What is Lelong.my? Lelong.my Review, Features

Lelong.my is the oldest e-commerce platform in Malaysia and is recognized as the king of local e-commerce. It is an e-commerce website that includes B2C and C2C.

About Lelong

Lelong.my was established in 1998 and is operated by Interbase Resources of Malaysia.

According to Similarweb data, Lelong.my’s main audience groups are divided into:

According to Similarweb data, the distribution of Lelong.my PC traffic sources:

Platform Features

One-stop sales : Buyers can also act as sellers on the Lelong.my platform. The platform provides a full range of one-stop sales, from online framework building, product branding, warehouse reserves to online payment methods and other services, which enhances users' dependence on and experience of the platform.

High user stickiness : Lelong.my has a complete membership system and unique auction activities. The monthly visits exceed 8 million people, and there are currently more than 7,000 WebStore sellers. Users are highly dependent on the platform.

Payment methods: There are multiple payment methods, which enriches the payment options for users and reduces customer churn.

·High popularity: Lelong.my is well-known in Malaysia and has cooperated with many well-known brands. With the popularity of the platform, it can better attract merchants and increase store conversion rates.

·Multi-port display: Lelong.my can be logged in and viewed anytime and anywhere through PC, mobile phone, and tablet. Multi-port display can bring more traffic to the products in a more comprehensive way.

Popular investment categories

Electronic products, outdoor sports, clothing, shoes and bags, home furnishings, office supplies, beauty and personal care, and jewelry and watches.

Information required for entry

Provide three corporate certificates: business license, tax registration, and organization code. Electronic products must provide category safety certification, and brand products must submit brand qualifications, trademark registration certificates or brand authorization.

Settlement process

1. International sellers please click here and follow the instructions to open a store; if you are a Chinese seller, Lelong.my has opened a channel for Chinese merchants to settle in, please click here to settle in:

2. Lelong.my Chinese merchant recruitment process is as follows:

Shop opening costs

The annual fee is RM1,200 and you can list 2,000 products.

·Charge 0.3%-8% commission and 2% transaction fee.

Platform lending

The platform provides loans to overseas sellers in a 21-day cycle, and the funds are remitted to the account provided by the seller via wire transfer. The handling fee for each transaction is RM55.

FAQ

Q: Do you have your own warehouse? How do you ship the ordered products overseas?

A: We do not have our own warehousing, so you can arrange the delivery method yourself, saving the merchant’s operating time and thus improving the customer experience.

Q: What are the specific requirements of LeLong.my for product images uploaded?

A: The images must be watermark-free and must not contain infringing patterns. Except for street photos of clothing, the main images of other products must have a white background. In addition, the image format must be JPG, PNG, BMP; no less than 35K and no more than 1M. Main image: must be larger than 500X500. The image must be square.

Q: If a dispute arises, does the platform provide an online channel for buyers and sellers to communicate? What is the platform's process for handling disputes arising after the order is completed? Does the platform give customers the right to directly withdraw funds and cancel transactions?

A: (1) Our Live Chat function is available on the Lelong.my PC and mobile clients. We also have a function for buyers to send PMs to Lelong.my sellers in the Lelong.my control panel.

(2) For disputes after the order is completed, for cross-border sellers, our platform will take response measures according to different cases. We will provide sellers with more guidance on dispute resolution and work with sellers to complete dispute resolution. Lelong.my has two main types of disputes regarding seller responsibility: disputes caused by buyers not receiving the goods and disputes caused by buyers receiving goods that do not conform to the agreed terms. For various disputes, what sellers need to do and what risks they need to bear, our Lelong.my always stands at a neutral position, conducts investigations and provides solutions.

(3) Customers do not have the right to directly withdraw funds and cancel transactions. Customers can only apply for a refund, and the seller and the platform will jointly decide whether to approve the application.

Q: Will service fees be incurred when uploading products through API connection?

A: There is no service fee for uploading products through API connection.