Top 4 Thai e-commerce sites - Opportunities for Vietnamese businesses
Different from the e-commerce market in Vietnam, where there are many local shopping sites such as Tiki, Cho Good, Mobile World,... Top e-commerce sites in Thailand have participation of many global giants. Let's explore with AGlobal the list of top 4 Thai e-commerce sites and evaluate opportunities for Vietnamese businesses.
Read more:
Ranking Top 3 leading e-commerce sites in Vietnam
Should you sell on eBay or Amazon?
Shopee
With 51.58 million visits per month, Shopee is currently leading e-commerce sites in Thailand in terms of traffic.
Buy everything at Shopee! That is the impression of Thai people about this ecommerce site. Shopping on Shopee is easy with promotions, promotions, guarantees, freeship, COD and bargains.
Benefits of selling on Shopee in Thailand
- Increase sales thanks to high traffic
- Attract more new customers
- Assisted with delivery and other logistical factors
Limitations of selling on Shopee in Thailand
- High booth fees (up to 12.6%)
- Limited control over the booth
- Businesses must compete with C2C sellers
Lazada
With 31.13 million visits, Lazada leads the 2nd in the e-commerce race in the land of the Golden Temple.
Shop for electronics, cosmetics, decorations, baby items, and more on Lazada with great deals, cheap prices and free shipping across Thailand.
Benefits of selling on Lazada in Thailand
- Register new store for free
- Many promotional campaigns to attract customers
- Outstanding customer service and protection policy
- Easily synchronize data and connect to other platforms
- Lazada is just a sales channel for businesses (no C2C)
Limitations of selling on Lazada in Thailand
- High booth fees (up to 11%)
- Limited control over the booth
Kaidee
Kaidee means "sell well" in Thai. This e-commerce site has many features to help businesses sell well houses, cars (new and used), technology products, clothes, ...
Benefits of selling on Kaidee in Thailand
- Used goods are allowed to be sold
- There is no complicated process to enter the sale
- Choose a posting area to increase your chances of closing deals faster
- Sales support team
- Have a system that makes it easy for businesses to manage their notifications
Limitations of selling on Kaidee in Thailand
- Local e-commerce sites should be limited when working with international sellers
- Positioning in favor of home items, cars, mobile phones, tablets
Amazon
As the world's largest online retailer, Amazon has always offered customers lower transaction and purchase costs than traditional transaction methods.
Read more: 19 potential Vietnamese products on Amazon and strategies to sell them
Benefits of selling on Amazon in Thailand
- Amazon is the largest retailer in the world with a reputation and excellent operating system
- Amazon is expanding non-stop in Thailand
- Gain deep customer insights
- Great customer experience
Limitations of selling on Amazon in Thailand
- Only suitable for businesses that sell many products or high-value products
- The process of listing is complicated, need to be consulted closely
Opportunities for Vietnamese businesses
Thailand is Vietnam's largest trading partner in ASEAN, with two-way trade turnover in 2021 reaching 18.8 billion USD. The goal is to reach 25 billion USD by 2025.
Information from the Vietnam Trade Office in Thailand shows that many Vietnamese branded products such as Vinamilk milk, Thien Long school supplies, Dien Quang light bulbs, etc. have also penetrated this market and are favored by domestic consumers. at favorite.
Limitations of Vietnamese businesses
According to Chairman of the Association of High Quality Vietnamese Goods Enterprises Vu Kim Hanh, the current limitation of Vietnamese goods does not come from quality but from understanding market needs, so the product design has not yet met the tastes of Thai people. . In addition, most Vietnamese enterprises do not have a specific development strategy and do not understand the market demand.
Agreeing with this opinion, Chairman of the Vietnam Retailers Association Vu Thi Hau said that Vietnamese enterprises do not know the process and criteria for exporting products to the distribution system of the host country. The connection is strong enough to meet large orders...
AGlobal - A trusted partner of businesses when selling on Amazon e-commerce site
Aglobal is the only business that is both an account management partner and an advertising partner of Amazon in Vietnam. With Aglobal, exporting goods becomes simple, streamlined and efficient.
Register here or contact the hotline 0888.608.007 to receive completely free support from Aglobal's leading experts!