1. Direct mail price formula for each station
Nigeria Station = {FOB Price + (1 + 2%) + [Weight x (4.2 + 3.3)]} / (1-5% or 10%) x 370
Kenya Station = [FOB Price + (1 + 2%) + (Weight x 7.7)] / (1-5% or 10%) x 105
Egypt Station = [FOB Price + (1 + 10%) + (Weight x 14.5)] / (1-5% or 10%) x 18.5
Cote d’Ivoire Station = {[FOB Price + (1 + 2%) + (Weight x 14.4)] x (1 + 26.28%) customs clearance fee} / (1-5% or 10% – 18% tariff) x 575
Morocco Station = [FOB Price + (1 + 2%) + (weight x 12.73)] / (1-5% or 10%) x 9.5
Ghana Station = (FOB Price + weight x 5.4 + FOB Price x 22.5%) / (1-5% or 10%) x 5
Cameroon Station = [FOB Price + (1 + 2%) + (weight x 11.63)] / (1-5% or 10%) x 590
Uganda Station = [FOB Price + (1 + 2%) + (weight x 13.42)] / (1-5% or 10%) x 3800
Note:
(1) FOB Price: includes the seller’s operating costs, profits, domestic freight, etc.
(2) Weight: take the largest value between actual weight and volumetric weight.
2. Freight formula
The calculation methods of the main items in the table are as follows.
(1) Freight: 0.5×4.2=2.1 (USD)
(2) Return rate cost: 10×2%=0.2 (USD)
(3) Product CIF price: 10+2.1+0.2=12.3 (USD)
(4) Customs clearance fee: 0.35×3.3=1.155 (USD)
(5) Commission:
Electronic products=(CIF price+customs clearance fee)/(1-5%)x5%=1 (USD)
Non-electronic products=(CIF price+customs clearance fee)/(1-10%)x10%=1.495 (USD)
(6) Final retail price={10x(1+2%)+[(0.5×4.2+0.35×3.3)]}/(1-5%)x370=5348 Naira
Note: Nigeria’s currency is relatively small, and local prepayments are mostly in cash, so it is recommended to set the single digit to 0.
Jumia’s current minimum weight unit is 10g, and there is no maximum weight and size limit.
After the FBJ overseas warehouse account receives the order, it will be processed uniformly by the Jumia overseas warehouse on time. After the order is in the “Shipped” status, a packaging and handling fee of US$0.17 will be charged for each product. In the event of product returns and other situations involving secondary sales, when a new order is generated, the packaging and handling fee will be charged again for the single product. If the goods received by the Jumia Local warehouse do not match the products ordered by the seller on Jumia Express, Jumia will take the actual product as the basis and arrange the warehousing normally. At the same time, Jumia will also modify the order to ensure that the actual product is consistent with the order.