With the development of e-commerce platforms, more and more merchants want to become distributors of Whale Buds and get more profits based on the distribution of products. However, for many sellers, one question they may care about is: Do Whale Bud distributors need to pay a deposit? Are there any other fees?
1. Do Whale Bud distributors have to pay a deposit when they settle in?
No.
First, according to the current policy of the Whale Bud platform, distributors do not need to pay any deposit when they settle in. Whale Bud encourages more stores to add and provides a convenient processing process to lower the threshold for settlement. Stores only need to fill in relevant information as required and submit necessary qualification materials for review to become Whale Bud distributors.
Secondly, Whale Bud focuses on providing merchants with good cooperation opportunities and platform resources. The platform aims to improve the operating efficiency of merchants, so no deposit is provided. Compared with deposits or guarantees that may appear on other platforms, Whale Bud gives stores more stability and discounts in this regard.
It should be noted that although Whale Bud distributors do not need to pay a deposit, merchants must still meet a series of settlement standards. These conditions include legally registered offline stores, relevant business licenses and permits, reliable quality product supply, etc.
Second, how much does a Whale Bud distributor have to pay?
In addition to the deposit, some merchants may also be concerned about: As a Whale Bud distributor, how much other miscellaneous fees do they need to pay?
First, as a distributor, the merchant needs to sign a cooperation agreement with the Whale Bud platform and settle and pay in accordance with the agreement of the cooperation agreement. The specific fees and amounts depend on the cooperation mode and actual commitments between the store and the Whale Bud platform, such as commissions, service fees, etc.
Secondly, Whale Bud can set a certain commission ratio or interest rate based on the sales performance and scale of the store. These interest rates are usually based on the commitments in the cooperation agreement and are adjusted according to the business performance of the merchant. After becoming a Whale Bud distributor, the merchant should pay the corresponding fees as required by the cooperation agreement.
In addition, the store should also bear certain operating costs, such as commodity procurement, logistics transportation, marketing, etc. The fees will vary according to the situation and needs of the store itself.
As a Whale Bud distributor, the merchant needs to pay the corresponding fees as required by the cooperation agreement. The fee includes a commission ratio or rate set according to sales, as well as some operating costs. Before becoming a Whale Bud distributor, merchants should understand the specific circumstances of the cooperation fee and fully communicate and discuss with the Whale Bud platform.
Generally speaking, the entry standards for Whale Bud distributors do not require a deposit, which lowers the threshold for adding stores. Stores only need to meet the prescribed entry conditions, fill in the application information, and provide qualification materials as required to become Whale Bud distributors.