Sell On Qoo10

Hey, do you know the SHORTCUT to SUCCESS? It’s selling on EMERGING platforms like Qoo10. 

Yes! Start selling on Qoo10 before the COMPETITION gets too high. But how to sell on Qoo10 with the right STRATEGIES? 

Stay with us! You’re about to EXPLORE the necessary INFORMATION in this article. 

We are the INDUSTRY EXPERTS in making sellers like you SUCCESSFUL. Our expert TIPS guide you on how to sell online. We make online retailers PROFITABLE in no time. 

You learn what Qoo10 is and how to sell on this platform. You also learn about the BEST PRACTICES and FEE STRUCTURES. 

So, you are FULLY EQUIPPED with the information before you ROCK on Qoo10. 

Let’s start!

Back to Basics: What’s Qoo10?

Qoo10 is an online shopping platform in Southeast Asia. It started in 2010 as GMarket, with its headquarters in Singapore. 

It is available in Singapore, Malaysia, Indonesia, Hong Kong, China, and Taiwan. It has plans to expand in the future. 

Qoo10 sells general products. The products from the following categories are available at Qoo10.  

• Beauty & Health
• Sports & Leisure
• Digital & Mobile
• Home & Living
• Food & Dining
• Baby & Kids

The company has a 3Q motto: Quest for shopping, Quick services, and Quality products. 

Pre-requisite for Selling on Qoo10

You need to fulfill the following requirements for selling on Qoo10. 

Valid Email ID 

You need to provide a valid email ID while registering at Q0010. They verify your email ID. You will also need this to access your seller account in the future. 

Local Phone Number and Address

Qoo10 currently accepts seller registration from the countries it is PRESENT in. So, you must have a valid local phone number and address. The local countries are Singapore, Malaysia, Indonesia, Hong Kong, China, and Taiwan. 

Company Documentation 

You may register a single person or a company at Qoo10. But if you register as a company, you must provide the documents. They check and verify these documents for validity. 

Seller Registration Fee

Every new seller needs to give 1,000 Q-cash as a registration fee. 

How To Sell on Qoo10 Marketplace?

Qoo10 is an open market where the PRODUCTS are listed. These products are available for purchase in this open market. 

You need to undergo the following steps to SELL on Qoo10 open market. 

• Step 1: Account Registration 

First, you need to CREATE an account on Qoo10 as a seller. This takes a few moments as the process is quite simple. 

You need to fulfill the REQUIREMENTS stated in the previous section. You are good to SELL if you have done the SELLER REGISTRATION process. 

• Step 2: Create a Product Listing

Qoo10 does not charge you for creating a product listing. You list as many ITEMS as you want. You have to log in to your SELLER ACCOUNT. You may start LISTING PRODUCTS from your DASHBOARD. 

• Step 3: Set Pricing and Details 

You need to set the pricing and product details so they are VISIBLE to customers. 

• Step 4: Get Orders

When your items are listed, they will appear in the marketplace. The customers can place orders for your items. You receive orders and get the products ready for FULFILLMENT. 

• Step 5: Ship Products

Ship products to your customer’s address. You also have to share the DISPATCH and TRACKING information with your customers. 

• Step 6: Confirm the Delivery  

You may CONFIRM the same when your products reach the customer’s address. The sale process on COMPLETES with this step. 

• Step 7: Receive Payments 

Your customers make payments to Qoo10 with a seamless checkout experience. They may use different payment methods, including APPLE PAY. The transaction information is shared with you after the purchase. 

Your payments are released after your customer’s CONFIRMATION. 

Best Practices for Selling More on Qoo10

Now we come to the exciting part. How can you sell in high volumes on Qoo10? 

The following tips would help you NAIL IT. 

Sell Trending Items

If you want to SELL QUICKLY on Qoo10, go for TRENDING ITEMS. Sell what people need to learn more about. These products are NEW to the market. You earn good profit margins with EARLY SALES. 

Be Competitive 

Try to be competitive in your prices. Properly showcase your main service menu. Make use of the DAILY DEALS. You may also combine your items for a GROUP BUY offer for one time sale. 

Write Creative Description 

Your description will ATTRACT consumers. Make sure that your product data is covered beautifully. Use different languages, as you may also have buyers from Japan. 

Collect Positive Feedback 

You must also receive positive feedback from your customers. This data help you get MORE SALES. Be responsible for announcing REWARDS on your company page. 

What are The Transaction and Seller Fees on Qoo10?

Now comes the HARD PART. Let’s look at the transaction and seller’s fees. 

Registration Fee

As mentioned earlier, you must give 1,000 Q-cash for the REGISTRATION at the start. 

Transaction Fee

Qoo10 charges a 12% transaction fee every time. So, you may have to SET your prices accordingly. 

Seller’s Grades Fee

This platform has a SELLER-GRADING system in place. The normal grade has to pay a 12% fee. The good and power grade fees are around 10% to 5%, respectively. 

Please note that the fee percentage is calculated as per the SALES VALUE. The HIGHER the sales value, the LOWER the fee percentage. No cash payments are allowed on this platform.

Pros and Cons of Selling on Qoo10

Let’s see what pros and cons you can get while selling on Qoo10. 

PROS:

You get the following advantages 

• HUGE NUMBER OF VISITORS. Qoo10 has MILLIONS of monthly ACTIVE visitors. Plus, it is present in limited countries. You have a chance of converting these visitors into CUSTOMERS. 

• LOW COMPETITION. Not many SELLERS are present here compared to other platforms. Their SALES AGENT also helps you get things right. You make EASY SALES using proper STRATEGIES. 
• HIGH-PROFIT MARGINS. Qoo10 offers you to earn HIGH-profit margins. Compare the SOURCING and SELLING prices. You notice that the sellers are EARNING a lot. Get there before the MARGINS are SQUEEZED. 

CONS:

You may have the following disadvantages while selling on Qoo10. 

• LIMITED PRESENCE. You have to be present in the local countries for selling on Qoo10. You need a local BANK account, MOBILE number, and ADDRESS. Global sellers may face CHALLENGES on Qoo10.

FAQs about Sell On Qoo10

What’s Next

So, now you know what Qoo10 is ALL ABOUT. Isn’t it a WONDERFUL platform to sell MULTIPLE products? You have a GOOD CHANCE of becoming a SUCCESSFUL seller on Qoo10. 

Do you want to SOURCE quality products at REASONABLE PRICES? Ask for our product sourcing service today. We will help you SUCCEED at Qoo10. 

Call us to get the FREE QUOTE.