Platform Introduction
One of the largest home furnishing e-commerce platforms in North America and Europe is rapidly developing and attracting investment. Wayfair is a European and American e-commerce company, mainly selling furniture and household products. The company was founded in 2002, and now the platform has gathered 22 million products from more than 16000 global suppliers, with 33 million active customers. Wayfair's market covers the United States, Canada, the United Kingdom, Germany, Ireland and Austria, and continues to explore new markets in Europe.
Entry requirements
1. Products conforming to the Wayfair platform have good quality and strong sense of design; 2. There is a warehouse in Europe and the United States and there is a stock (self owned or third-party warehouse), which can cooperate in the Drop Ship mode; 3. Provide product liability insurance; 4. If you apply to Europe, you should have a local VAT number (VAT) in Europe;
Platform cost
4% - 5% cargo damage expense/bill; (Wayfair will charge 4% - 5% of the goods damage fee on the basis of the wholesale price of each order, such as the return of goods for compensation) Note: The seller provides the wholesale price of the product, and the Wayfair platform determines the retail price of the product.
Logistics requirements
1. Logistics mode: Fedex, UPS; 2. Logistics effectiveness: 5-7 days; 3. Logistics cost: 0 (the platform bears the freight, including return costs).
Platform advantages
1. North America ranks the first professional home e-commerce sales platform, and Europe is also developing rapidly. 2. Wayfair has multiple sites in the United States, Canada, Britain, Germany, etc., and one platform can switch freely. 3. Wayfair is responsible for the final logistics, after-sales customer service, and return and exchange of goods.
![[Hugo News] TikTok is negotiating with the Bank of Indonesia to obtain a payment license. Shopify, Amazon, Wish and Wayfair release Q2 financial reports](https://img.cifnews.com/dev/20230804/b607df4bb69e40fd8ca722b726213685.png?x-oss-process=image/resize,h_300,w_870,limit_0,m_fill)
![[Hugo News] TikTok is negotiating with the Bank of Indonesia to obtain a payment license. Shopify, Amazon, Wish and Wayfair release Q2 financial reports](https://img.cifnews.com/dev/20230804/b607df4bb69e40fd8ca722b726213685.png?x-oss-process=image/resize,h_150,w_260,limit_0,m_fixed)
![[Wayfair] A large number of listings were taken off the shelves last night, and some sellers were wiped out](https://img.cifnews.com/dev/20211015/eaa5be3b402141a8ac6c938fa566b7d5.png?x-oss-process=image/resize,h_150,w_260,limit_0,m_fixed)
