For shops that want to operate on the wish platform, it is very important to abide by the platform rules. So, let’s learn about the reasons and rules for the price increase on the wish platform!
1. The reasons for the price increase on the wish platform .
1. The price increase on the platform is based on the average market price range of the commodity category. Generally, the price increase of low-price products of US$1-5 is US$3-5;
10-25 US dollars, the basic price increase range is 7-10 US dollars; for products with higher unit price per customer, the price increase range is even higher, 15+ US dollars.
2. The platform increases prices based on promotional categories. The current price increase of the platform’s main categories of products is very small or even non-existent; the price increase of normal products is normal according to the wish machine algorithm; the prices of non-mainly promoted products have been extremely high recently.
3. The price increases on the platform are based on the average price listed in the link. If the price difference is too large, the markup will generally be slightly higher. Unless the lower price low price controls the markup or lowers the maximum price variant.
2. Rules of wish platform.
1. Wish registration rules.
(1) Provide true information to avoid serious consequences caused by incorrect information and affect the development of the store.
(2) Each company is only allowed to register one Wish account to ensure fair competition among Wish stores. Account association will face the risk of store closure.
2.wish product promotion rules.
Irregular promotions. At the same time, Wish stipulates that sellers are not allowed to increase the price of goods, including shipping costs, before promotions.
3.wish push rules.
Wish has strict requirements. The title description must be concise and clear, the product pictures must be clear and beautiful, use the size recommended by the system, and the pictures must be eye-catching to attract more people’s attention at once. Wish tag setup is simple and straightforward. Price settings must match product quotes.
4.wish customer service rules.
A good shopping environment can effectively increase customers’ repurchase rate.
5. Things to note when settling in wish.
(1) Only sell copyrighted or authorized products.
Businesses on wish can be manufacturers, brands, etc. The product listing must be clear and detailed, and the description and image must accurately represent the product.
(2) Logistics and distribution are fast and reliable.
Orders must be shipped within 1-5 days and must provide a valid logistics order number.
(3) Provide independent services.
Sellers need to complete orders in a timely manner and answer user questions. If a consignment model is adopted, sellers must be able to conduct large-scale consignment sales.
6. Reasons for price increase on wish platform.
1. The price increase on the platform is based on the average market price range of the product category. Generally, the price increase of low-priced products ranging from US$1 to US$5 is US$3-5;
10-25 US dollars, the basic price increase range is 7-10 US dollars; for products with higher unit price per customer, the price increase range is even higher, 15+ US dollars.
2. The platform increases prices according to the promotional categories. The current price increase of the main categories of products on the platform is very small or even non-existent; the price increase of normal products is normal according to the Wish machine algorithm; the prices of non-mainly promoted products have been extremely high recently.
3. The price increases on the platform are based on the average price listed in the link. If the price difference is too large, the markup will generally be slightly higher. Unless the lower price low price controls the markup or lowers the maximum price variant.
The above introduction is the reasons and rules for price increases on the Wish platform. Understanding the reasons and rules for the price increases on the Wish platform will help buyers make shopping on the cross-border e-commerce platform more convenient and experience, and sellers will have more confidence in the store. Operation is an important reason for store development. A good operation and management model can increase the exposure of the store, thereby driving sales and obtaining greater profits.