What is eMAG? eMAG Review

What is eMAG? eMAG Review
eMAG is the largest online retailer in Romania. It started out by selling electronics and IT products, but later expanded to selling clothing, cosmetics, gardening products, books, etc. Founded in 2001 Website : https://www.emag.ro/ Nature: Romanian retailer

Basic Introduction

eMAG is the largest e-commerce platform in Romania, with its main markets being Romania, Bulgaria, Hungary and Poland. It has more than 35,000 products, 18,000+ active sellers, 500,000 unique visitors per day, 125,000 square meters of warehouses in Europe, and an annual growth rate of 47%, making it the fastest growing e-commerce market in Europe.

eMAG Main Products

The products sold online by eMAG mainly include electronic products, books, automotive products, sporting goods, music, toys, cosmetics, etc., accounting for 29.1% of its e-commerce share.

Hot-selling categories: 3C, home appliances, DIY, auto parts, sporting goods, etc.

eMAG Platform Advantages

1. eMAG has its own overseas warehouse in Romania, which is open to Chinese sellers. eMAG adopts the model of activating inventory after the goods arrive at the warehouse, and the terminal logistics will be delivered by eMAG itself, which greatly optimizes the delivery time performance of the platform stores.

2. eMAG has professional Chinese account managers. Not only does it relieve sellers of the worry of communication difficulties, but it also provides free translation services for Chinese sellers. It translates product descriptions into Romanian and helps upload them. It is really considerate.

3. eMAG not only has a PC web version, but also has a mobile phone version. The diverse traffic entry points also ensure the visibility and stability of the platform traffic.

eMAG Settlement Method

Platform Fees:

1. You can join eMAG for free through Tri-State

2. The platform commission is 7%-20%, and the commission for electronic products is the lowest.

3. FBE storage fees will be charged, but no terminal delivery fees will be charged

Platform payment:

The platform will pay back sellers twice a month through PINGPONG.

eMAG Entry Requirements

1. Have European VAT.

2. Have a PINGPONG account or a European bank account.

3. Have sales experience on other overseas e-commerce platforms.

4. You must register as an enterprise and provide the business license.

eMAG Development History

In 2011, eMAG started organizing Black Friday promotions and was the first retailer in Romania to do so.

In 2014, eMAG's sales were approximately 260 million euros, the company has more than 1,000 employees, and its sales platform has expanded to Central Europe, officially entering markets such as Bulgaria, Hungary and Poland.

In November 2016, eMAG held a Black Friday promotion.

In 2017, Romania's largest online retailer eMAG acquired 80% of the shares of the express company Sameday. The express company will continue to develop with its existing brand and currently operates a 2-hour express delivery service between cities.

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