How much does it cost to open a Wish store? Is the initial investment high?
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Many friends on Wish can choose to open a store on this platform. Before entering, everyone should also understand some of the platform's entry conditions. Some platforms require everyone to pay fees. How much does it cost to open a store on Wish? How much does it cost to open a Wish store? 1. A prepaid store registration fee of USD 2,000. All seller accounts that complete the registration process are required to pay a prepaid registration fee of US$2,000. 2. Platform commission. After the product is sold, Wish commission will be charged as a certain percentage or a certain amount from each transaction. That is, after the product is sold, the product revenue (price) + 15% of the postage will be charged as commission. 3. Withdrawal fee. When you withdraw cash from your account on Wish, a certain percentage of the handling fee will be charged. Different channels charge different fees. 4. Logistics and express delivery costs. The logistics freight mainly depends on the seller's logistics carrier, and different carriers charge different fees. It is worth noting that in some cases, the seller needs to bear 100% of the refund costs. 5. Platform fines. The Wish platform has strict control over sellers. If they violate the platform rules, they will be fined. 1. Accounts with inaccurate product information and selling counterfeit and infringing products may face fines. Each counterfeit product may be fined $1. 2. If a store prohibits sales of promotional products totaling more than $500 in the past 9 days, the store will be fined $50. 3. If an approved product is found to violate this review policy after editing, Wish sellers may be fined $10,000. The cost of opening a store on Wish is not that high, but these platforms all require a deposit. No matter which platform you use to do e-commerce or want to sell goods, you need to pay a deposit first, which can be refunded if you stop doing it. Recommended reading: What are the factors that affect Wish store rankings? How to improve rankings? How to cancel a wish merchant account? FAQ What are the channels for joining Wish? What are the fees? |
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