You can get paid in Lazada Philippines if you know how to sell products in Lazada. This means that, yes, you will be earning while you are selling even just from home. You can get paid by selling products and having a good store performance on Lazada.
Related: How to Fulfill Orders in Lazada?
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Can I Get Paid from Lazada Philippines?
There are no set fees, no listing fees, and no hidden costs when you shop on Lazada. Their commission and payment fees are dependent on the unit price of your product and are charged just once per order. In the Philippines, there are two methods to make money on Lazada. The first is to sell products.
The first alternative is to register as an official Lazada seller and earn money by selling both physical and digital products on the platform, as described above. An alternative way for individuals in the Philippines to make money on Lazada is to become an affiliate marketer for the website. In today’s article, we’ll go over both of these possibilities, as well as how you can make more money on Lazada and raise your financial revenue online in general.
Related: Lazada Philippines Community Policies.
When and How Do I Get Paid?
From Monday through Sunday, all orders that are delivered will be paid on the fourth Thursday of the following week. Please keep an eye on your Seller Center to see if any of your orders have been completed.
For new individual sellers, your first payment will be made available up to three weeks after your first delivered order has been received. That’s because, as a New Seller, your bank account details and supporting documentation will be subjected to a verification process before your first payout can be processed.
You will get an online transfer of funds to your bank account after making your payment. Monday through Sunday is the cutoff date. All orders that are delivered between Monday and Sunday will be paid on the Thursday of the following week.
For the time being, please provide a scanned copy of the duly completed form 2307 as well as the WHT Claims Form to MP Finance (mp.finance@list.alibaba-inc.com). Please use the following email subject format: Submission of Form BIR 2307 – Payee Name – Seller Center ID. Retain the hard copy since we will still ask you to send it to the Lazada office once we have resumed operations at the office; this is only a temporary solution.
Generally speaking, the payment procedure is divided into three stages: the statement cut-off, (ii) the payment release, and (iii) the payment received by the seller. Please see the table below for an estimate of the time required and what happens throughout each stage.
Statements That Are No Longer valid (D):
All delivered orders (with a status update of ‘Delivered’) for the previous calendar week (Monday-Sunday) will be combined for payout on this day (Monday-Sunday). Every Sunday, the deadline for submitting statements is reached.
Payment Authorization (D+1)
Lazada will begin releasing the money to your bank on the following business day following the Statement cut-off date. Every Monday, something like this happens. Please keep in mind that this does not imply that the funds will be available in your bank account on this particular day. Following the release of payment, it may take up to 3 to 4 extra business days for your bank to process the funds into your personal account.
Seller Receives Payment (Between D+4 and D+5).
The payment will be deposited into your bank account once the money has been processed by your financial institution. As previously stated, this may only occur after 4 business days have passed once the payment has been released. To summarize, you should anticipate getting your reward around the 4th or 5th business day following the end of the contest. Statements must be submitted by a certain date.
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Tips to Sell Products in Lazada and Gain More Profits
Here are some tips that you can use to sell in Lazada and gain more profit.
Take Advantage of Discounts and Promotions
When you initially create a product listing on Lazada, you are starting from the very beginning of the procedure. You have no product reviews and no sales history to back up your claims. It is difficult to persuade customers to place their trust in a product listing that looks like this. Providing discounts at the time of product introduction can assist you in overcoming this and gaining visibility.
Do Marketing Beyond Lazada
At the time of product debuts, there is a market outside of Lazada. There are a variety of methods for marketing your Lazada store. Even though email messages and direct calls to action that divert customers away from Lazada are prohibited, this does not rule out the possibility of marketing to customers through other channels. You can publish articles and even blogs that will help you to sell your store more effectively.
Some of the options that are accessible to you are as follows:
- Google Search Engine Optimization
- PPC (Pay-Per-Click) on Google
- Facebook Pages
- Programmatic advertising or Paid advertising on Facebook
Good Product Photos
Product photos and product listings should be of high quality. Because we are working with internet customers, the quality of the photos is quite important in selling the things…. Remember that this is the first thing that customers will see, so take high-quality photos of your products. Make certain that your photographs are high-quality and that they provide buyers with sufficient sight and understanding of what they will receive.
Customer Happiness Comes First
Providing excellent customer service can go a long way in gaining client loyalty. It is the method by which you engage with your clients and convert first-time buyers into repeat customers. Always strive to provide the finest support possible, and seek confirmation from others in the form of 5-star evaluations and favorable seller reviews.
It also implies that you respond to consumer enquiries and other things that require prompt attention when you conduct online business. If you deliver outstanding service, you will make a lasting impression on your clients, who will subsequently suggest you to other prospective customers in the future.
Perform Better to Earn Better with Ginee
When it comes to remaining on top of their game, knowing and utilizing the most effective resources accessible is the most effective strategy for someone like Ginee. If you want to truly stand out from the crowd, you must always be one step ahead of the competition and learn how to accomplish more with less work than your competitors.
All of your business operations, from product organization to sales management, may be completed on Ginee Philippines’ platform, which allows you to complete all of your tasks in a single location. For the first seven days, you can take advantage of all of Ginee Philippines‘ features without incurring any fees.
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