With the continuous development and popularity of TikTok, Douyin has the function of a Douyin store, and the international version of TikTok also has a TikTok store. So in which countries are TikTok stores opened? What conditions should we pay attention to when entering a TikTok store?
How many markets does TikTok Shop currently open?
There are two main markets currently open:
1. In the Indonesian market, TikTok will put the first internal test market of Shop in the “Indonesia” market in Southeast Asia for monetization test;
Why Indonesia? Instead of opening directly in Europe and the United States? When you are not sure how the market will respond after the Shop is opened directly in Europe and the United States, and what the realization effect will be, ByteDance temporarily chose the Indonesian market for the realization test. According to The market feedback is constantly adjusted, and the market is opened one by one;
2. The UK market began to test the realization of TikTok Shop in the UK market. At the beginning, there were certain restrictions on the number of places, and only local companies were allowed to settle in, and then the entry threshold for Chinese companies was released;
3. The US market, as the market with the largest cross-border volume and the strongest purchasing power, has not yet opened a TikTok Shop in a real sense. Since the shop conversion test in the Indonesian market and the UK market is not ideal, the US market has not opened it rashly. Instead, choose to continue to temporarily cooperate with Shopify;
Conditions of TikTok store;
1. TikTok players are very concerned about TikTok Shop, and TikTok shop is also difficult to settle in. TikTok Shop not only needs an invitation code to enter the UK before it stands, but it is only open to some qualified merchants. TikTok announced that the UK station has officially opened self-registration.
2. Sellers can register their own Tiktok store. TikTok Shop is fully open to Chinese sellers, and will adopt a variety of subsidy incentives to help Chinese sellers enter the trillion-dollar track.
The conditions for entering a Tiktok store include: 1. Have a company qualification in mainland China or Hong Kong, China; 2. Have mainstream experience in Europe and the United States (such as Amazon/EbaylAliexpress/Wish and DSR>4.5), cancel the previous GMV requirement; 3. Have a TikTok UK account , has published at least 5 pieces of content, with a total of 100 likes, and the account has no violations.
Notes on how to open a store;
1. The seller can register an account on the official Tiktok Shop. If you choose to register a new account, you will be asked to fill in your mobile phone and email address. Please fill in the Chinese mobile phone number here. After that, you can submit the company information as required. Note that only 3 main categories can be selected for a store.
2. A local delivery address is required, and it is estimated that the door-to-door collection service will be improved in the future (currently, it is necessary to send it to the Dongguan container warehouse).
3. After submitting, wait patiently for review, and it will be opened within half a working day. Tiktok Shop has launched an e-commerce platform in Indonesia and the United Kingdom. TikTok Storefront is actually the TikTok American yellow car that has been discussed by sellers before. At present, the TikTok American yellow car adopts an application review system, and the pass rate is not very high. In view of ByteDance’s confidence and determination in Tiktok e-commerce, it will be a big market in the next five years, and it is worth everyone to enter this e-commerce market with a scale of hundreds of billions of dollars.
The above is a description of the conditions and precautions for opening a Tiktok store. I hope it can help those who want to open a TikTok store.