FAQ
- Lorraine Esterhuyse (Unlicensed)
Products will be placed into The BANK on a regular schedule. Proper notice will be given so you do not miss your allocated BANK slot, which will vary to cater for different time zones.
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The ‘low price’ is our suggested price when coming into the market.
The ‘high price’ is for the following:
Once the offering gains traction, it is recommended to test price elasticity. It is also important to note that a lower sales price does not always correlate with sales velocity.
Similar offerings in the market may have a higher sales price than the ‘market average’.
With raw material and global transportation costs on the rise, we can expect an increase in retail prices across the board.
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We wanted to make the selection process as easy as possible and minimize complexity. We would recommend analyzing the ROI in conjunction with total order value, CBM per unit and MOQ when making a selection. You can of course calculate POR yourselves if you wish to and we would strongly encourage it - the calculation would be as follows: Profit / Sales Price = POR.
Bulk orders to Canada and Australia can be arranged on reorders only. You can and should engage the EFN from your UK stock, and should you be registered for VAT in an EU country, sending stock to that country for EU sales would be highly advisable as soon as humanly possible.
You can use any solution coupons you already have in your EcoSystem from previous offers, including listing creations, photography coupons and PPC Blasts. However, you won’t be able to use CBM credits to remove the cost of shipping as it is included in the Trade Price you agree on when selecting a product from The BANK.
If you have been offered free shipping in previous programs/offers, you can use it for your own SRNs only.
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