Jualo Free Escrow and Withdrawal Fees

Classifieds service Sello just announced it has cut all costs free escrow (joint account) and withdrawal fees (withdraw balance) for users throughout Indonesia. This service is intended to provide convenience, comfort and especially security for both buyers and sellers who make transactions at Jualo.

“We want Sello become a means where everyone can buy and sell goods safely and conveniently from anywhere. Because there are still many people out there who buy and sell online without any protection (make payments directly to the seller), we want to make sure that anyone can use this protection to make online transactions without a second thought, that's why we waive all additional fees transaction escrow at Jualo," said Jualo COO Pedro Principe in the release we received.

Pedro added that Jualo is the right solution for people with less range of distribution of goods in Java, for example in Kalimantan, Sumatra and Sulawesi, who want to buy used goods which are usually available in higher quantities on the island of Java. In this case, the Jualo Escrow service allows people to make transactions from one region to another in Indonesia.

Strengthen the strategy to continue to survive in the era of increasingly “unreasonable” e-commerce competition

During a media visit to DailySocial HQ, Pedro once revealed multiple strategies that was mixed by Jualo to be able to be at the top of the service online marketplace in Indonesia. In addition to continuing to strive for application innovation updates, Jualo is also trying to strategically allocate the funding it has received. Jualo chose to be moderate. This means that any money to be disbursed must be in accordance with the company's needs.

[See also:The Reality of Hot Local E-Commerce Competition]

But the competitive climate in the landscape E-commerce nor online marketplace it doesn't make sense anymore. Starting from the tariff war, scattered promotions and various other strategies indicated as a way of "burning money" continues to be intensified. Not surprisingly, in the Indonesian startup landscape, the type of startup E-commerce have the confidence to get a bigger investment. The potential for traction and rapid shifting of digital shopping trends is the driving force.

Not only competing with local players, the green consumer market in Indonesia has made several outfielder also tighten the head strap to compete. E-commerce big supported by corporations and SOEs don't want to lose either. By carrying out a more specific segmentation, generally these businesses strengthen their maneuvers.

[See also:More than half of Indonesia's population is connected to the internet]

The feature-based approach is now preferred by Jualo. Some time ago it launched Sell ​​Wallet, a joint account service for processing purchase transactions. Previously also launched Sell ​​Kasbon which makes it easier for users to make purchases on credit.