Seataoo Scam, beware of this site!

First, let’s discuss what is Seataoo?

Seataoo is an online cross-border e-commerce platform, Seataoo Philippines was established on October 2022. As a rookie cross-border e-commerce platform, Seataoo has been favored by users since its establishment. Currently, they got over 300,000 users as of June 2023 and serve 25 countries, yes! Seataoo not only sells or provides services within the Philippines but Globally.

Seataoo also owns e-commerce websites like Shopee and Lazada. They also got an app in Android and IOS, achieving this platform as a rookie who just established last 2022 is already amazing. Although, I notice there a still some improvements needed to make their website, and app more user and customer friendly.

You can also find them on their office at 12th Floor, Co­co­l­ight Build­ing, 39th Street cor­ner 11th Av­enue, Boni­fa­cio Global City, Taguig City, Metro Manila or contact them on their telephone number (02) 8712-7516 or reach them thru email at admin@seataoo.com. They also got warehouse here in the Philippines but address is not mention, so I’ll mention here once I got the details.

Next, Lest Disccuss the Seataoo Business Model.

Seataoo pro­vides a com­pre­hen­sive set of tools and re­sources to help busi­ness own­ers build and run their on­line stores ef­fec­tively. This in­cludes tem­plates for the store de­sign, ac­cess to a pow­er­ful sports prod­uct ware­house, pay­ment pro­cess­ing tools, and var­i­ous mar­ket­ing tools to pro­mote their busi­ness and at­tract cus­tomers. By pro­vid­ing all these es­sen­tial foun­da­tions, Seataoo aims to sim­plify the process of run­ning an on­line busi­ness and en­able busi­ness own­ers to fo­cus on their core com­pe­ten­cies and grow their busi­ness.

They pro­vides free ad­ver­tis­ing and on­line traf­fic to help each store achieve sales, which is a sig­nif­i­cant ad­van­tage for in­de­pen­dent busi­ness own­ers who may strug­gle to at­tract cus­tomers on their own. By choos­ing Seataoo’s plat­form and ser­vices, these busi­ness own­ers can gain greater vis­i­bil­ity and gen­er­ate more rev­enue.

They care­fully se­lect part­ners for sup­pli­ers, ware­houses, lo­gis­tics, and pay­ment providers to help busi­ness own­ers by pro­vid­ing them with cost-ef­fec­tive and se­cure so­lu­tions. By sourc­ing prod­ucts di­rectly from fac­to­ries and us­ing cheap and safe lo­gis­tics meth­ods, They can of­fer af­ford­able prices and fast de­liv­ery to cus­tomers. And by part­ner­ing with trusted pay­ment providers, Seataoo en­sures pay­ment se­cu­rity for both buy­ers and sell­ers.

All of these ser­vices help busi­ness own­ers fo­cus on run­ning their stores and sell­ing their prod­ucts with­out wor­ry­ing about lo­gis­tics and pay­ment is­sues. Seataoo has its own cus­tomer ser­vice team trained to han­dle all kinds of af­ter-sales ser­vices to en­sure cus­tomer sat­is­fac­tion. This in­cludes ad­dress­ing any is­sues with prod­uct qual­ity, ship­ping, and re­turns. By hav­ing a ded­i­cated team to han­dle these tasks, busi­ness own­ers can fo­cus on other as­pects of their busi­ness and not have to worry about cus­tomer ser­vice.

Now let’s Google the meaning of E-Commerce and Dropshipping so you understand more.

What is “E-Com­merce”?

E- com­merce is the buy­ing and sell­ing of goods and ser­vices on­line. It in­volves the use of the in­ter­net and dig­i­tal tech­nolo­gies to con­duct trans­ac­tions be­tween busi­nesses, in­di­vid­u­als, and/​or gov­ern­ments. E-com­merce has rev­o­lu­tion­ized the way peo­ple shop and do busi­ness, mak­ing it more con­ve­nient and ac­ces­si­ble to a wider au­di­ence. It in­cludes var­i­ous types of trans­ac­tions, such as busi­ness-to-busi­ness (B2B), busi­ness-to-con­sumer (B2C), and con­sumer-to-con­sumer (C2C) trans­ac­tions like Lazada, Amazaon and Shoppee.

What is “Dropship­ping”?

​In Drop ship­ping, the seller does not have to hold in­ven­tory or worry about man­ag­ing a ware­house. In­stead, they rely on the third-party sup­plier to ful­fill the or­ders di­rectly to the cus­tomers. This al­lows the seller to fo­cus on mar­ket­ing, cus­tomer ser­vice, and grow­ing their busi­ness with­out the added costs and time as­so­ci­ated with man­ag­ing in­ven­tory and ship­ping lo­gis­tics.

How Seataoo earn from this kind of Business model?

Drop­ship­ping busi­ness re­lies on find­ing the best prod­ucts to mar­ket to their cus­tomers and typ­i­cally do not need to worry about sourc­ing, stor­ing, or ship­ping the prod­ucts them­selves. Seataoo’s pro­fes­sional ware­house di­rectly pur­chases prod­ucts from fac­to­ries with­out go­ing through dis­trib­u­tors, al­low­ing sell­ers to max­i­mize their prof­its by of­fer­ing com­pet­i­tively priced prod­ucts to their cus­tomers. Seataoo does not charge any com­mis­sions or in­ter­me­di­ary fees, only earn­ing a slight price dif­fer­ence when sup­ply­ing goods.

Seller obligation and Requirements

What is a Seller?

Seller is the one going to chose which product going to sell in Seataoo e-commerce seller website and the one who going to fund the initial worth of each product they sold.

What is the requirement to be a Seller?

• Pateince, ROI (return of investment) can’t be happen in just few days, it may take time depends on your seller sites performance and products you are selling. If you don’t have this then this is not for you.
• initial investment to fund your Seataoo wallet (you only need to fund your wallet when you got orders) You can start with any amount but I think the ideal is 5,000 PHP ~ 30,000 PHP as initial investment or Puhunan na tinatawag.
• You need a valid ID like National ID, Passport, Driver License, etc for verification.
• You need a cellphone or laptop and internet
• You need a PH bank account to withdraw your profit and for cash-in.
• Gcash, optional only for easier cash-in process
• You need to a referral code: 81355897ll (for faster approval of your seller account) or you can register here with referral ready link.

Note: Everyone can be a seller as long you got those requirements above even you’re not in based Philippines.

Conclusion:

Technically Seataoo took every work you may need to do if you setup a e-commerce + dropshipping websites, in term of site maintenance, programing, inventory, warehouse, payment process and delivery. All you need to do is to setup your a seller account, put some fund on it to pay the initial worth of the product you sold, and then take the profit after the costumer received the products which takes 15-20days timeframe.

Since Seataoo earning a small percentage on every product your sold as a seller, Why Seataoo need to SCAM other people? It’s a win-win scenario since Seataoo and Seller both earn something on every product they sold on their website.

Still DYOR (do your own research), it’s your money so you’re the one resposible for it and incase you invested make sure it’s only your extra money.

Disclaimer: Author is not related to Seataoo or part of their them, I’m also a Seller and investor like you, here my Seller website https://seataoo.com/shop/Sab-and-Migs-Enterprise-46420

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