Online Microseller Cooperative is basically what connects you to Lazada when you don’t have your business documents yet.
What happens is when you sell an item, Coop will be the one to issue the sales invoice to the buyer on your behalf.
The Online Microseller Cooperative has been registered under the Cooperative Development Authority (CDA) which allows it to bridge the gap between unlicensed online sellers to eCommerce platforms.
How to Join a Microseller Cooperative
Here are the basic requirements:
- All government provided ID with Filipino Citizenship
If you don’t have one then a valid ID will do as long as you can match it with a birth certificate, marriage certificate or baptism certificate.
- TIN
- Personal Photo (ID Size)
After securing these requirements, you database can fill out the Microseller Cooperative Registration Form.
You will then need to attend the Pre-Membership Education Training which will be conducted online. You can schedule training here .
The final step is to pay your minimum share capital requirement of 400 PHP. Settlement is divided into two payment schedules:
The first scheduled payment will be automatically deducted from your first payment; at a cost of 100PHP
Deposit final payment of 300 PHP directly to Coop. To make a payment, you can follow this form .
The Difference Between Microseller Cooperative And Corporate Accounts
Therefore, Micro seller cooperatives are intermediaries that link the bridge between unlicensed online sellers and the Lazada platform.
Whereas a corporate account at Lazada is identical to a regular seller account where the seller can provide all the necessary requirements for online business including business licenses. Enterprise EU Phone Number account carriers are independent sellers on the platform. Hence, he can run his business without intermediaries.
We all have to start somewhere. And as far as online selling goes, becoming a micro-seller can be a stepping stone to expanding your brand.
Were you a licensed business owner when you started selling on Lazada? Let us know in the comments section.
