly shipped locally by la to consumers during big promotions.

Logistics cost = international freight (local warehouse to buyer) + domestic freight (factory to domestic warehouse);

2. Local stores (the team’s word-of-mouth content will not need to specifically recommend local stores in the future):

Store opening information: personal passport and local bank card. Passports cannot be used for Philippine websites. Local ID card or company business license is required;

Collection account: local bank card (local stores or unreliable local people still have collection risks, so be careful)

Logistics and distribution: prepare the goods to the local warehouse, the store sends the order from the local warehouse, and the buyer is responsible for the final logistics, so the time limit is very fast;

The cost of entering a local store in China = local storage fee + manual warehouse management fee + international container logistics fee

Which is better, a cross-border store or a local store? Here are some objective suggestions:

1. In terms of data collection, if you don’t have a company or reliable friends in Southeast Asia, raising funds from local stores may be risky;

2. The investment of local stores is lower than that of cross-border stores. In the past, sea freight was cheaper than domestic direct freight.

3. In the early stages, local stores are faster. La's overseas warehouses have been built in Indonesia, Malaysia, Singapore, the Philippines and Thailand. After the cross-border stores are stable, they have become overseas warehouses. In fact, the logistics efficiency is also very fast;

4. In fact, the two types of stores are similar in terms of traffic support. Local stores are better than cross-border stores, and the prices will be cheaper, but the product styles, especially the new ones, are not as fast as cross-border stores.

The difference between La's local stores and cross-border stores is actually mainly in the store opening information, accounts, and logistics. Of course, local stores have the advantages of local stores, and cross-border stores also have their advantages. Merchants can compare the costs and your advantages, and then choose to open a store.