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1. Does the Douyin store charge for selling goods?
During the product sales process, Douyin stores will charge a certain percentage of service fees according to platform rules, which is usually called "platform commission" or "technical service fee." Specific charging standards will vary based on product category, sales volume and other factors. The following are some factors that may affect charges:
1. Product category: Different product categories may have different charging standards. For example, the commission rate for clothing items may be different from that for electronic products.
2. Sales: Some platforms may set different commission ratios based on sales. The higher the sales, the lower the commission ratio may be.
3. Activity policy: During specific activities, Douyin Store may launch preferential policies and reduce commission rates to encourage merchants to participate.
4. Platform rules: As an e-commerce platform, Douyin Store has the right to adjust charging standards and rules based on market conditions and operating strategies.
2. Where will the money sold go?
When a merchant successfully sells goods in Douyin Store and receives payment, the money will usually enter the merchant's Douyin Store account. The following is the general flow of funds:
1. Transaction completion: After the consumer completes the purchase and payment at Douyin Store, the money will first enter the Douyin Store's transaction account.
2. Platform settlement: Douyin Store will settle the transaction within a certain period of time (such as 7 days or 15 days) after the transaction is completed according to the platform rules, and deduct the corresponding service fee.
3. Withdrawal operation: Merchants can withdraw the remaining funds to the bound bank account or other payment account after settlement on the platform.
4. Funds arrive: After the merchant initiates the withdrawal operation, the funds will arrive within a certain period of time based on the processing speed of the bank or payment platform.
5. Merchants need to pay close attention to the account balance and fund flow of Douyin stores to ensure the safety of funds and arrange the use of funds reasonably.
Douyin Store will charge a certain percentage of service fees during the product sales process. Merchants should understand the specific charging standards and rules. The money sold will first enter the Douyin store account. After settlement on the platform, the merchant can withdraw cash.
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