We shared with you the things you want to know about Qoo10 before registering as a seller previously. In this post, we are going to share with you how you can start listing and selling items on Qoo10.
“Snap and List” makes it easier for small business to sell items from home. These apps make listing into a foolproof work. As compared to all these apps, Qoo10 is on the extreme end. It requires much more inputs and this has made it really difficult to get on-hand.
How To Start Listing and Selling Items on Qoo10?
You will have access to Qoo10 Seller Management Portal (QSM) after your account has been verified. This is a portal for sellers to maintain their product listings, inventory, customer orders and inquiries.
As usual, this is difficult to use and we have not yet explore the entire system fully.
Before you can start selling items on Qoo10, you have to list them in your shop. So what we definitely know is, you can go straight to “New Item Listing” so that you can start listing your items on sales.
Choosing an Item Category
An item category determines where your item will be listed in Qoo10. There is at least 1 sub-category for every main category. It is mandatory to list your items at the sub-category level, hence, you cannot feel lazy and stop just at the main category.
These categories made it easier for buyers to search for relevant items. Qoo10 has an awesome search function. If you give the right keywords, chances are you will still find what you need to find without the need to select a category.
If you list your products in popular categories, you will need to spend more in advertise your items.
Is There Any Implications To The Chosen Category?
Most of the marketing tools in Qoo10 requires sellers to bid for advertising spaces (e.g. category’s today sales). If you list your items in the popular categories, you’re basically competing the space with more sellers. You have to use more cash to make a winning bid for that advertising space!
Remember… Demand > Supply.
Of course, we are not saying that you should put your items in unpopular categories. Your items have to be relevant, but a slight deviation should not make a big difference!
Deciding the Item Price
There are two main concerns in deciding the price for your item in Qoo10.
Firstly, remember that your service fees will not be lower if you are going to list a discounted item to attract buyers.
You know those bundle items when you buy things from Qoo10? You select one option and another option will pop out. For this to work well, you will have to plan your item price very well.
Why? Because you can only list the option price range between -50% and 100%.
Assuming you have a pencil selling at $1.00 and you’re looking at releasing bundle special (e.g. with an eraser or something), you can can only price the special bundle ranging between $0.50 and $2.00. Well this is not very useful. Imagine you are looking to release a bulk purchase discount as an option, you will not be able to list things like 5 pencils for $4.00 (+$3.00).
Hence, when you’re deciding your product price, you will have to be very careful in choosing the initial listing price.
“Discounts” for Your Items
This part really deserve a blog post of its own but we decided to cut down our complains and only speak about “Discounts”. QPoints or QCash? Meh.
“Discounts” is supposed to be used such that your item attracts buyers. You know, we all have budgets and love all sorts of discounts. If your listing price is $1.00, you can offer a 50% discount for 2 weeks. Or you can offer a 50% discount forever like how the closing down sales work. But you have to bear in mind that your settled fee will be different from what the system has reflected.
So here is a tip. Your item selling at $1.00 will look as good as another seller’s item selling at a discounted price $1.00 (original priced at $2.00).
You will thank us for this.
Perhaps that’s all the concerns that we can think of at the moment.
Listing and selling items on Qoo10 may look simple from the way we portray it. If you are a newbie to the system, it is really a pain in the ass to configure all your items quickly for quick sales.
Things will start better once you get used to the platform.
If you are ready, let’s see how we can get you to get more sales on Qoo10 in the next post.