One common way to sell products online is through a marketplace. A marketplace is a platform where businesses can sell products. Some marketplaces that are popular in Vietnam include Lazada, Tiki, Shopee, and Sendo.
Posting Products on an Online Marketplace
You will first have to register a merchant account with your selected marketplace. Some platforms may require additional steps to get approval. Once the platform approves or verifies your account, you will be able to post products.
Your product listing must include a clear photo of your product. You must also enter all relevant information about the product you are selling.
Receiving Money from Marketplace Sales
All transactions and payments go through the marketplace. Each platform has its own rules for cashing out money earned from sales. Typically, businesses can connect a bank account to their marketplace account. This will allow the electronic transfer of earnings.
