Starting September 2nd, 2024, TikTok Shop's commission rate will increase from 5% to 9%. However, 𝐧𝐞𝐰 𝐬𝐞𝐥𝐥𝐞𝐫𝐬 can enjoy 0% commission for up to 90 days by completing specific onboarding missions. Certain categories, such as Electronics, Collectibles, and some Beauty products, will continue to have a lower commission rate of 5%. Additionally, commissions for sales from short videos will be reduced to 7%, while livestream sales will have a reduced rate of 5%.
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TikTok Shop just gave high AOV brands a major boost! Interest-free credit card installments are now available for users on orders over $50. 🔥 We've seen a significant increase in brands with AOV >$100 succeeding on TikTok Shop recently. The new installment payment option is set to dramatically increase conversion rates for these brands. Here are five brands with AOV >$100 that achieved over $1M in GMV in the last 30 days. This level of success wasn't happening a few months ago. TikTok is pressing all the right buttons! Best of all, the credit card installment payment option comes at no cost or fees to brands. It's a no-brainer. P.S. Struggling with your TikTok Shop growth? DM me “TTS Boost”. #TikTokShop #Ecommerce #SocialCommerce #DigitalMarketing #SalesStrategy #RetailInnovation #TikTokForBusiness #OnlineShopping #MarketingTrends #BusinessGrowth
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Exciting news for TikTok Shop sellers! 📣 TikTok Shop is making it easier than ever to manage returns and order cancellations. 🔄 What's new? Customized rejection reasons to match your customer's concerns. Tailored options based on your product type. Evidence submission for select reasons to clarify your decisions. Benefits for sellers: Faster and easier return management. Reduced misunderstandings and disputes. Enhanced customer experience through clearer communication. Plus, we've updated cancellation reasons to ensure accuracy and consistency. Best practices for canceling orders: Choose the right reason every time. Keep your SFCR below 2.5% to avoid penalties. Thank you for partnering with TikTok Shop! Let's continue to provide the best possible shopping experience for our customers. #TikTokShop #SellerTips #Returns #Cancellations #Ecommerce #CustomerService #BusinessGrowth
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Exciting News for TikTok Shop Sellers! We're thrilled to announce that starting July 16th, 2024, you'll be able to initiate partial refunds and negotiate with buyers directly from the Seller Center for refund requests! What is Partial Refund? This game-changing feature allows you to offer a partial refund to buyers for items that can't be returned, making the refund process more efficient and transparent. This additional resolution option not only improves the customer experience but can also lead to more sales! Stay ahead of the game and get ready to take your TikTok Shop experience to the next level! #TikTokShop #Ecommerce #Sellers #PartialRefund #CustomerExperience #SalesBoost
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🚀𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗡𝗲𝘄𝘀 𝗳𝗼𝗿 𝗧𝗶𝗸𝗧𝗼𝗸 𝗦𝗵𝗼𝗽 𝗦𝗲𝗹𝗹𝗲𝗿𝘀 – 𝗔 𝘄𝗶𝗻–𝘄𝗶𝗻 𝘀𝗶𝘁𝘂𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗯𝗼𝘁𝗵 𝘀𝗲𝗹𝗹𝗲𝗿𝘀 𝗮𝗻𝗱 𝗯𝘂𝘆𝗲𝗿𝘀!🚀 Starting 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟰𝘁𝗵, 𝟮𝟬𝟮𝟰, TikTok Shop is offering 𝟭𝟬𝟬% 𝗙𝗿𝗲𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴 for orders £𝟮𝟬 and above fulfilled by FBT, with all shipping costs covered by TikTok Shop – at zero cost to sellers! 𝘈𝘯𝘥 𝘪𝘵 𝘨𝘦𝘵𝘴 𝘦𝘷𝘦𝘯 𝘣𝘦𝘵𝘵𝘦𝘳! 🌟 Customers can also enjoy 𝙀𝙭𝙥𝙧𝙚𝙨𝙨 𝙎𝙝𝙞𝙥𝙥𝙞𝙣𝙜 (𝙣𝙚𝙭𝙩 𝙙𝙖𝙮 𝙙𝙚𝙡𝙞𝙫𝙚𝙧𝙮) for just £𝟬.𝟲𝟱 on orders of £𝟮𝟬 or more. 𝘞𝘪𝘵𝘩 𝘵𝘩𝘪𝘴 𝘪𝘯𝘪𝘵𝘪𝘢𝘵𝘪𝘷𝘦: ✅ 𝗖𝗵𝗲𝗮𝗽𝗲𝗿 𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴; for customers ✅ 𝗦𝗽𝗲𝗲𝗱𝘆 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘆; with same-day order processing ✅ 𝗛𝗮𝗽𝗽𝗶𝗲𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀; as they can consolidate orders from multiple shops and still qualify for free shipping! If you're already a TikTok Shop seller or thinking of joining, now’s the time to leverage this incredible offer and give your customers the best shopping experience! 𝘋𝘰𝘯'𝘵 𝘮𝘪𝘴𝘴 𝘰𝘶𝘵 𝘰𝘯 𝘵𝘩𝘪𝘴 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘺 𝘵𝘰 𝘨𝘳𝘰𝘸 𝘺𝘰𝘶𝘳 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘢𝘯𝘥 𝘥𝘦𝘭𝘪𝘨𝘩𝘵 𝘺𝘰𝘶𝘳 𝘤𝘶𝘴𝘵𝘰𝘮𝘦𝘳𝘴 𝘸𝘪𝘵𝘩 𝘧𝘢𝘴𝘵𝘦𝘳 𝘢𝘯𝘥 𝘤𝘩𝘦𝘢𝘱𝘦𝘳 𝘥𝘦𝘭𝘪𝘷𝘦𝘳𝘪𝘦𝘴 #TikTokShop #EcommerceGrowth #FreeShipping #SellerOpportunity #FBTFulfillment #ExpressDelivery #BusinessGrowth #OnlineRetail #TikTokBusiness #CustomerSatisfaction #ecommerce
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📢 𝙉𝙚𝙬 𝙐𝙥𝙙𝙖𝙩𝙚 𝙛𝙤𝙧 𝙏𝙞𝙠𝙏𝙤𝙠 𝙎𝙝𝙤𝙥 𝙎𝙚𝙡𝙡𝙚𝙧𝙨! TikTok Shop just announced some changes to the Customer Order, Cancellation, Return, and Refund Policy to give sellers more time to handle returns and refunds: ✨ More Time for Expensive Items: If an item costs over $100, sellers now have 4 business days to review refund or return requests before they’re auto-approved. (It used to be just 2 days for all items.) ✨ Automatic Refunds for Undelivered Returns: If a return package doesn’t reach you but the shipping provider confirms they received it, TikTok Shop will approve a refund 30 days after that confirmation. Here’s a quick summary: For items under $100: You have 2 days to take action, or the refund will be auto-approved. For items over $100: You now have 4 days to review before auto-approval. These updates are aimed at giving sellers a bit more flexibility with high-value orders. For more info, check out the details on TikTok Shop’s Seller Center. https://shorturl.at/gEGzi Happy selling! 🚀 #TikTokShop #Ecommerce #ReturnsAndRefunds #TikTok
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📢 𝙉𝙚𝙬 𝙐𝙥𝙙𝙖𝙩𝙚 𝙛𝙤𝙧 𝙏𝙞𝙠𝙏𝙤𝙠 𝙎𝙝𝙤𝙥 𝙎𝙚𝙡𝙡𝙚𝙧𝙨! TikTok Shop just announced some changes to the Customer Order, Cancellation, Return, and Refund Policy to give sellers more time to handle returns and refunds: ✨ More Time for Expensive Items: If an item costs over $100, sellers now have 4 business days to review refund or return requests before they’re auto-approved. (It used to be just 2 days for all items.) ✨ Automatic Refunds for Undelivered Returns: If a return package doesn’t reach you but the shipping provider confirms they received it, TikTok Shop will approve a refund 30 days after that confirmation. Here’s a quick summary: For items under $100: You have 2 days to take action, or the refund will be auto-approved. For items over $100: You now have 4 days to review before auto-approval. These updates are aimed at giving sellers a bit more flexibility with high-value orders. For more info, check out the details on TikTok Shop’s Seller Center. https://shorturl.at/gEGzi Happy selling! 🚀 #TikTokShop #Ecommerce #ReturnsAndRefunds #TikTok
Learn How to Boost Sales | TikTok Shop Academy | United States
seller-us.tiktok.com
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The number of sellers on TikTok Shop in the UK has doubled in just one year. Now, over 200,000 businesses are using the platform to make money through live shopping and videos where viewers can shop directly. TikTok, owned by ByteDance, shared this news in a press release about its “record-breaking Christmas sales” for UK brands. This shows how popular TikTok Shop has become for businesses looking to grow their sales.
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Calling All TikTok Shop Sellers: Get Ready for a HUGE Fulfillment Policy Change! 📢 Starting May 20th, 2024, you'll need to get those orders out the door faster. TikTok Shop is tightening the dispatch SLA down to two (2) business days from the order date. Orders must be dispatched by 11:59:59 PM (local time) on the second business day. What Does This Mean for You? ➝ Coordinate NOW with your warehouse, consolidators, and shipping partners. Ensure they're ready for a quicker turnaround. ➝ Optimize your internal order processing. Aim for same-day or next-day fulfillment whenever possible. ➝ Stock up early on popular items. Avoid delays due to backorders. ➝ Stay updated on TikTok Shop policies. Changes can impact how you do business on the platform. Read the full policy here 👉 https://lnkd.in/gZhU8jHR #TikTokShop #Fulfillment #eCommerce #SellerTips
Learn How to Boost Sales | TikTok Shop Academy | United States
seller-us.tiktok.com
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TikTok closing? To Tik or not to Tok? That is the question. TikTok has less than a month to live Over...Done. ❌ But maybe not quite so. The deadline for the sale is the 19th of Jan. Short deadline for a roughly $100B (self-valued at $300B) company but we've seen things🏃💨💨 They also appealed but 🤷 So what should we do now? I'm talking about the surge of TikTok Shops (TTS, no pun intended). They had record-breaking sales over BFCM. It recorded a +179% Y-Y revenue growth over the Black Friday period and a +131% growth in number of shoppers. Will they be too big to fail? What does the acquisition mean for merchants on the platform? As a merchant, does this stop you from opening a Shop on the platform?
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Let's explore the different types of refunds you may encounter when #shopping on TikTok. 1️⃣ Returnless Refund: Sometimes, the seller will issue your refund without asking you to send the item back. This often happens with custom-made products or items that cannot be resold due to specific reasons. 2️⃣ Partial Refund: In some cases, the seller agrees to refund only a portion of the total amount. Sellers must adhere to legal #requirements and ensure fairness in their partial refund policies. 3️⃣ Full Refund: You'll receive the #entire amount you paid for. A change of mind, sizing issues, product defects, or discrepancies between the product #listing and what you received are all reasons enough to apply for it. With these refund options in mind, you can shop on #TikTok Shop with confidence, knowing you can act in case anything doesn't go as planned. Happy shopping! 🎉💳 #TikTokShop #RefundOptions #HappyShopping
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Boosting TikTok Shop Sales to 6-figure monthly | Free Tiktok Shop Review | TikTok Shop Affiliate Marketer + Tiktok Ad Expert + TikTok Shop Manager | DM me to ignite sales.
3moGreat update for new sellers! The 0% commission for 90 days is a huge opportunity. Lower rates for certain categories and video sales make it even better.