What is Qoo10? Qoo10 Review

What is Qoo10? Qoo10 Review
Qoo10 is the largest e-commerce platform in Singapore. It originated in South Korea and is famous for its cheap goods. The platform has a wide variety of goods, including various electronic accessories, clothing, food and even tickets. It can be said to be the Singapore version of Taobao. The company has operated 7 shopping website platforms in 5 countries including Japan and Singapore. Headquartered in Shanghai, China, China , website https://www.qoo10.sg/ Platform nature B2C

Basic Introduction

One of the main features of Qoo10 is that you can pay at the local convenience store 7-11, which is convenient for those who don't have a credit card. However, not all goods are in Singapore, so the waiting time and shipping method may vary. Currently, the platform is open to Chinese sellers in Singapore and South Korea.

Origin of the name

Qoo10 is the name given to the website by Chairman Gu Yongpei. Q stands for quest, which means exploration; the two 'O's represent eyes, and 10 stands for perfection. We hope that consumers can find all kinds of satisfactory products on our shopping website.

Entry conditions

1. Business license

2. UnionPay cards that accept SGD

3. Have experience in cross-border e-commerce industry (need to provide eBay, Amazon, AliExpress, wish and other store links for review)

Qoo10 Chinese sellers entry requirements

Each e-commerce platform has its own rules and regulations. To sell on Qoo10, sellers must abide by the following terms and conditions:

You must purchase 1000 Q-Cash;

You must be a Qoo10 member to register as a seller;

Identification documents such as passport and bank statements;

You must provide personal information such as NRIC, email address, bank account identification and account verification;

When registering a Qoo10 seller account, you must also provide business certificate information.

Hot-selling categories on the platform

The platform's advantageous categories are fashion, 3C, and beauty; these three categories are the best-selling products on the platform, but the platform will mainly recruit and promote other products in different time periods.


Qooo10 banned products

Alcoholic beverages;

Animal and wildlife products;

Art treasures, handicrafts, local specialties and tomb-related products;

Second-hand cosmetics;

Counterfeiting currency and government seals;

Credit and debit cards;

Medications such as anesthetics and steroids;

Electronic devices banned by the Infocomm Media Development Authority, such as radar scanners, cable TV descramblers and traffic signal control equipment;

· Guns, weapons and throwing knives;

Dangerous products;

Prescription drugs;

Slot machines.

Sales Requirements

You must purchase 1,000 Q-Cash;

You must be a Qoo10 member to register as a seller;

Identification documents such as passport and bank statements;

You must provide personal information such as NRIC, email address, bank account identity and account verification;

When registering a Qoo10 seller account, you must also provide business certificate information.

Logistics

Domestic delivery or Qoo10's Qexpress logistics

cost

The platform does not charge any investment fees for investment;

There is no charge for a single upload, and 1Q coin for 1 SKU for bulk upload;

The commission starts at 15%. As the store sales increase, the platform will rate the store, and high-quality stores will have their commissions reduced.

To join Qoo10, you need to top up 10,000 Q coins (100 Singapore dollars).

Penalty for selling counterfeit goods

Qoo10 respects intellectual property rights. If you sell counterfeit goods, unauthorized products, or products prohibited by local laws, and violate the platform rules:

Once: The platform will issue a warning letter and permanently delete the relevant products

Second: The platform will give a warning, remove the relevant products from the shelves, and prohibit uploading any new products for one month.

Three times: Permanent closure of the store

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