Faced with significant losses, Shopee is implementing measures like layoffs, executive salary reductions, and strategic retrenchment to survive. The company is withdrawing from several markets to focus on its core business and has introduced support policies to reassure sellers. Shopee's future hinges on its ability to identify new growth opportunities and achieve sustainable development amidst fierce market competition.
This article provides a quick guide to improving store weight for new Shopee sellers. It delves into the Shopee weight mechanism and elaborates on key strategies for boosting store weight, including optimizing DSR (Detailed Seller Ratings), creating differentiated product descriptions, focusing on new product launch strategies, and implementing refined operations. This guide aims to help new sellers stand out in the competitive market by understanding and leveraging the factors that influence Shopee's ranking algorithm and overall store performance.
Shopee Malaysia adjusts its local store shipping policy, extending the cut-off time to reduce seller costs and improve operational efficiency. A transition period is provided, but the Fast Handover Rate assessment remains unchanged. This indicates Shopee's shift towards refined operations, requiring sellers to enhance their overall competitiveness. The policy change aims to streamline the fulfillment process and improve customer satisfaction by allowing sellers more time to prepare orders. This move suggests a strategic focus on optimizing the seller experience within the Malaysian market.
Dashu Cross-border provides real-time exchange rate inquiries, historical data analysis, and quick conversions for common amounts from Congolese Franc to Chinese Yuan, helping you understand exchange rate trends and optimize cross-border transaction strategies. As a reliable assistant for your cross-border business, we also offer exchange rate risk management, cross-border payment solutions, and professional consulting services to help you calculate carefully and achieve your cross-border dreams.
This article provides a detailed introduction to Shopee's Cash on Delivery (COD) service, covering its definition, supported sites, activation methods, order processing flow, and buyer usage. It specifically highlights the real-name authentication requirement for Shopee Taiwan. Mastering COD can help Shopee sellers increase sales and expand their market reach. Learn how to leverage COD to boost your Shopee business and cater to a wider customer base, especially in regions where cash payments are preferred. This comprehensive guide equips sellers with the knowledge to effectively utilize Shopee COD.
This article explores the importance of enhancing the transparency and predictability of customs regulation and its impact on trade facilitation. It proposes effective improvement measures such as information disclosure, regulatory standardization, feedback mechanisms, technology application, and training, aimed at promoting stability in global trade.
The 2017 WCO Global Transit Conference focused on improving cross-border transportation efficiency, releasing the 'Transit Guidelines' which emphasized the importance of political will, technological application, and international cooperation. The conference explored the development challenges faced by landlocked countries and shared successful experiences such as the EU's NCTS and the TIR Convention. The aim was to build a more efficient, convenient, and secure global transit ecosystem. The guidelines and discussions highlighted the need for harmonized procedures and data exchange to streamline transit operations.
Coordinated Border Management (CBM) aims to enhance trade efficiency while ensuring security and compliance. It requires inter-agency cooperation, risk management, and political support to address challenges and achieve mutual benefits for all stakeholders. CBM seeks to streamline processes, reduce costs, and improve the overall competitiveness of international trade. Effective implementation necessitates a holistic approach that considers both economic and security imperatives, fostering a collaborative environment between border agencies and trading communities. Ultimately, CBM contributes to sustainable economic growth and enhanced national security.
The World Customs Organization (WCO), in collaboration with UK Border Force (UKBF), is upgrading the WCO Cargo Targeting System (WCO CTS) to enhance risk identification and response capabilities for customs administrations worldwide. This collaboration will leverage combined expertise to create more robust data processing and risk assessment functionalities. The upgraded system will support the WCO SAFE Framework, contributing to a more secure and efficient global trade system. The focus is on improving pre-arrival cargo inspection and bolstering overall trade security through advanced risk assessment techniques.
The World Customs Organization (WCO) held a risk management workshop in Malaysia to support the Royal Malaysian Customs Department (RMCD) in strengthening its border security. The workshop focused on risk identification, targeting, postal/express consignment risk management, and international cooperation. By combining theory and practice, it aimed to enhance RMCD's risk management capabilities, laying the foundation for building a smart customs administration and safeguarding national security. The workshop provided valuable insights and practical tools for RMCD to improve its risk assessment and mitigation strategies.
