Ozon is a multi-country e-commerce platform that provides a convenient online sales space for global sellers. On this platform, currency selection and product upload are two important registration stage operations that are crucial to sales strategy and international transactions. This article will comprehensively introduce the guidance of currency selection on Ozon, the exchange rate conversion of product prices, and the product upload process to ensure that merchants can conduct cross-border transactions smoothly.
First, the importance of currency selection on Ozon.
When registering a personal account on Ozon, merchants will choose a settlement currency, which will be fixed in the contract with Ozon and cannot be changed later. Therefore, currency selection is a decision that requires careful consideration and will directly affect the financial process of all future transactions.
1. Currency fixation and contract terms.
The selected currency will be recorded in the contract and clearly displayed in the “Settings → Bank Details and Contracts → Contracts” section of the personal information center. This setting ensures the stability of transactions and avoids the impact of exchange rate fluctuations on sellers’ income.
2. Regional list of available currencies.
Ozon provides different currency options for merchants in different countries and regions, such as US dollars, rubles, euros, yuan, etc. This design takes into account the convenience and transaction efficiency of merchants in various regions.
Second, how to receive payments in a new currency?
If a merchant wants to receive payments in other currencies, he needs to create a new personal information center and select the corresponding currency. This is especially important for merchants who are expanding their business scope or adjusting their financial strategies.
Third, product upload and exchange rate conversion.
On the Ozon platform, product upload is a simple but crucial step. The price of the product will be converted from the contract currency to rubles and calculated based on the exchange rate of the day. Therefore, the pricing of the product needs to be set based on the contract currency and converted to ruble prices.
1. Exchange rate calculation of product prices.
The ruble price of the product depends on the exchange rate of your contract currency relative to the ruble. For example, the US dollar price you set will be converted to the ruble price based on the real-time exchange rate, ensuring that the price reflects the current exchange rate conditions in the market.
2. Specific steps for uploading products.
When uploading products, you should specify the price of the product in the contract currency in the personal center. When uploading products through templates or Seller API, you should make sure to fill in the correct currency code.
Fourth, Seller API and currency code setting.
The use of Seller API makes product uploading and price setting more automated and efficient. When uploading products using Seller API, you must specify the contract currency code and product price. This ensures the accuracy of the price and the transparency of the transaction.
Five, Precautions for using Seller API.
When using Seller API, different requests and operations require different information to be filled in. Contract currencies other than rubles must be clearly indicated in the corresponding fields from September 1. In the case where the Russian ruble is the contract currency, this field does not need to be filled in.
Conclusion:
Currency selection and product uploading on the Ozon platform are the basis of cross-border e-commerce activities. Merchants must understand how to choose the right currency based on their business needs and financial planning, and be familiar with price conversion and API operations during product uploading. This not only affects the convenience of transactions, but also affects the income stability of merchants and their competitiveness in the international market.