Walmart Embraces Amazon MCF: A New Era of Cross-Platform Fulfillment for eCommerce
Walmart Embraces Amazon MCF: A New Era of Cross-Platform Fulfillment for eCommerce
Are you a seller seeking to hike your business in the Netherlands and Belgium? Bol.com can help you with this. What kind of a marketplace is bol.com? Bol.com enables shoppers to buy things from the comfort of their homes for the past 20years. According to Similarweb, bol.com is an e-commerce marketplace based in the Netherlands which also holds big shares in Belgium’s e-commerce market. In this blog, we have brought all the details of bol.com FAQs.
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The E-commerce market in The Netherlands was worth € 25.8bn last year. Bol.com works in Belgium as well. Belgium’s e-commerce market in the same year skyrocketed to € 11.46bn. So it provides a huge scope for the people involved in the Dutch and Belgian e-commerce markets. Bol.com is the Netherlands’ largest marketplace and Belgium’s third-largest online retailer.
You need to first decide what products you need to sell on bol.com. Books, e-books, and kitchen utensils are some top sellers on bol.com. Remember making huge profits, in the beginning, is not possible, profits happen with time.
Deciding a suitable product to sell is based on several factors. But two are most important to consider. The product should be high on demand and the product should have hassle-free handling and should give you better margins.
You can also do little research before you begin. How? First, make a list of a few products that you can sell with ease. Now put a countable amount of product in your basket, say 400 from other sellers on bol.com. Now next day try to place an order, if the product count is less than 400, they will give you an error message and tell you that they have only “X” number of items remaining, so now you know the numbers, this way you can tally it for a few days and shortlist the item based on demand.
As a seller, you need to consider selling the products you know about. You should know how to handle the problems related to your product. This way you can provide better customer support.
Prefer products with fewer competitors and higher demand so that buyers have lesser options to choose from.
Aim for bigger margins. The products should be easy to handle and have a fair strength to bear jerks and shocks during handling. The customer not being satisfied due to either your fault or the fault of handlers is ultimately bringing a bad impression to you.
Try not to choose seasonal products, because that will result in a fluctuating sales graph and everyone wants stability in business. In case it is necessary to sell a seasonal product, keep in mind the timing of getting the product upon the marketplace. That matters a lot.
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Bol marketplace also provides its helpline numbers for both Belgian (02-7885990) and Dutch (030-3104996) sellers. Sellers can also mail at (business sales@bol.com)
You can sell on Bol.com if your product fits into the provided product categories of the marketplace. The products to be sold should also have an ISBN or EAN number.
Create a tab-delimited file of a maximum of 10 MB capacity for the product feed. Files need to be submitted in CSV format through the bol.com FTPS. Not more than four CSV files can be submitted in a day.
The articles you plan to sell need to be present in the marketplace’s catalog, in case it is absent from there, you will have to add it. This happens through the FTPS. You do need an IT professional to customize files for the bol.com product feed.
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The following details are compulsorily required in the Product Specification of Bol.com-
The repricer tool helps you to automatically adjust your price based on the prices of your competitors. Bol.com repricer changes your prices automatically according to predetermined parameters. You can now pay attention to more important things because the repricer tool will help you keep the costs at check.
The bol repricer tool is designed to scan the costs of the competing products across the marketplace and adjust the product prices according to your requirements. For example, if other competitors cut their costs, the repricer tool will also do it for you according to your predetermined parameters. And later, if the competitors increase the cost, the repricer tool will also do it for you and give the best price to your customers.
Bol.com just like other marketplaces gives buy box to those sellers who sell at pocket-friendly prices, delivered on time, sell good products, have lesser cancellations, and have an extensive stock. Bol.com repricer tool positively impacts your buy box as it keeps your product up with a competitive pricing strategy. It becomes easier to get the buy box with the repricer tool.
Bol.com repricer tool helps you to increase sales, adjust prices, and also save time by doing the selling price according to the market trends like demand and the prices offered by competitors.
This is much similar to other marketplaces. Product descriptions, titles, etc are optimized to make them SEO friendly. Product feed should be up to date and high-quality images should be uploaded.
A product title with strong keywords increases product findability in a marketplace. A good product title should contain the following-
You should not write all the synonyms of the product name in an attempt to increase its findability. Search algorithms of marketplaces are already designed in such a way that all the synonyms are included in the algorithm itself.
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Nowadays most of the purchase is made on mobile phones and the display of mobile phones commonly shows only the first 35 characters of your product’s title. You need to optimize your content to suit that format.
Considerations for product title-
The first and foremost requirement in product images is to have a light background(preferably white) and atmospheric images so that the customer can understand what the product would look like when used. Images of minimum 1200*1200 pixels and a maximum of 6000*6000 pixels are acceptable on bol.com. No logo/watermark is allowed the image should not be downloaded stock photo.
Like other marketplaces, Bol.com also closely monitors the seller performance and expects you to have a lower number of cancellations and delivery time.
Selling on bol.com needs technical know-how, and for that, you need a group of developers to work for you. Remember that bol.com is not a plug-and-play marketplace. Knowledge of software development and programming is necessary for working with the bol.com marketplace and this is difficult for a merchant.
As described earlier, being registered as a seller is important to sell on the bol.com marketplace. You can not sell with a regular buyer account.
Several other technicalities like tab-delimited files, txt format files, files of maximum 10MB capacity and so on, make it tough for a regular merchant to get through without technical help. FTPS connection is provided by the bol.com marketplace. It helps to add new products.
The product you want to sell on bol.com must have an EAN/ISBN without which it is impossible to sell on bol.com. EAN stands for European Article Numbering code.
This section works on two things; namely the addition of products and Managing the Product Information. To modify or add products and product information, the seller needs to buy the FTPS connection of bol.com
Automated data feeds manage product information. Bol.com processes product feeds every 30 minutes.
You can insert several offers in your account. Sellers can also Set the stock, price, and delivery time in this section. You also need to first get your offer verified by bol.com, here you also need to understand that you are liable to pay commission to bol.com for each sale.
Regularly track the undelivered orders. As a seller, you need to keep a track of the following-
Keep a regular track of your returns and their handling. As soon as a customer files a return request on his bol.com account, you get the information and the customer gets a return label.
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Keep the marketplace updated with the stock of products so that the customer doesn’t have to face any problem while shopping on the platform.
Keep adjusting your price according to your sales and pay utmost importance to the delivery timing promise made to the customer. This will retain your buy box position.
Bol.com cuts its share of commission on each sale. Bol.com deducts the amount from the selling price of the product. The category of products affects the percentage of commission. Electronics like television, garden mowers, desktop, etc are sold on a minimum commission of 4.20% while accessories are sold on the highest 20.70% commission.
Though the reduction in commission is applicable if you are ready to sell your products at a competitive price.
Bol.com marketplace encourages the sellers who are ready to give attractive offers to the buyers. To enhance a trend of competitive pricing, bol.com offers a reduced commission rate on the products with competitively low prices.
If you set the price of your product lower or equal to the indicated price of a category, you can get a reduced commission cut. In this case, bol.com notifies you for the same in your ‘to-do’s’ list of sales accounts. By clicking on the notification you get the list of your products that are eligible for reduced commissions.
Bol.com offers a bSKU label, ie, Logistics via bol.com label. With this label, Bol.com recognizes what item is sent from which merchant.
The stock ceiling is the maximum number of pieces that can be stored at the bol.com distribution center at a given time. This policy helps bol.com marketplace to make optimal use of their distribution center storage space. It depends on factors like your expected or historical sales or growth adjustments. It also depends on the storage space available in the distribution centers.
Bol.com does the packaging and shipping for the ‘Logistics via bol.com’. Logistics via bol.com adds packaging box size dimensions, protection(if required), fillings, etc., depending on the category of product.
Packed or unpacked shipping comes into consideration counting on factors like the value of the item, risk of theft, or damage. The distribution center checks this regularly.
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For example, you can send a box of baby diapers in unpacked form as it has a low risk of damage or theft, but, you can’t send a set of crockeries that way because of the high chances of damage.
Bol.com just like all other marketplaces lets you promote your products over others. This is a way to gain the spotlight on the marketplace. The bidding system lets you provide how much amount you are ready to spend on an advertisement. You pay only if someone visits your product page.
Product sponsoring on bol.com provides you with several benefits-
Some fashion accessories, bags, sunglasses, and fragrances fall into this category. The seller has to sign a statement that the product he is offering is permitted to be sold in the European Union.
This is a preventive measure to protect both, the marketplace and the seller from any future complications. Thereby it guarantees the quality of products offered on bol.com as a platform. This takes a maximum of five working days.
CedCommerce-Bol Integration provides an ability to synchronize the orders, products, pricing, and inventory through establishing the interaction between the Bol marketplace and the e-commerce platforms such as Prestashop, Magento, Magento 2, WooCommerce, etc. CedCommerce integration also offers advantages while managing both the store from a single e-Commerce platform easily.
Integration also offers management of inventory, with greater flexibility, providing you with several ways to manage it at discrete levels with Bol.com.
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CedCommerce offers the following features-
To boost your sales and sell your product on one of the biggest marketplaces, Cedcommerce offers free support from API activation to the selling of products on Bol store.
CedCommerce deals in highly specialized E-Commerce products for smoothening the merchandising process. This way, you enjoy much more than you pay for the product that includes end-to-end FREE Support from API activation to any other technical assistance that you need as we are highly concerned about your success.
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