A good product pricing is particularly important for cross-border e-commerce. If the price is too high, no one will buy it. If the price is too low, you will lose all your money. This article will explain to you how to set prices on Shopee products? Shopee product pricing formula

Product pricing

Selling price = cost*(1+profit%)

Costs include: product cost, freight (first-leg freight + last-leg freight), platform commission, handling fee, and P-card handling fee (Lianlian, pingpong)

The first-leg freight refers to 1688 to yourself or to the freight forwarder. The last-leg freight refers to the SLS warehouse reaching the hands of the store customer

Platform commission, handling fee, and P-card handling fee are all calculated as a percentage of the selling price

For example, in Taiwan, a piece of clothing that costs 10 yuan and weighs 100g has a first-leg freight of 5 yuan and a profit of 0%. What is the price?

In Taiwan, if it weighs 100g, it only costs 15NT Taiwan dollars for the first weight. Exchange rate 4.5619

Selling price = [（10+5）*4.5619+15]*（1+5%+2%+1%+0%)

=90.10NT

5% is the platform commission (free commission in the first 3 months of the incubation period) 2% is the transaction fee 1% is the p-card fee 0% is the profit Shopee platform began to charge sellers a 2% transaction fee on January 1, 2019. This fee is actually the fee that needs to be paid to the transaction clearing service provider. Previously, this part of the fee has been borne by Shopee