Shopee just announced an hour ago due to MCO that they're going to start charging extra 2% (plus 6% SST on top) commission for PREFERRED and PREFERRED+ sellers, non-preferred sellers extra 1% (plus 6%)

So now if you see product RM100 and the seller is preferred with RM15 free shipping & coin cashback, the amount Shopee takes is

RM100 minus 2.12% payment fee minus 6.12% programme fee minus 2.12% new COMISSION fee

Cost of selling RM100 product = RM10.36, seller only get RM89.

Typical margin for selling RM100 product without factoring in packaging + overhead cost is only 15%. After factoring in running costs, sell RM100 product u untung RM5 also consider lucky already.

So for what cock seller want to maintain prices and their preferred title? spit at shopee seriously

Key takeaway - IF SELLER DO GOOD SERVICE GOOD CONDUCT, SELLER WILL GET PREFERRED SELLER, BUT PREFERRED SELLER MEANS NEED TO PAY MORE COMMISSION TO SHOPEE. THE MESSAGE SHOPEE IS TELLING SELLERS IS THAT IF YOU DO GOOD SERVICE, WE WILL CHARGE YOU MORE!

see shop & product rating instead of preferred tag after 1st of june. i see alot of seller will forego preferred status.

Actually I am preferred seller but most probably I will want to lose that status as my margin is really THIN.

I have had loyal customers for so many years so if they want to buy elsewhere ---then really no choice

This COMMISSION INCREASE is making me think about listing in Lazada again .