How to Create Lazada Seller Account, Requirements, and Fee

The increasing living cost nowadays makes the employee with minimum wage salary hardly able to make ends meet. The 8 to 5 working hours make the part-time job seem impossible but fortunately, you can still run an online business to gain extra income. All you need to do is know how to create Lazada seller account, upload your products, and do promotions to attract customers. Find every information you will need to start through this article.

3 Reasons Why I Need to Create a Lazada Seller Account

Are you still deciding whether or not to start your first online business through Lazada? Here is some reason why Lazada is the best platform to start your online business. Hopefully, it helps give an insight for you to make up your mind:

High Traffic

Lazada has more than 50 million annual active buyers and has become one of the most popular marketplaces throughout Southeast Asia. Besides, according to SimilarWeb, Lazada is the second most visited marketplace in the Philippines in March 2022.

Cross-Border Selling

Many e-commerce platforms including Lazada have already allowed cross-border selling. You can now easily resell the products from China suppliers which tend to sell decent products at a cheap price. You won’t have to worry about the global shipping procedures and handling because Lazada will help you take care of it.

Read also: 7 Ways To Become Lazada Overseas Seller And Its Benefits

Supportive System and Tools

When you are becoming a Lazada seller, you can get a free course for online selling through Lazada University. If you need to find answers for the Frequently Asked Questions or the basic problem solving, you can access articles from Lazada Help Center through the Lazada Seller Center Philippines.

Lazada also provides responsive customer services you can reach out to any time you need shall the answer in Seller Help Center Lazada couldn’t answer the problem you have met. If you ever need a third party to help you organize and decorate the layout of your store to make it attractive and presentable, Lazada also has the Service Marketplace that will help you connect to the graphic designer that will help you with your layout and store display.

Lazada also has an advertisement tool that will help you promote your product and store to gather more traffic and potential buyers visiting your store. You can also join Lazada’s campaign and flash sales to boost sales and increase store exposure.

You Might be Interested: 3 Steps How to Join Flash Sale in Lazada Philippines

What Are The Requirements for Lazada Sellers?

The general requirements to become a seller in Lazada is:

• A Business License in the Philippines.
• A Payoneer card that is registered under the enterprise name.
• An active email and phone number that you will be used to register a Lazada seller account.
• It will be splendid if you have experience with other online marketplace but if you don’t, it is also okay because you will have Ginee to help you out.

Can Individuals Sell on Lazada?

Sure. You can still start selling on Lazada even if you are an individual seller. According to the Lazada Seller Center app, individual sellers will have to complete these two steps:

Verify or Upload the Required Document to Your Seller Center Account

What you will need to verify or upload is:

• Your business, warehouse, and return address.
• Valid government-issued ID such as TIN, Driver’s License, SSS, or Passport.
• Input your bank information with a matched name as the uploaded ID.

Remember to always keep your address updated because Lazada’s courier partner will refer to the listed address for pick-up and returning orders. To submit the bank information, you will have to go to “My Account”, choose ” Profile”, and then click on the “Bank Account” menu.

What is bank information document Lazada, and how is it important? 

Comply with the Following Requirements of the Online Micro Sellers Marketing Cooperative

All individual sellers need to be part of the COOP so they can continue to sell in Lazada. The COOP Lazada seller agreement is:

• Complete the Pre-Membership Education (PMES) training which should be completed by the seller within one year of signing up as a Lazada seller. The online PMES are usually scheduled on Tuesday and Wednesday.

• Fill out the membership form and upload the necessary documents within at least one month after signing up as a seller. Shall you didn’t comply, Lazada will deactivate your store.

• The necessary documents that should be uploaded include proof of citizenship, Individual Tax Identification Number (TIN), and Personal ID-Type photo.

• Pay for the Membership Fee and the Minimum Capital Share Requirement. This shared capital is member ownership and capital contributions in the Cooperative and is required in all coops.

Is Selling in Lazada Free?

Selling in Lazada isn’t completely free. You will be charged for platform fee, transactions fee, and commission fee if you are part of the LazMall seller. There will also be a different cost charged between individual vs corporate seller Lazada. 

How Much is The Seller Fee in Lazada Philippines?

The seller fee charged by Lazada might differ from one seller or another. Usually, the platform fee will be on average 2% but will be different if you are taking the promotional offers. Micro sellers will make a 100% point contribution to the cooperative to cover the cost of taxes and other services.

Read also: How Much Commission Does Lazada Charge? Let’s Break It Down

Conclusion

After registering to become a Lazada seller, you will also need to make promotions so you can have a higher chance to be discovered by potential customers. If you know how to find seller ID in Lazada, you can also attach your seller ID to your product catalog and share it through your social media.

Join Ginee Philippines!

You can also boost your sales with the help of Ginee Philippines. Ginee can help you find the best-selling product not only in Lazada but in other markets while making your product become one of the best-selling items. Ginee also has lots of amazing features like product management, order management, customer management, and promotions tools that will boost your sales and help you manage your online store efficiently.

Be the expert in online business and conquer all platforms while becoming the pioneer in the market with the help of Ginee. Register yourself to Ginee Philippines now and claim the seven days free trial. Discover the unlimited possibility of success you can gain alongside Ginee now. Join Ginee Philippines!