How Does Lazada and Kumoten Dropshipping Works – Payment ,Fees and Commision
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i know that i have posted quiet a few article around this topic,
but in this video i want to emphasize on the order and payment process of kumoten and lazada.
So , someone bought a pen from your lazada store .
The order will appear in your manage orders under Orders tab.
When you receive this order , you need to go to kumoten under my store and look for
the products in this case it is the pen .
What you need to do next is to buy that product .
So instead of putting your own details , you need to put your customers”s details ,as the
supplier will directly ship the products to your customer .
And this is the whole concept of dropshipping . You do not need to keep any stock and the
supplier will ship the products for you .
The next thing that i will like to highlight is this order remarks . Normally i will put
this is for dropshipping purpose so that the buyer aware that you are running a dropshipping
business , so that they will not put their company”s detail into it.
Do i need to buy from kumoten before receive the money .?
The next questions that i would like to answer is that ,
Do i need to buy from kumoten before receive the money .
Yes , you need to buy the products from kumoten once you receive the orders from lazada .
So , the client actually already pay you , and that why you will receive the order in lazada.
And lazada will pay you bi-weekly basis.
When is Lazada payment cycle?
As per the Marketplace contract, all sellers will be paid on a bi-weekly basis. The cut off day is from Monday to Sunday. Payments are processed on the following Friday.
Below is an example of the payment cycle:
Payout-date range: (1-14th) and (15th – end of the month)
Payment will be made within 5 working days after each payout-date range.
Will Lazada charge any commission fees ?
Yes lazada do charge a certain percentage , depends on the products .I have included the list of commision
based on products category in the description box , feel free to download it.
For example :
Below is an example of the fees that will be deducted from the Unit price:
Unit price = RM 100
Commission Fee for Computer Accessories category = 2% + 6% (GST) = RM 2 + RM 0.12 = RM 2.12
Payment Fee= 2% + 6% (GST) = RM 2 + RM 0.12= RM 2.12
Shipping Fee = RM 5 (inclusive 6% GST) = RM 5
In total, the amount that you will be receiving would be RM 90.76
Total commission charged is RM9.24
Please note that, the payment fee will be paid to the bank and the shipping fee will be paid to the shipping provider.
I hope that this will help you up on understanding abit more about lazada and kumoten dropshipping in Malaysia.
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Love you all bye.