Before applying for a wish account, you must understand the fees for opening a store on wish. Below is a summary of the fees for opening a store on the wish platform based on my experience. I hope it will be helpful to everyone.
Fees that need to be paid for opening a store on Wish:
1. Platform commission
It is free to create an account and set up a store on Wish, and there is no charge for submitting product information. However, Wish will deduct a commission from each transaction at a certain percentage or a certain amount. That is, after the item is sold, 15% of the revenue (market price + delivery fee) of the item will be deducted as a commission.
2. Payment and withdrawal rate
3. Transportation fee
The freight transportation fee mainly depends on your freight carrier, so I won’t go into details here. It is important to note that in some cases, merchants must bear 100% of the refund costs for customer refunds. For details, please click on “Wish Platform Refund Policy”
4. Platform Penalties
● If the product information is inaccurate or counterfeit and infringing products are sold, the account may be penalized. Each counterfeit may be fined $1.
● If the store prohibits the sale of marketing products with a total transaction amount of more than $500 in the past eight days, the store will be fined $50.
● If the reviewed products are found to violate Wish’s policies when they are reviewed here after editing, the merchant may be fined $100.00.
The above is the content about the fees that need to be paid to open a store on Wish. I hope it will be helpful to friends who are interested in opening a store on Wish.