Detailed explanation of how to maximize the use of Wish platform FBW services and charging structure
On the Wish platform, the FBW (Fulfillment by Wish) service provides merchants with valuable warehousing, packaging and distribution solutions, making the operation process more efficient. In this platform, merchants can not only access the “FBW Performance” page to monitor key sales and inventory indicators, but also need to understand FBW’s charging mechanism and inventory management methods.
How to access the Wish platform FBW performance page
Merchants can access the “FBW Performance” page through their merchant platform to view key indicators of sales and inventory. Simply navigate to the Merchant Platform > FBW > Performance page to get relevant information, which can help merchants make effective use of the data analysis provided on the page.
Wish FBW service charging standard
1. Fee details
Sellers can select “FBW” > “View Fees” through the navigation bar in the merchant backend to view the invoice and fee details related to each FBW order. The charging standards of FBW warehouse are mainly based on the size, weight, volume and storage time of the goods. Products stored in the FBW warehouse for more than 3 months will incur corresponding fees. At the same time, the volume of the warehouse is calculated by ounces. The minimum inventory is 1 ounce and the fee is US$3.3.
2. Commission fees
After each order is sold, the platform will charge a corresponding commission, which is usually 15% of the product revenue (including selling price and postage). In addition, merchants need to understand other fees on the platform, such as the registration prepayment fee of US$2,000, withdrawal fees and possible fines, to ensure that various expenses during the operation process can be controlled.
The main advantages of FBW
Using the FBW service can significantly increase product exposure. The inventory in the FBW warehouse will be automatically regarded as Wish Express products, thereby obtaining higher exposure opportunities and increasing exposure by an average of 3 times. In addition, merchants who register for FBW only need to agree to the “FBW Terms of Service” to gain access to the FBW-US-PLG warehouse.
Clear unnecessary inventory
Merchant can choose to entrust the warehouse with unwanted inventory for destruction or transport it to a designated address, and the cost of delivery will depend on the situation. It should be noted that Wish does not allow products to be shipped from the FBW EU warehouse to China and other specific locations. In addition, merchants can also speed up shipments by reducing prices or using promotions such as ProductBoost and CollectionBoost.
Conclusion
By understanding the access methods, charging standards and advantages of the FBW service on the Wish platform, merchants can better utilize this system to optimize their business operations, while gaining more flexibility in managing inventory and reducing fees. This will make them more efficient and successful in the increasingly competitive cross-border e-commerce environment.