What is Vova? Vova Review

What is Vova? Vova Review

Vova is a one-stop cross-border e-commerce platform for the world, with its registered place and office in Hong Kong. The platform is committed to providing consumers with more discounts and the best prices, with millions of high-quality and low-priced products, supporting 20 major languages ​​and 25 major currencies.



Overview


The operating model of Vova platform is similar to that of Wish and Joom, which are all full-category platforms, mainly focusing on fashion and household products. The main categories include: household and kitchen products, luggage, women's clothing, health and beauty, accessories, electronic products, maternal and child products, and shoes, and flash sales are provided for a limited time every day.


Platform traffic is mainly distributed in Europe and South America:



What types of businesses are Vova suitable for?


·The supply chain is deep and the price is competitive;


·The supply chain is extensive and the product development capability is strong;


· Rich experience in cross-border e-commerce, operating a single store with an average daily sales of more than 500 orders.


Qualifications


1. Manufacturers, trading companies, industry and trade integration companies, and cross-border sellers who have the ability to independently edit English product information;


2. Hold a business license that has completed the annual inspection and other relevant enterprise qualification certificates;


3. Stable and high-quality supply;


4. Familiar with the operation of cross-border e-commerce industry and have a high willingness to cooperate;


5. Able to accept the platform's operating rules and assessment standards;


6. The product has more than 10 SPUs.


Store opening process


1. Submit store opening information to the investment manager;


2. The investment manager reviews the information provided by the seller;


3. The investment manager assists in opening the seller account;


4. Assist sellers to go online and provide online training guidance.


cost


A commission of 14.5% is charged based on actual sales (product price + delivery fee), minus amounts for cancellations, refunds, etc. There is no commission if there is no sale.


Settlement currency, rate and cycle


RMB: settled at the current buying rate of Bank of China, minus a 0.9% handling fee;


· USD: The settlement amount can be settled when it is over USD 200. A fixed handling fee of USD 20 will be charged for each payment regardless of the amount.


Settlement cycle: 15 days, with settlements taking place on the 1st and 17th of each month (8 weeks for new merchants, which can be adjusted to 4 weeks depending on sales).

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