How do you stand to benefit by selling on the Jumia marketplace?
Below are four reasons to keep you motivated:
Free Vendor Training The Jumia University offers free vendor training.
Training sessions include the option of offline training. Here, you get to learn more about the Jumia Seller Center. Plus, you get to know how to list your products and have comprehensive knowledge regarding order packaging and shipping. The sessions offer advice and tips on how to boost your sales volume and create most appealing, professional content for your products. You also learn everything regarding account statement. All these for free!
Brand Trust Jumia company has years of experience and excellent service;
hence people trust it. Therefore, rather than buying from unknown online stores, most choose to buy their items on Jumia.
The company offers you the opportunity to use its trusted brand name as a label for your products. As a result, you get to share in its popularity. More Reach In Nigeria alone, over 4 million visitors flock the Jumia platform every month searching for items to buy. Plus, you need to remember that its presence is felt across many other African countries. So, it’s your big chance to advertise your products to millions of buyers every month.
No Maximum Upload Limit At Jumia,
you can list as many items as you want, since there’s no maximum limit. Plus, the platform takes care of maintenance fee, listing fee, and other unprecedented expenses.
Hassle-Free Jumia makes selling pretty simple.
The only things you need to do is complete the registration process, complete a dedicated training session (for new sellers), list your products, and you're all set.
What Are The Conditions Required To Sell on Jumia?
As a seller you need to:
● Be at least 18 years of age, or selling under the supervision of a legal guardian or parent
● Take responsibility for all activities regarding password and account.
● Ensure business transparency and maintain high-quality products and standards. Remember, Jumia does routine quality checks for verification.
● Maintain price parity for your products, both in Jumia and other platforms. For instance, you shouldn’t sell a product at a lower price on another platform than the price listed on Jumia.
● Grant Jumia access to your products, branding materials, and trademarks for promotional purposes.
● Invest in, or carry campaigns to promote your product.
● Complete the registration process and obtain a Tax Identification Number (TIN)
● Ensure no product is out of stock. Maintain zero percent Out Of Stock Rate
● Maintain a quality Return Rate of less than 2%
● Have a customer product rating of not less than 3 stars
● Maintain a Ready-to-Ship policy within 24 hours
● Ensure the product comes with a warranty where applicable Note: You can visit the Seller Center for a comprehensive list of seller’s Terms & Conditions
Jumia Seller Fees:
Jumia doesn’t charge sellers looking to build their business on the platform, not unless the seller gets to make a sale. Here, Jumia earns from sellers as per the Revenue Share agreement.
What are the commissions on Jumia ?
As a basic vendor, you will only pay the commissions on each item you sell. The commission depends on the category of your item and is a percentage of the selling price. However, our minimum commission level was revised to 100NGN For items sold in Health and beauty and Baby Products. All other categories aside the ones stated are 300 NGN per item sold. There is no minimum commission for Fashion and Groceries category. This means that if the commission to be charged on a delivered item is less than 100NGN or 300 NGN as previously mentioned, we will apply a flat rate of 100 NGN or 300 NGN. The commissions can be found below and also on the Seller Center
Copied from vendor FAQ
How To Create A Jumia Store From Scratch
As a new seller, you undergo a 3-step process before you can start selling.
You complete registration, undergo training, then list your products ready to start selling. Registration To sell on Jumia, you have to register as a vendor, a process that takes around 5 minutes.
(just search for "how to create jumia store 2019" on YouTube to watch step by step guide)
MY STRATEGIES FOR SCALING IT ON JUMIA
Section 1
* Never price too low and never price too high. Always make final profit around 30-60% depending the type of product.
The above product is "Teeth whitening" is about 300 naira. The package weight is 0.088kg
10pcs will cost: 3k
10pcs will weigh 0.88kg let assume 1kg
Shipping cost for 1k is about 2.5k
Total cost: 3k + 2.5k = 5.5k
Landing cost of each product is 5.5k/10 = 550naira
Expenses for each product:
*Jumia commission fee: 300naira
Note: jumia minimum commission fee is 300naira
*Promotion and other cost should be about 200naira
Total 500 naira for each product
Landing cost is 550naira and expenses for each product is 500 naira.
That's 1050naira for cost of each product without profit.
Our profit should be about 30-60%
Will Sell for around 1365naira - 1680naira
Below 👇 is the screenshot from my jumia account page of 'Teeth whitening charcoal"
The lowest price sells more than others
You can as well see the sponsored product
Jumia offer promotional packages for their seller to have their products ontop of the list for maximum exposure.
That's part of strategies to do as well..
I will talk more about It on WhatsApp Importers group..
@Donben @Stanexpress take note
Section 2
Promoting our product:
Social media marketing.
Promoting our jumia store Online.
As will normally do..
the difference now is that, we will be promoting our jumia store and direct prospects to our jumia product page.
Jumia will take care of the shipping.
Nothing like waybill again.
Will also talk more on this on whatsApp groups..
Section 3
Reviewing and giving perfect feedback.
All member will have to give five star 🌟 of any product we upload on jumia and also give perfect feedback..
If a single product have 20 of five star 🌟 and also have 20 of well written positive feedback about the product the the seller..
That alone will captive buyers to buy from us even if the product price is a little bit high.
Section 4
I will talk about how to manage the store and also who will be in charge as well.
How go about it easily..
On WhatsApp group.
Note its almost the same way with KONGA
I advise to start with JUMIA first to understand it very well before moving to KONGA
@surdicment
