TikTok Shop is an e-commerce marketplace that enables merchants, brands, and creators to showcase and sell products directly on TikTok through in-feed videos, live sessions and the product showcase tab. You need to know what the costs for selling on TikTok Shop Malaysia are before you set up a TikTok Shop. TikTok Shop Malaysia is currently charging all marketplace sellers TikTok Shop Commission Fee, Transaction Fee, and Service Fee. This article will introduce the three TikTok seller fees in detail.
TikTok Shop Commission Fee is an amount that TikTok Shop charges to all sellers for each successful order in Malaysia, based on rates that differ for each product sub-category.
At 10:00, on 1st of September, 2023, Malaysia Time (GMT+8:00), TikTok Shop Malaysia announced their new marketplace commission fee of 1.5%~3% based on product categories on its knowledge hub, excluding value added tax (VAT).
IMPORTANT:
The Marketplace Commission Fee by Product Category is applied to all successful orders that are created from 10:00, 1st of September, 2023, Malaysia time (GMT+8:00).
The Marketplace Commission Fee by Product Category in the table above does not include 6% DST.
If you have any concerns in TikTok commission fee calculated in your order, you can refer to this article to contact TikTok Shop Malaysia customer service.
Formula:
Marketplace Commission Fee = (Item Price - Seller Discount) * Fee Rate
Example:
The Transaction Fee rate is 2.12% (DST included).
The Service Fee is 4.24% (DST included).
Conclusion
Now you know that TikTok Shop Malaysia will charge sellers the transaction fee, commission fee, and service fee (Only for sellers who join the Shipping Fee Program). You can start setting up a TikTok Shop and use BigSeller to manage your store, including quickly uploading products to your TikTok Shop, efficiently processing orders and so on.