What is Vova? Vova Review

1. Platform Advantages

1. Extremely simple merchant operation. Different from other platforms with high threshold operation methods and experience, VOVA strengthens platform operation, weakens the operation capabilities required by merchants, and reduces merchant operation costs;

2. Big data drives customized production in industrial belts and factories, exports platform scale benefits and big data to factories, and reversely customizes and optimizes the supply chain;

3. Rich marketing experience, social marketing, influencer marketing, fan marketing, etc. drive high repurchase, high conversion and low traffic cost.

2. What types of merchants are Vova suitable for?

1. The supply chain is deep and the price competitiveness is strong;

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

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

3. Categories operated by the Vova platform include:

VOVA's platform operation model is similar to Wish and Joom, both of which are full-category, mainly focusing on fashion and home. The main categories include: household and kitchen supplies, 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.

IV. Cost

A commission of 15% of the actual sales (product price + delivery fee) is charged, minus the amount of cancellations, refunds, etc. There is no commission if there is no sale.

5. Settlement Currency

Supports direct settlement in RMB or USD accounts, and deducts a 0.9% handling fee. USD: Settlement is allowed for amounts over USD 200, and a fixed handling fee of USD 20 is charged for each payment regardless of the amount.

The settlement cycle is 15 days, with settlements made on the 1st and 17th of each month (8 weeks for new merchants, which can be adjusted to 4 weeks based on sales conditions)

6. Qualification requirements

1. Manufacturers, trading companies, industry and trade integration, 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 corporate 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. Product SPU more than 10

7. Vova Entry Requirements

1. A high-definition photo of the legal person holding both his ID card and business license;

2. Support the application of legal, authentic and valid business license of self-employed individuals or company business licenses, but not individual settlement;

3. One business license only corresponds to one store, one legal person only corresponds to one store, and one business license cannot open multiple stores;

4. Please be sure to fill in your real and commonly used email address and mobile phone number when registering;

5. Vertical category operation is recommended.

8. 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

IX. Vova Support Policy

1. Low cost: free service fee, free promotion fee, free annual fee;

2. Growth plan for high-quality merchants: After entering the platform, merchants whose growth meets the requirements of the platform's KA sellers will receive resources such as big promotions, special events, and activities;

3. Promotion and marketing: The platform is responsible for all promotion and marketing, and product publicity, and merchants do not need to bear any expenses;

4. Factory-type sellers will get additional promotion opportunities (note factory seller when filling in the registration information);

5. There is no category restriction, you can freely choose the store business category.