Shopee is a great marketplace channel in Southeast Asia for eCommerce sellers. It is home to some of the best eCommerce online marketing tools you can find. In this article, we will provide an overview of the Enhanced Coin Cashback program on Shopee.
The Enhanced Coins Cashback Program is a Shopee seller incentive program designed to help Shopee sellers grow their brand and increase sales. In this article, we’ll explain it in detail so you can start taking advantage of this program as a seller.
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What Is Enhanced Coin Cashback?
Shopee has been offering Enhanced Coin Cashback to selected sellers since July 2019. This is an opt-in program meant Latest Mailing Database to not only increase traffic but also sales performance.
Merchants who make a discount for Coin Cashback become eligible for a Shopee sponsored 10% cashback voucher with no minimum spend. Hence, sellers will enjoy increased marketing exposure on the Shopee platform in exchange for a nominal participation fee. You will also have complete access to Shopee’s free shipping program with zero fees.
Every week, Shopee releases 1x Shopee sponsored Cashback, 10% off (no minimum spend) for customer delight.
In other words, shoppers will earn additional Shopee coins for every product they purchase from your shop. They can use these coins to deduct a certain amount from their next purchase amount. 100 Shopee coins equals $1. So if, for example, a buyer has a total of 500 Shopee coins, on his next order, he can deduct $5 from his total cart product payment.
Marketing Support From Shopee
The cashback itself is a great offer USA Business but on top of that, sellers who qualify for the cashback program also receive marketing promotions from the Shopee platform on a weekly basis.
Here is the promotion mechanism:
- Search Filter for Cashback items
- 10% Cashback Home Circle goes to the microsite
- Special Refunds section on Daily Discover
- 10% cashback (no minimum spend)
- Vouchers are displayed in the Voucher Daily home circle
Cashback marketing is different from each Shopee website.