You've probably heard of Wish before. It's an eCommerce platform with a $16 billion valuation, and they're the second largest company in China after Alibaba. What you need to know is that there are some things about this giant retailer that might surprise you.
Before you ask yourself questions about how to sell on Wish, get a quick overview of this digital and online eCommerce platform and learn how to sell on the Wish marketplace step by step.
Wish is a popular ecommerce marketplace known for selling affordable products to value-conscious consumers. With over 500 million users globally, Wish provides a massive opportunity for merchants to sell their products.
Here are some key facts about the Wish marketplace:
Becoming a merchant on Wish is straightforward:
Effectively showcasing your products is key to making sales. Follow these best practices when creating listings:
To receive payment for your Wish sales, you must set up your payment method in your account settings. Wish offers payout via Direct Deposit, PayPal, or Payoneer. Enable automatic payments so your earnings are transferred on a regular cadence.
Here are proven tips for boosting Wish sales:
Selling on Wish provides access to hundreds of millions of bargain hunters worldwide. By following these best practices, merchants can build a highly successful Wish store.
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Wish charges a 15% fee on the total order value plus shipping fees every time you make a sale. You do not pay monthly subscription fees, listing fees, or other additional charges.
You can sell most products on Wish besides counterfeit goods, virtual items, services, and gift cards. Focus on impulse purchase items across categories like accessories, beauty, electronics, and more.
Use competitive pricing, high-quality photos, promotions and giveaways, and social media marketing to increase visibility and conversions. Engaging with your audience builds loyalty.
When listing items, you must provide accurate shipping costs and estimated delivery times. This sets proper expectations for customers and allows Wish to manage orders.
Yes, customizing your logo, banners, product categories, and policies reinforces your brand identity and enhances the shopping experience.
You can enable automatic payments to regularly receive earnings directly to your chosen payment method, whether that's direct deposit, PayPal, or Payoneer.
Social platforms like Facebook and Instagram are extremely valuable for engaging your target audience, showcasing products, and driving traffic to your Wish store.