Convenience aside, here’s why you should patronize and promote using ShopeePay and Lazada Wallet as a seller:
1. Reduce cart abandonment
One of the biggest challenges when selling in the marketplace is cart abandonment. According to a recent study, an average of 74.52% of shoppers do not continue to pay for their goods.
And one of the reasons consumers don’t complete their purchases is the payment method. Either the online store doesn’t have the desired payment option or it doesn’t offer any payment options at all other than credit cards and cash on delivery.
Among the popular items in this category
that you can sell are clothes, shoes and accessories.
Try Split Dragon
Find winning products. Spy on database competitors. Project the profitability of your eComm store.
You may still find it difficult to differentiate and choose the right product category to sell on your online store.
However, there is a workaround that can effectively take the guesswork out of selecting a product category.
With ShopeePay and Lazada Wallet, online buyers don’t have to worry about payment transactions because they already have an online wallet in the marketplace.
The following are common buyer scams
Buyers make purchases using credit cards or third party payments. Once they receive the product, they will report to the credit card company that there was a problem or sometimes fraud in the transaction. They will then request that the transaction be canceled and the payment will be refunded.
Regardless of the type of fraud, it Database USA is usually the seller’s responsibility to cover the costs. And this of course affects your business income.
However, if the buyer uses both ShopeePay and Lazada wallets, the platform will have all the required resources that will help investigate who is defrauding whom.