Marketplace success isn't about discounts

E-Commerce Operations Published 30 Jul 2026 By Georgina Pang

Marketplace success isn't about discounts

Southeast Asia's platform GMV grew 22.8% in 2025 — the fastest pace in four years — and the sellers leading that growth weren't the ones cutting prices hardest. Here's what actually moved the needle.

Every marketplace playbook starts the same way: run a flash sale, drop the price, hope the algorithm notices. It's an easy lever, and on Shopee, Lazada and TikTok Shop discounting is baked into the culture — vouchers, coin cashback, mega-campaign price wars. But the sellers compounding growth right now aren't winning on price. They're winning on visibility, trust and content — and treating discounts as an occasional tool, not a strategy.

22.8%Southeast Asia platform GMV growth in 2025 — the fastest in four years
98.8%of regional GMV held by just three platforms: Shopee, Lazada, TikTok Shop
32%of platform GMV now driven by content commerce, not static listings
Content commerce, not price cuts, is winning the growth race
Content commerce as a share of total Southeast Asia platform GMV
20%32% 20242025
Source: Momentum Works, "Southeast Asia's platform ecommerce reaches US$157.6B in 2025," Apr 2026.

The discount trap

Why price-first strategies stop working

Cutting price buys a spike, not a customer. Shoppers learn a listing goes on sale and simply wait for it — a well-documented anchoring effect that permanently resets what they'll pay. Discount-trained buyers do come back, but for the next voucher, not the brand.

93% of coupon-driven shoppers return only when another discount is on offer — a loyalty loop built on price, not the seller behind it.

Meanwhile, TikTok Shop's own pricing data shows the ceiling on that strategy: average order values across the region sit far below traditional e-commerce, and heavier discounting compresses margin without lifting the metrics that actually determine long-term ranking — conversion rate, repeat purchase, and review velocity.


The playbook

Four levers that actually move marketplace conversion

None of these require a lower price tag. They require the operational discipline most sellers skip.

01Search & Listing Optimization
1
Win the click before you touch the price
Titles, backend keywords, and complete category attributes decide who shows up on page one — most sellers never touch it.
Semrush Canva
02Content Commerce & Livestream
2
Sell in the feed, not just the storefront
Content commerce now drives 32% of platform GMV — shoppable video and livestream convert browsers who never open search.
CapCut Buffer
03Reviews & Trust Signals
3
Let proof do the convincing
Rating count and review recency outweigh price in shopper trust — reply to every review within 48 hours.
Trustpilot Zendesk
04Retention Over Re-Acquisition
4
Design for the second order, not just the first
Tiered perks and post-purchase flows lift lifetime value without training buyers to wait for a sale.
Klaviyo Zapier

Build the system

Where to start

Your situationStart withWhy
High ad spend, flat sales
Fix listing SEO first
You're paying to send traffic to a page that can't convert it
Good traffic, weak conversion
Invest in reviews & content
Shoppers need proof and context, not just a lower price
Margins shrinking every campaign
Move to tiered loyalty perks
Rewards repeat buyers without resetting price expectations
Selling on 2+ marketplaces
Centralize catalog & data
Inconsistent stock and pricing quietly kill ranking and trust

Discounts move units for a weekend. Search rank, content and trust move revenue for a year — and they compound instead of resetting with every campaign.


Where Glyde fits

We build marketplace operations, not markdowns

Most sellers treat their marketplace storefronts as an afterthought to a "real" website — updated in a rush, priced on instinct. We treat marketplace presence as its own growth channel: listings engineered for search, content built for the feed, and retention flows that don't rely on the next voucher to bring buyers back.

The Glyde Growth Framework

01

PositionBrand strategy
→

02

DesignVisual identity
→

03

BuildWebsite & assets
→

04

MarketSEO · Ads · Social
→

05

ScaleSustainable growth

Ready to grow marketplace revenue without another price war?

Glyde audits your listings, content and retention flows to find what's actually holding back conversion.

Get a marketplace audit →

← Back to Blog