Detailed explanation of Jumia store registration process and fees
As one of the largest e-commerce platforms in Africa, Jumia provides sellers with abundant market opportunities. This article will combine the content of multiple reference articles to introduce in detail the information, registration process, fees and payment cycle required to open a Jumia store.
Information required to open a store
Before opening a Jumia store, you need to prepare the following information:
- Name, mobile phone number, email address
- Company name (Chinese and English)
- Company detailed address (in Chinese and English, must be consistent with the P card account)
- P card registration email
- Corporate Taxpayer Identification Number
- Jumia store name
Shop opening costs
The Jumia platform only charges commissions and does not charge platform fees, monthly or annual fees. For international sellers, commission fees are as follows:
- Minimum commission $1
- The commission rate for electronic products is 5% of sales
- The commission rate for all other categories is 10% of sales
Repayment cycle
Jumia’s payment cycle is based on the delivery date and will be paid after two weeks. Payments are made twice a month. For example, if the payment is made on December 1st, the payment amount will be the total amount of orders with the status “Delivered” displayed in the Seller Center from November 1st to November 14th. If the payment is made on December 15th, the refund amount will be the total amount of the corresponding orders from November 15th to November 30th
Registration process
Register an account
Chinese sellers need to enter Jumia’s investment team in China. After contacting the investment manager, fill in the settlement form, and then receive an account opening email. After logging in to the Jumia official website, select “Register”, fill in the relevant information and submit the application.
Sign the contract
After the store is successfully registered, it needs to sign a business cooperation contract with Jumia. The contract has a total of 27 pages. The pages that need to be printed, signed and stamped are page 1, page 3 and page 27. After the contract is signed, a logistics contract must be signed.
Activate store
After receiving the account opening email, you need to list at least 5 SKUs and reply to the investment manager’s email to apply for store activation.
Notes
- Prepare relevant documents, such as business registration certificate, business license, etc.
- Pay attention to Jumia platform policies, including settlement cycle, after-sales service, etc.
- Do market research in advance to understand African consumption habits and popular products
- Individual sellers must meet age requirements (over 18 years old) and provide proof of identity and valid contact information
Through the above process, sellers can successfully enter the Jumia platform and use its huge user base to expand their business. I hope this article will be helpful to sellers who are interested in launching e-commerce in the African market.