What is OnBuy? 82.3% of OnBuy's traffic comes from the UK. OnBuy is very popular in the Netherlands, which contributes 13.8% of its traffic. The OnBuy platform is an intermediary platform and does not have a self-operated model, so it does not pose a competition to platform sellers. OnBuy was launched in 2016 and covers multiple categories, including automobiles, clothing, health and beauty, technology, toys, etc. Year-to-date in 2017, total transaction volume on the platform has increased by 608%, and traffic continues to grow exponentially, increasing by 1,178% from October 2017 to 2018. There are currently over 8 million products on OnBuy, with new sellers constantly signing up. Products are added daily and the best deals are highlighted through the OnBuy.com Deals platform. Competitive prices are a key factor in OnBuy's rapid growth. By offering sellers the lowest commission rates, sellers can pass on the savings to buyers. The platform plans to expand to more than 50 countries in 2019. OnBuy entry fees: OnBuy monthly rent: Standard sellers monthly rent is 19 pounds, Partner sellers monthly rent is 89 pounds/month; OnBuy commission rate: 5%-9%. This is the end of the introduction to OnBuy in this issue. If you want to get more information about OnBuy, please continue to pay attention~ |
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