Walmart WFS and Holiday Shipping Fees Guidance: What Sellers Must Know
Reading Time: 3 minutesWalmart’s seasonal practices and incentives around holiday shipping have evolved, impacting seller…
We do understand that managing an e-commerce business isn’t a piece of cake. Maintaining quality in both product and service as a seller is essential to maintain a loyal customer base. Now focussing on shipments becomes a bit of extra load on the bol marketplace sellers. To relieve the sellers of this additional load, “Fulfillment by bol” (or FBB) comes to the rescue, making selling on bol.com easier. The “FBB”, “bol LVB” or “logistiek via bol.com” is bol.com’s order fulfilment service. We will move further assessing the advantages of “LVB” and how third-party integration service providers can help you in this.
Apart from delivering your orders to the customers, FBB is also increasing your conversions to about 30%*. The bol marketplace itself is ready to help you achieve comparatively more turnover. Logistics via bol.com claims to offer the fastest and most extensive delivery options. The bol marketplace offers its FBB service at competitive pricing.
It is available in four categories- XS(Upto 2kg), S(Upto 5kg), M(Upto 10kg), L(Upto 10kg with larger box size). Please note that you can send the XS packages only within the Netherlands. In case you want to send an XS product to Belgium, bol.com will charge you for the S size.
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At just € 0.18 per article, bol.com provides you with a Logistics via bol.com label. The bSKU label or the bol SKU label is important for product identification. These labels help in distinguishing your packages from other partners.
Sellers get the most cost-effective rates because Logistics via bol.com ensures that the buyers get multiple items on a single order. This feature results in a comparatively much lower cost of delivery.
The bol marketplace allows you to retrieve your stocks that have been returned and are unsaleable now. If you don’t want to retrieve it, you can simply get it destroyed at the FBB centre. Retrieval/Destroyal per item is chargeable with € 0.40 per article (excluding VAT).
The bol marketplace transfers the sellers’ payments monthly. The bol.com marketplace pays you the monthly revenue after deducting the costs and commissions meant for the Logistics via bol.com. The commissions on bol.com can range from 4.20% on electronics to 20.7% on accessories. On the first day of month, an invoice of all the orders and returns can be seen on your sales account. You will receive payment on the next day.
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Soon after the arrival of your shipment at the Waalwijk distribution centres, it is registered “Delivered”. From now, you can have a full tap on the status of your products under the “My LvB Stock” section in your bol.com sales account. The steps involved in storage are as follows.-
The stock ceiling is the maximum capacity of stock storage for one seller at the distribution centres of the bol marketplace. This feature helps to make optimum use of the space provided to each seller at the distribution centre of the bol marketplace.
The stock ceiling depends on the following-
The “My LvB Stock” section helps you to filter your stocks by sufficiency. The items nearing finish show in red colour in the “My LvB Stock”. Green colour depicts sufficient items.
The inventory analysis dashboard is in the sales account. This dashboard gives you an insight into the saleability of your stocks “Stock Health”. This is based on your sales history of the past 12 weeks.
The feature helps you to analyze what products are performing well among buyers and what are not. This feature also gives a better idea of how to make optimum use of your Stock ceiling.
The LvB Stock Health falls into six categories-
All the inquiries regarding the orders and returns are taken care of by the customer service of bol.com. Sellers, therefore, face very few queries from buyers. Though, the customers can still contact you via email and phone number. These queries directly land in your sales account.
Apart from the above-described perks, some added benefits that sellers can avail from the LvB service are as follows-
Under this tab, all the items that should be reduced from the stock are shown. Insights help you to take the right action on your articles. This section gives you the sales forecast for next 28days.
Consider offering competitive prices. This factor majorly affects your possibility of getting the buy box. If other sellers are selling similar products and having the buy box, while you don’t have it, it could result in the sales diversion to the other sellers.
This tab helps you to check if any of your items are in stock but are not available online to your buyers. You need to check your sales account for what you can do to get your items back online for buyers.
This tab advises you to replenish the stock to meet the sales requirements of the next four weeks.
The bol marketplace has attractive services for its partners in terms of Fulfillment by bol (FBB). But the service is available only to products meeting some standards set by the bol marketplace.
CedCommerce, a third-party integration services solution provider will help you with all the above-discussed services of the bol marketplace. Our 24*7 assistance is an added advantage. We are up with all the help and support for our clients via messengers(Skype and Whatsapp). You can sell on the bol marketplace through various platforms like Prestashop, WooCommerce, Magento and Magento 2.
We can help you to begin your business as an e-commerce retailer on bol.com and other markets. We are also providing our clients with multi-channel selling and many more exciting features right from onboarding to sale.
You might like- Complete guide to sell on bol.com
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Hello. Is it possible to sell on Bol.com with a company at Luxembourg?
Hello Will,
Your possibilities of selling on Bol.com depends on having Bol.com seller account.
For further queries please connect with our marketplace expert
Have a nice day!
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