Hassan Rashid’s Post

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Ecommerce Entrepreneur | Specializing as a TikTok Shop expert for the U.S. market, with a strong background in Ecommerce product research & sourcing

📢 TikTok Shop Introduced Co-Funded Free Shipping Program On August 26, 2024, TikTok Shop launched a new Co-Funded Free Shipping initiative for sellers! 🚚 💡 Key Highlights: TikTok reimbursed sellers $2 per order for eligible products. This applied to orders valued at $30 or more, with the first 500 orders covered. Impact: Sellers may have increased prices by 10-20% to cover the remaining shipping costs, which ranged from $2 to $8 per order. While this aimed to improve the shopping experience with free shipping, sellers—especially those with low margins—expressed concerns about reduced profits and potential sales decline. #eCommerce #TikTokShop #FreeShipping #Sellers

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