Wish is a cross-border e-commerce platform with a large number of young fans. It quickly squeezed into the four major cross-border e-commerce platforms with its personalized push model and became as famous as Amazon, AliExpress, and eBay. A cross-border e-commerce APP. Therefore, many sellers have sensed the business opportunities of wish and opened stores to sell on this platform. For novice Wish sellers, the biggest concern is naturally the commission issue. So, do you know what percentage of commission fees the Wish platform charges? This article will introduce the commission and charging issues of Wish, let’s take a look!
First, it is worth mentioning that Wish platform does not charge rent for opening a store, only commission. If there are no sales, the wish platform will not charge commissions. This is very user-friendly for small and medium-sized sellers who are new to the Wish platform and can save money for store operations.
Second, commission collection is related to product sales. Wish will charge a commission of 15% of the transaction amount. The transaction amount refers to the sum of product sales and shipping costs. Therefore, if the seller wants to reduce commission expenses, he can package and ship multiple orders at the same time to reduce freight expenses.
Third, the 15% commission fee is actually not low, so wish sellers must take the commission fee into consideration when pricing their products to see if there is room for profit after removing these platform fees. Don’t lose money. Wish product pricing is a very important link. Sellers must conduct market research and analysis before setting prices, and study the product pricing standards of other competing sellers.
Finally, if you want to make a profit on the Wish platform, in addition to these commission issues, Wish sellers also need to consider many factors that affect profits. In terms of Wish store opening costs, in addition to product purchase costs and logistics costs, Wish sellers also need to pay attention to product promotion costs, advertising costs, etc. Only when all these expenses are taken into account can sellers be able to gain profits and Long-term development.