Meikeduo Big Sales: The secret of increasing sales from 0 to 10 million in half a year

Today we are sharing the great sales story of Mr. Weng Shiming , a cross-border e-commerce seller from Shenzhen E-Speed . As early as 2014, when cross-border e-commerce was in its infancy, Mr. Weng started his Amazon entrepreneurial journey. At that time, he had already become a customer of WorldFirst.

Which platform is the most popular in 2020?

The vast majority of sellers agree that it is "Mercado Libre". As the e-commerce giant with the No.1 local traffic and business scope covering 18 countries and regions in Latin America, this platform from Latin America has become a hot commodity in the eyes of cross-border e-commerce sellers in the blink of an eye . In more than a year, how are our cross-border e-commerce sellers operating on the Mercado Libre platform? Today, we have the honor to talk with Mr. Weng Shiming of Esutong about his journey to Mercado Libre.

In April 2020, Russia Express officially settled in Meikeduo. Earlier, in addition to deeply deploying the Russian market, they were also exploring opportunities in other markets. In 2019, their team flew to Latin America to investigate markets such as Mexico and Chile, and visited several local e-commerce platforms. In the end, they chose to settle in Meikeduo. "It is the largest e-commerce platform in Latin America, with complete infrastructure and excellent service experience for both buyers and sellers."

Paying attention to service experience is what Mr. Weng values ​​most, and this is also an important reason why he chose WorldFirst . "I was already a customer of WorldFirst when I just started my business in 2014. It is very reliable and the account manager is also very responsible." It is based on this that when Mr. Weng opened the Meikeduo store, he chose to use WorldFirst for payment as soon as possible. "The capped fee rate is NT$1,300, which is very affordable and can save us a lot of money. Moreover, WorldFirst is now under Ant Financial, so it is very reliable."

Recently, WorldFirst launched a 0-fee campaign for new customers , as well as VIP-exclusive exchange rates , to help sellers become cross-border big sellers as soon as possible!

Event time: From now until December 31, 2021 (Beijing time)

Target audience: Users who register through this event page during the event period and have not yet received Wanlihui funds before registration

Exclusive benefits of the event:

· Gift for deposit:

Eligible participants who sign up for the event can enjoy 0% RMB withdrawal fees until December 31, 2021 ; there are also VIP-exclusive exchange rate coupons valid for 90 days .

Water Blessing:

Users who meet the conditions for the deposit gift and whose new turnover during the event reaches 10,000 US dollars can enjoy 0% withdrawal fee for RMB until March 31, 2022. (Limited quota, only for the first 400)

Up to 0% fee for half a year , and VIP exclusive exchange rate , it's better to act now! Scan the QR code on the poster below to sign up now ~

Meikeduo is a relatively new platform for Chinese cross-border e-commerce sellers. So when he first joined Meikeduo, Mr. Weng admitted that he encountered some problems, such as API and system docking, buyer after-sales problems, etc. "Meikeduo's account manager helped to deal with them in a timely manner. The platform's responsiveness, R&D capabilities and service experience are all in place."

Less than half a year after joining Meikeduo, the sales of Esutong have exceeded 10 million, and at the end of 2020, it ranked among the top sellers of Meikeduo. "The most impressive thing is that in the Afterdays promotion in the second half of last year, we took out a product for promotion. The price at that time was more than 70 US dollars, and more than 7,000 units were sold in one day. The daily sales of this product alone reached 500,000 US dollars. We summed up our experience: good products + competitive prices = hot products."

Of course, when it comes to product selection, Mr. Weng has his own experience. Esutong represents many domestic brands. In 2020, the number of brands served exceeded 100, and it has developed very well in the Russian market. The Latin American market is an untapped market with few brands to choose from, especially Chinese brands. This is a very good opportunity. They chose the path of branded products, which of course also includes some white-label products with a long lifeline, which is very consistent with the requirements of the Meikeduo platform. After a year of product selection and testing, Mr. Weng will focus on branded products in the four major categories of 3C, kitchen, fitness, and personal care and beauty. "We hope to deliver more high-quality brands and products to Latin America and strive to become the industry leader in Chinese brands going overseas."

Looking back at the whole of 2020, the epidemic has had a significant impact on cross-border e-commerce. "From the perspective of an industry practitioner, I can see that brand certification, customs clearance efficiency, and small package loss rate have a great impact. So at this moment, when we are planning the Latin American market, we give priority to using Meikeduo's overseas warehouses. There are warehouses in Mexico and Chile, which is very convenient, and Meikeduo also has traffic support."

For the future development, Mr. Weng also has his own small goal: "Strive to increase GMV and become a top seller on the Meikeduo platform!" Mr. Weng also shared a few small suggestions for some new sellers on the Meikeduo platform:

1. Gain insight into the opportunities behind product selection: After more than a year of operation, we have deeply discovered the importance of product selection, which is based on our understanding of the consumption habits and population ratio of the Latin American population. At the same time, we can pay attention to the big data product selection list of Meikeduo platform, learn from the best-selling lists of other local e-commerce platforms, and find the products that suit us.

2. Participate in more promotional activities: Meikeduo platform sites have a variety of promotional activities throughout the year. In addition to the first and second level promotions, there are also various activities to participate in daily, which is an accelerator to increase sales. It is very necessary to plan and participate in such activities in advance;

3. Service experience is very important: Meikeduo platform pays great attention to the buyer's experience, so our seller friends must remember to do a good job in products, pre-sales QA, after-sales, etc.!

[Cross-border e-commerce sellers who want to settle in Meikeduo like Mr. Weng can choose WorldFirst 's "Global Voyage Plan" and enter Meikeduo for free through the green store opening channel]

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