1. Commission ratio of each site
(1) Electronic commission ratio is 5%, non-electronic commission ratio is 10%
(2) Nigeria (NG): The minimum commission requirement is US$1, and the commission for orders not higher than US$1 will be charged directly as US$1.
(3) Electronic categories include: mobile phones and tablets, computers, games and game consoles, televisions and electronic products.
(4) All other categories: commission rate 10% (based on online selling price). Refers to all categories except the above categories, including but not limited to fashion, home office, watches and sunglasses, baby and children’s toys, groceries, health and beauty, automotive, sports and fitness, books, movies and music, weddings, travel luggage and suitcase.
2. Freight, customs clearance fees, and value-added tax (VAT) at each site
(1) CIF Price: cost + insurance + freight
(2 ) Freight unit: USD/kg
(3) Customs clearance fee: The platform usually uses the gross weight of the product to calculate the customs clearance fee, and the unit is: USD/kg.
(4)VAT: At present, only the Cote d’Ivoire station needs to collect 18% VAT fee, and other stations do not have this fee
3. Volumetric weight formula of each station
4. The exchange rate of each site
Jumia’s exchange rate is a fixed exchange rate, and the refund will be paid according to Jumia’s official exchange rate. If the exchange rate changes, Jumia will notify you of the change one week in advance.
5. Direct mail price formula for each site
Nigeria site=FOBPrice+ (1+2%)+[weight x (4.2+3.3)V (1-5% or 10% )x370
Kenya Station=[FOB Price+ (1+2%)+(Weightx7.7)V(1-5% or 10%)x105
Egypt Station=FOB Price+ (1+10%)+(weight x14.5)V(1-5% or 10%)x18.5
Ivory Coast Station=IFOB Price+ (1+2%)+(weightx14. 4)1 (1+26.28%) customs clearance fee I (1-5% or 10%-18% tariff)x575
Morocco Station=FOB Price+ (1+2%)+(weightx12.73 )V(1-5% or 10%)x9.5
Ghana station=(FOB Price+ weight x5.4+FOB Pricex 22.5%)/(1-5% or 10%)x5
Cameroon Station=FOB Price+ (1+2%)+(weight x11.63) (1-5% or 10%) x590
Uganda Station=FOB Price+ (1+2% )+(Weight , domestic freight, etc.
(2) Weight: Take the largest value between the actual weight and the volumetric weight
The maximum selling price limit of each site
Freight formula
The key items are calculated as follows.
(1) Shipping fee: 0.5 x 4.2=2.1(USD)
(2) Return rate cost: 10×2%=0.2(USD)
(3 ) Product CF price: 10+2.1+0.2=12.3(USD)
(4)Customs clearance fee: 0.35 x 3.3=1.155(USD)
(5)Commission:
Electronic category=(CF price+customs clearance fee)/(1-5%) x5%=l(USD)
Non-electronic category=(CF price+customs clearance fee)/(1 -10%)x10%=1.495(USD)(6)Final retail price=10x(1+2%)+0.5 x4.2+0.35 x 33)1-5%)x 370=5348 Naira Note: Nigerian Currency Value It is relatively small, and local prepayments are mostly in cash. It is recommended that the single digit be set to 0.
Jumia’s current minimum weight unit is 10g, and there is currently no maximum weight and size limit.
After the FBJ overseas warehouse account receives the order, it will be processed by the Jumia overseas warehouse on time. After the order is in the “Shipped” status, a packaging processing fee of US$0.17 will be charged for the single product. In the event of product returns, secondary sales, etc., when a new order is generated, the single product will be charged a packaging processing fee again. If the goods received by Jumia Local Warehouse do not match the order placed by the seller on Jumia Express, Jumia will use the actual product as the standard and arrange the warehouse as usual. At the same time, Jumia will also modify the order to ensure that the actual product is consistent with the order.
8. Other fees
In addition to the above fees, the platform also has some other fees that may be incurred.
(1) Return fee: The overall return cost of the Jumia platform is more than 2%, among which the return cost of the Egyptian site is higher than that of other sites. It is recommended that sellers calculate it to more than 10% to avoid later losses.
(2) Fund withdrawal handling fee: Jumia platform uses P card to collect payments, and the withdrawal handling fee is usually 1.2%~2%.
(3) Delivery failure, order cancellation midway, platform fines, etc. will increase additional operating costs. The specific amount needs to be determined by the platform based on the situation, but the seller can also appropriately include this fee when calculating the cost. Consider it.
(4) Sellers who use FBJ overseas warehouses also need to calculate storage fees and operating fees for each order. Sellers who use warehouses also need to consider unloading fees and other expenses.
For sellers on new platforms like Jumia, the losses incurred are mainly in the “other expenses” item, because there are many unstable factors in the new platform, and the actual situation of each seller may Because there are differences in operating conditions, product quality, classification, etc., you can make adjustments based on the payment collection and store operations.