A Guide to ASOS Marketplace Fees
There are so many online selling platforms these days, and all of them have different terms and conditions for sellers that it can be hard to keep up. When it comes to ASOS Marketplace, there are things you should know before you start selling. So, what ASOS Marketplace fees can you expect? We'll talk about this a bit and offer useful advice for resellers looking to get started with selling online on this platform.
What ASOS Marketplace Fees Can You Expect as a Reseller?
ASOS Marketplace is one of the selling platforms you must have heard about. It's home to more than 900 independent small businesses as well as vintage boutiques from over 50 countries. If you're thinking of opening up your own boutique on this eCommerce platform, it's crucial that you inform yourself of all the fees you can expect.
Great news - when you sign up, you'll see that the monthly subscription is free, and you can post an unlimited number of live listings. Additionally, there is no listing fee, which is a great feature not all platforms have. For example, eBay charges a listing fee to its sellers. However, the one thing you'll have to keep in mind is that ASOS Marketplace charges a 20% commission on all sales made through the platform.
There is a student discount for this fee - NUS Extra cardholders get a 10% discount on seller rates (when their card expires, they must renew their membership to continue benefiting from this discount). Additional benefits included in the ASOS Marketplace subscription are:
- Custom storefront,
- Custom blog,
- Dedicated account manager.
What Are Payment Options on ASOS Marketplace?
This platform keeps it pretty simple - all payments are conducted directly between the seller and the buyer and processed through payment providers Paypal or Stripe. In case you opt for PayPal, your buyers will have the option of using the Buyer Protection feature - of course, this feature is reserved for severe cases where the seller and the buyer cannot reach an amicable agreement. So, before you set up a boutique, you'll need to create a PayPal business account.
What Are Shipping Options on ASOS Marketplace?
As a seller, you will have the opportunity to choose between numerous shipping options, so you'll need to do a bit of research in order to find the service that will suit you best. Your buyers will be able to choose between the options you offer, but they will also have the option of contacting you to ask for an alternative shipping solution - which you can accept or deny, depending on circumstances. Shipping details should always be included in the listing so the buyer can have a clear idea of what their options are.
The Benefits of Using ASOS Marketplace as a Seller
If you're serious about growing your brand or vintage clothing business, this might be one of the best online selling platforms for you. As a part of ASOS, a well-known global network beloved by fashion enthusiasts of all ages (but mostly young 20-somethings!), ASOS Marketplace can help you reach a wide audience.
The platform is designed in such a way that supports the seller's success - from the above-mentioned access to an account manager to many other amazing features such as editorial coverage that's available for the best boutiques or the platform's social media channels that reach huge audiences.
Since you will be operating under the ASOS brand, the company that puts a lot of emphasis on customer service, you will also be encouraged to keep high standards when it comes to the contact with customers. ASOS Marketplace even has a Boutique Standards Guide that all boutiques need to follow to maintain their status as boutiques! This platform will truly push you to do your best! Plus, ASOS Marketplace has strict counterfeit policies, so there is always excellent trust with customers.
So, How to Get Started on ASOS Marketplace?
As we've mentioned, a PayPal account will be necessary for setting up a boutique - don't forget to make sure it's verified. Next up, you need to apply to become a boutique. To do this, you must either plan on selling vintage clothes or your own designs.
ASOS Marketplace is very selective about who they let on their platform, so once you submit the application, it will take up to three working days for them to get back to you and let you know if it's approved. When it gets approved, you can start creating the storefront for your boutique, and this is where things get fun! Check out the video below to learn more about starting a boutique on this marketplace platform.
ASOS Marketplace Is Great, But It's Not Enough - You Should Explore Crossposting With Our Crossposting Tool
Starting on one multi-vendor marketplace platform can be stressful enough, so we can imagine how overwhelmed you may feel if you had to start posting on multiple online selling platforms, from Vinted and eBay to Etsy. However, for a successful online business, crosslisting is a must - you should definitely give it a shot.
It may seem difficult at first - but with the help of a great multichannel listing software to sell on both eBay and Depop, like our Zipsale, you will catch on pretty quickly. Sign up today and enjoy the benefits - managing inventory across multiple platforms and keeping track of sales will be quite simple with Zipsale!
