How much does it cost to sell on Jumia? The registration on Jumia is free for all the vendors.
Similarly, what percentage does Jumia take? In line with the Federal Government’s directive on the Finance Act 2019, the Value Added Tax (VAT) applicable on goods and services offered by Jumia would be increased from 5% to 7.5% effective on the 1st of February 2020.
Furthermore, how can I join Jumia? Just visit the website https://www.jumia.com.ng/marketplace-vendor/ and fill the form. Once the registration details has been filled. You are required to watch the short training videos and take the quiz. An email will be sent with a link to create password.
Subsequently, how can I sell my product on Jumia Kenya?
- Email address and phone number.
- Details of your company (Address,legal name ,etc)
- Bank account details.
- Selling genuine and new legal products.
Also the question is, is selling on Jumia profitable? Despite the business model shakeup, Jumia is still not profitable, and it is also not growing as fast as it once was. Jumia‘s customer base grew to 6.9 million, 500k customers (6.9%) higher than 6.4 million in Q1 2020.
How can I post my product on Jumia?
You have to search for the product on the website. By the extreme right select “Have one to sell, sell yours here” . If your product(s) don’t/doesn’t exist in the Jumia catalog: You can create new offers one by one or massively with file upload via our Seller Center platform.
How long does Jumia take to pay sellers?
Vendors would recieve payments for items delivered, 8 days after their payment cycle ends. All vendors are allocated a business day for payments, either Tuesday or Wednesday.
Does Jumia charge for delivery?
For orders with 3 or more items, the shipping fee for each item may be incremented by 5-10 KSH to facilitate payment (e.g. 170 KSH instead of 163.33 KSH). Jumia promises to provide you with the best-in-class shopping experience at every step of the way.
How can I become a Jumia agent in Kenya?
To become an independent sales consultant with Jumia Nigeria, you need to register,once accepted you will be working as a sales consultant for Jumia without fully commiting yourself to them, then start selling Jumia products and make money doing so. You can make up to Kshs. 40,000.
What sells most on Jumia Kenya?
In November and December, Jumia Kenya says, the most selling items were mobile phones followed by computer hardware, television, home appliances and fashion items.
Are there fake products on Jumia?
Jumia takes product authenticity very seriously. It is each seller’s responsibility to source and sell only authentic products. The sale of fake or counterfeit products is a breach customer trust.
What products are in high demand in Nigeria?
- Electronic Goods.
- Fashion Items.
- Cosmetic Product.
- Health and Wellness Products.
- Hair Wig and Extensions.
- Baby Accessories.
- Food and Groceries.
- Phones and Accessories.
What’s wrong with Jumia?
Citron Research openly accused Jumia of fraud and described its equity as “worthless.” From a peak price of $49,99, Jumia stocks fell off a cliff and the bottom dropped out as the share price fell below its IPO price of $14.50. Some disgruntled investors began filing class action lawsuits.
How do I sell online?
- 1) Calculate the costs involved in selling online.
- 2) Find out if its viable to sell online.
- 3) Create digital catalogue of your products.
- 4) Setup End to End Process.
- 5) Use A Good Inventory Management Software.
- 6) Be discoverable online.
- Sell online using eCommerce Marketplaces:
Where can I sell things online in Nigeria?
- Jumia. Almost everyone knows Jumia.
- Konga. Konga is a Nigerian online marketplace founded by Sim Shagaya.
- Jiji. Jiji is an online marketing site in Nigeria where you can sell freely.
- OList. OList is a free shopping site where you can sell your products online.
- Scrader.