[Green Circle says cross-border] Reverse attack! Chinese sellers are really making a lot of money with more customers stationed in the US.

Mercado Platform
Latin America's largest retail site
Mercado libre
Platform Development
Development of platform
Founded in 1999, Mercado libre is the largest e-commerce platform in Latin America and the seventh most visited retail website in the world, known as the "South American version of eBay". With 19 country sites in Latin America, Mercado sells an average of 1 million products per day, with 6,000 searches per second.
Reasons to choose Mercado libre
Europe and the United States has always been the most concerned market for cross-border e-commerce, Latin America is currently the world's fastest-growing e-commerce market, several Mexican market development is particularly rapid, Mercado's traffic exceeded that of Amazon is mainly due to the following two main reasons:

  1. Mercado Libre is the largest e-commerce platform in South America, often labeled as the "eBay of Latin America", with a relatively stable low-consumption group. It is a bit like Taobao in China.
  2. One of the biggest reasons for Mercado Libre's high traffic is that it has its own mobile payment platform. The Latin American e-commerce company serves nearly 300 million users in the region and is growing rapidly.
    Mercado libre Platform Benefits
    To summarize the seven key points
    1. One account, operating in multiple countries;
    2. Language accessibility: English backend, product listing and customer service issues platform since the conversion to local languages (Portuguese / Spanish), eliminating language barriers, enhance customer experience.
    3. Local warehousing and distribution services in Mexico.
    4. Flexible payment and collection: Support user's local currency and common settlement methods of payment, seller's U.S. dollar settlement.
    5. The Latin American market has wide coverage and a large user base;
    Its e-commerce business now covers 18 Latin American countries, including Brazil, Argentina, Mexico, Chile, and Colombia, with 121 million registered users, and with the population of Latin America estimated to be around 627 million, MercadoLibre has a strong position in the e-commerce market in the Latin American region.
    6. Wide category coverage, in line with the advantages of Chinese sellers;
    MercadoLibre platform preference is mainly for electronics, mobile phones and accessories, trendy clothing, home life, beauty and health and toys and many other categories, and these categories are generally the mainstream products of the Chinese manufacturing industry, very suitable for Chinese sellers.
    7. Competition from Latin America is currently low;
    Competition in Latin America is still relatively small, this point is from the number of Chinese sellers. Latin America's mainstream e-commerce platform, basically require local companies to register. Currently there are Chinese sellers have been stationed, but very few, and Brazilian products are basically imported from China, so our products are still a great advantage.
    Opening Information
    (i) Company Business License
    (ii) Front and back of the identity card of the legal person
    (c) Experience in the operation of cross-border e-commerce platforms:
    1, the mainstream cross-border platform store link (Amazon FBA sellers preferred)
    2、The store must achieve average monthly sales of more than 60,000 U.S. dollars, customer unit price of more than USD25
    3、Store flow screenshot
    (iv) Shipping program
    (e) Cross-border collection accounts of third-party collection agencies.
    Summary of the editorial:
    For many Latin American residents, China's products have a great advantage. Latin American countries are mostly developing countries, residents with limited income, lower living standards, so many European, American and Japanese brand products they often can not afford. At this time, China's products in South American countries are very popular, mainly because of the quality of Chinese products are guaranteed at the same time the price is relatively low, good value for money.
    As you can see, the Latin American people's love for Chinese products is also one of the reasons why the Latin American market is so hot.

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    Feel free to ask for an answer!

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