The fnac platform is the third most visited cross-border e-commerce website in France after Amazon and Cdiscount. The company was founded in 1954 and is one of the fastest growing platforms in Europe. Currently, the company has 29 million users, almost half of France’s population, and more than 10 million unique visitors per month. It covers 8 countries including France, Belgium, Brazil, Monaco, Portugal, Spain and Switzerland, and has 189 stores worldwide.
Fnac has a wide range of products, with more than 10 million products currently stationed on Fnac, with 50 million visits in November 2019 and an annual turnover of 6.38 billion euros. On the other hand, FNAAC’s consumers are almost all from developed European countries and have strong spending power.
1. Settlement requirements
1. If you are an individual seller, the company needs to have a French mobile phone number and address; if it is an enterprise, you need to provide a mainland business license or Hong Kong BR business license.
2. Have a brand and match the hot sales categories of the platform.
3. Experience in cross-border e-commerce platforms. Store links, store sales, and reviews of Cdiscount, eBay, Amazon, etc. are required. Priority is given.
4.Fnac requires a high level of French proficiency. We recommend that you or your staff have a professional French speaker or a local French person operating.
2. Settlement fee
1. Monthly rent: 39.99 euros per month
2. Product commission: 8-15% (commissions vary for different categories) )
3. The collection of funds must comply with the loan agreement signed with ESG, which charges an exchange rate fee of 2.5%, or less than 1% of the total platform amount.
3. Store requirements after completing the settlement procedures
1. Order acceptance rate>97%
2. Order correction rate<5%
3. Store evaluation>4.5
4. Time to receive order: less than 48 hours
5. Order delivery time: less than 48 hours Hours
6. It is strictly prohibited to sell or upload fake and shoddy products, especially brand names. Once the platform is found to be returned or the store is closed, the loss will be borne by the seller himself.
IV. FNAC popular products
Computers: laptops, tablets, computer monitors, accessories (cables, power banks, batteries, etc.)
Smartphones and Mobile phones: smartphones (refurbished and brand new), smartphone and tablet accessories
Toys: Lego, drones, high-end brand toys, etc.
Digital products: digital cameras and lenses (especially Canon/Nikon/adhesive brands)
5. Platform advantages
1. High visibility and traffic Large traffic
2. It is the preferred platform for brands or boutiques
3. Orders are issued quickly and are suitable for creating popular styles.
VI. Fnac platform logistics model
1. Restriction requirements after settlement: arrival time shall not exceed 10 days (including peak seasons)
2. Processing After settling in, you can only use overseas warehouses or express delivery, and can ship through CD and Amazon.fr channels.
3.Fnac does not support ordinary mail, and the package must have a tracking number