status quo

Bonanza currently has more than 50,000 sellers, users from 199 countries, and more than 23 million products.

Bonanza payment methods

Bonanza platform accepts PayPal, credit cards, and Alipay settlement, but does not accept checks and money orders.

Bonanza store opening costs

1. It is free for users to publish products on Bonanza: creating an account/listing is free, transaction fees are low, and there are no advertising fees until the seller sells the product.

2. Pay commissions based on transactions. You can choose the commission ratio: 3%, 16%, 19%, 30%; the higher the commission ratio, the greater the traffic, and of course the higher the chance of a transaction.

3. You can open a membership or purchase a traffic package to get more traffic as needed.

Bonanza Platform Features

1. It is very easy to open a store. There are almost no restrictions. All you need is a dual-currency credit card that can pay in US dollars.

2. No platform fees, no listing fees. General e-commerce platforms either require monthly rental fees, operating fees, or various handling fees. The Bonanza platform does not require anything, but only charges a commission of about 3.5% after the transaction.

3. Powerful synchronization function: Sellers do not need to spend too much energy on Bonanza. It can synchronize the products purchased by sellers on eBay, Amazon and other websites with one click or automatically. As a seller, you don’t need to spend too much energy. In particular, the synchronization with eBay is more reliable. You only need to connect with eBay in the background, and all the products released at different times in the eBay store will be automatically synchronized to Bonanza without any operation.

4. Listings never expire. On many platforms, your listings have a time limit. If there is no sales within a period of time, the listing will be removed. But Bonanza always exists.

5. Use PayPal for payment. As a payment channel that supports 26 countries and regions, PayPal has retained tens of thousands of customers for sellers on the Bonaza platform.

6. Bonaza platform provides sellers with free sales consulting and other services

7. After the seller lists the product on the Bonaza platform, the website will automatically publish your product to websites such as Google Shopping.

Bonanza Platform Advantages

1. The Bonanza platform has its own advertising platform and customer marketing tools. On this platform, the main challenge for sellers is how to sell and how to improve their conversion rates.

2. The operation mode of the Bonanza platform is somewhat different from that of the current mainstream cross-border e-commerce platforms in China. There are no big sellers yet, so the competitive pressure for small and medium-sized sellers is not that great.

Bonanza Registration Guide

1. Click the Bonanza platform registration link <https://www.bonanza.com/users/new> to jump to the information filling page.

2. Fill in your username, email address, password (password should be no less than 6 characters), zip code, etc., then select your country and region, select how you know Bonanza, and finally check to accept Bonanza news. If you do not want to accept it, you can uncheck it.

3. Click the green registration button at the bottom, you will receive a confirmation email, click the green confirmation to confirm success.

4. After successful registration, you can publish your products and start your road to big sales. Isn’t it simple!

honor

In August 2014, Bonanza's Background Burner page was ranked among the top 50 web pages by Time magazine.

In 2015, Bonanza was named Small Business of the Year and a Best Place to Work in Belize.

In 2016, a survey of over 12,000 sellers by EcommerceBytes named Bonanza the “most recommended” e-commerce platform (beating out Amazon, Etsy, and all other competitors).

In 2016, Bonanza was named one of "America's Best Enterprise Companies" by Entrepreneur magazine.

References

• 1. bonanza official website: bonanza [reference date 2018-03-29T16:00:00.000Z]
• 2. Bonanza platform entry tutorial: Foreign Trade Daily [reference date 2019-03-22T16:00:00.000Z]