How to Sell on Asos Marketplace

By Thomas Bennett Financial expert at Priceva
Published on August 15, 2024
Selling on Asos Marketplace offers a significant opportunity for e-commerce brands, retailers, and entrepreneurs to reach a large audience and boost profitability. This guide will walk you through the essential steps to become a successful Asos seller, from applying to list your products to promoting your items and shipping orders efficiently. By following these steps, you can effectively navigate the Asos Marketplace and optimize your sales strategy.

Introduction to ASOS Marketplace

ASOS Marketplace is a popular platform for reselling new, pre-loved vintage, and self-designed fashion items. Launched in 2010, it has become a go-to destination for fashion enthusiasts and independent brands looking to reach a global audience. The platform allows sellers to create their own boutiques, offering a wide range of products including clothing, accessories, and footwear. ASOS Marketplace's commitment to showcasing unique and high-quality fashion has made it a leader in the fashion resale market, further solidified by its acquisition of major brands and its continued growth and success.

Why Sell on ASOS Marketplace?

Selling on ASOS Marketplace comes with numerous benefits. One of the main advantages is access to a global audience. With millions of active users, ASOS provides a vast customer base for sellers to tap into. Additionally, ASOS Marketplace is known for its cruelty-free principles and strict counterfeit policies, which helps build trust with customers. Sellers also benefit from account manager support, ensuring they receive the guidance and assistance needed to succeed on the platform. This alignment with humane values and the provision of professional support makes ASOS Marketplace an attractive option for many sellers.

Steps to Selling on ASOS Marketplace

Apply for a Boutique

The first step to selling on ASOS Marketplace is to apply for a boutique. This process involves filling out an application form where you provide details about your business and the types of products you plan to sell. ASOS Marketplace has specific requirements for sellers, including a commitment to offering high-quality, unique, or vintage items. Once your application is submitted, it undergoes a verification process, and if approved, you can start setting up your boutique.

Customize Your Boutique

Customizing your boutique is crucial for standing out on ASOS Marketplace. This includes creating an appealing storefront image, writing a compelling brand bio, and designing a unique logo. It's important to use SEO keywords in your brand bio and product descriptions to improve visibility in search engines. A well-designed boutique not only attracts customers but also builds your brand's credibility and reputation.

Check out the guide from the marketplace by photos.

Create Your Listings

Creating effective product listings is key to attracting potential customers. Ensure each listing includes high-quality photos taken in natural light, concise and keyword-rich descriptions, and accurate pricing. ASOS Marketplace provides guidelines for listing images, such as ensuring products are clearly visible and well-presented. Detailed and accurate product descriptions help customers make informed purchasing decisions, increasing the likelihood of sales.

Set Up Your Payment Method

To manage transactions on ASOS Marketplace, you need to set up a payment method. ASOS supports various payment options, including PayPal and Stripe. Setting up a PayPal Business Account or using Stripe allows you to securely receive payments from customers. Ensuring a seamless payment process is essential for maintaining customer trust and satisfaction.

Tips for Success on ASOS Marketplace

To succeed on ASOS Marketplace, offering exceptional customer service is crucial. This includes providing timely responses to customer inquiries, ensuring fast and reliable shipping, and maintaining a high feedback rating. Addressing customer questions and concerns promptly can help build trust and encourage repeat business. Moreover, handling returns and exchanges efficiently demonstrates a commitment to great customer service, fostering loyalty and positive reviews.

Additionally, leveraging marketing opportunities on the platform can significantly boost your sales. Participating in promotions, using discount codes, and engaging with ASOS's marketing tools are excellent ways to increase your brand's visibility. Promotions and discounts not only attract new customers but also encourage existing ones to make additional purchases. Consider seasonal sales and special offers tailored to your target audience to maximize engagement and sales.

Consistently updating your inventory and keeping your listings fresh and appealing is another key to success. Regularly adding new products, updating descriptions, and ensuring high-quality images keep your boutique dynamic and interesting. This practice helps maintain customer interest and encourages repeat visits to your storefront. By staying active and engaged on the platform, you can attract more customers and increase your sales potential.

Understanding Seller Fees

ASOS Marketplace charges sellers a monthly subscription fee and a commission on each sale. The monthly subscription fee varies based on the type of boutique, providing flexibility depending on your business needs. For example, boutique types may range from vintage collections to unique self-designed fashion lines, each with different subscription tiers to accommodate various levels of seller activity and inventory size.

In addition to the subscription fee, ASOS Marketplace also takes a commission on each sale, typically around 20%. This commission is a percentage of the sales price, so it’s important to factor this into your pricing strategy to maintain profitability. Knowing the exact costs associated with selling on the platform allows you to price your products competitively while ensuring a healthy profit margin.

Discounts are available for NUS Extra cardholders, which can help reduce overall costs. This is particularly beneficial for students or young entrepreneurs starting their journey on ASOS Marketplace. Being aware of and utilizing these discounts can make your entry into the e-commerce platform more cost-effective. Carefully managing these fees and integrating them into your financial planning will ensure that your business remains profitable and sustainable.

The Importance of Crosslisting

Crosslisting, or selling on multiple platforms simultaneously, can significantly increase your visibility and financial security. By listing your products on ASOS Marketplace and other e-commerce platforms, you can reach a wider audience and reduce the risk of relying on a single marketplace. Crosslisting allows you to diversify your revenue streams and tap into different customer bases, enhancing your overall market presence.

Using automation software like Crosslister can streamline the crosslisting process, saving time and effort. This software allows you to manage your listings across multiple platforms from a single interface, making it easier to update product information, track inventory, and synchronize sales. Automation tools can also help you avoid overselling by keeping your stock levels accurate across all platforms.

Moreover, crosslisting helps protect your business from potential fluctuations in any single marketplace. For instance, if sales slow down on one platform, you can still generate income from others. This multi-channel strategy is essential for building a resilient and adaptable business. By taking advantage of crosslisting, you can maximize your product exposure and achieve greater financial stability.

Conclusion

Selling on ASOS Marketplace involves several key steps, from applying and listing products to promoting items and shipping orders efficiently. By following this guide, you can navigate the platform successfully and take full advantage of its potential. ASOS's support mechanisms, marketing tools, and professional guidance can help your business grow and succeed. Their comprehensive support system ensures you have access to resources that can assist you in every step of your selling journey, from setup to scaling your operations.

Additionally, using tools like Priceva’s price optimization can further enhance your competitive edge and drive success. Priceva’s tools allow you to monitor market trends, adjust prices dynamically, and stay ahead of competitors. This ensures that your pricing strategy is always aligned with market demands, helping you attract more customers and increase sales.

FAQ

What is ASOS Marketplace?

ASOS Marketplace is an online platform where independent brands and vintage boutiques can sell fashion items to a global audience. It offers a unique marketplace for discovering new and pre-loved fashion, attracting a diverse customer base. Sellers on ASOS Marketplace benefit from the platform's established reputation and extensive reach, allowing them to showcase their products to fashion enthusiasts worldwide. This marketplace is particularly popular among younger audiences looking for unique and trendy items, making it a vibrant community for both sellers and buyers.

How do I become a seller on ASOS Marketplace?

To become a seller on ASOS Marketplace, you need to apply for a boutique by filling out an application form on the ASOS Marketplace website. The application process involves providing detailed information about your business, including product types, brand story, and images of your inventory. Once your application is approved, you can set up your boutique, customize your storefront, and start listing products. This process ensures that only quality sellers join the platform, maintaining a high standard for the marketplace and ensuring great customer service.

Are there 3rd party sellers on ASOS?

Yes, ASOS Marketplace features third-party sellers, including independent brands and vintage boutiques, offering a diverse range of fashion items. These sellers bring unique and varied products to the platform, enhancing the overall shopping experience for customers. By providing a space for third-party sellers, ASOS Marketplace supports small businesses and independent fashion brands, allowing them to reach a larger audience. This diversity of sellers contributes to the rich assortment of items available on the platform, catering to different styles and preferences.

How many sellers are on ASOS Marketplace?

ASOS Marketplace hosts thousands of sellers from around the world, offering a wide variety of fashion items. This large number of sellers ensures a constantly updated and diverse selection of products, keeping the marketplace fresh and exciting for customers. Sellers on ASOS Marketplace range from small independent boutiques to established fashion brands, all bringing their unique collections to the platform. The extensive seller base helps maintain a dynamic marketplace where customers can find everything from vintage treasures to the latest fashion trends.

What percentage does ASOS take?

ASOS Marketplace charges a commission on each sale, typically around 20%, in addition to a monthly subscription fee for boutique owners. The monthly subscription fee varies depending on the type of boutique and the level of services provided. This fee structure helps cover the costs of maintaining the platform, marketing efforts, and providing support to sellers. Understanding these fees is crucial for sellers to price their products competitively while ensuring profitability. Discounts are available for NUS Extra cardholders, offering a cost-effective way to manage expenses on the platform.

How to make money with ASOS?

To make money on ASOS Marketplace, create high-quality listings with clear, attractive photos and detailed, keyword-rich descriptions. Offering exceptional customer service, including fast and reliable shipping and prompt responses to inquiries, can help build a loyal customer base and encourage repeat purchases. Utilizing marketing tools available on the platform, such as participating in promotions and offering discount codes, can also boost visibility and sales. Regularly updating your inventory and keeping your storefront fresh will attract more customers and drive sales. Engaging with your audience on social media and leveraging ASOS's global reach can further enhance your sales potential.

What's the difference between ASOS and ASOS Marketplace?

ASOS is a retail website offering a wide range of fashion products from various brands, while ASOS Marketplace is a platform for independent brands and vintage boutiques to sell their items directly to consumers. While ASOS focuses on a curated selection of new fashion items from well-known brands, ASOS Marketplace provides a space for smaller, independent sellers to reach a broader audience. This distinction allows ASOS Marketplace to offer unique and hard-to-find items, catering to customers looking for something different from the mainstream fashion offerings found on ASOS.

Does ASOS Marketplace still exist?

Yes, ASOS Marketplace continues to operate, providing a platform for independent sellers to reach a global audience and sell unique fashion items. The marketplace remains a popular destination for fashion enthusiasts seeking distinctive and high-quality products. ASOS Marketplace's commitment to supporting independent brands and vintage boutiques ensures a diverse and ever-changing inventory, keeping the platform relevant and exciting. Sellers benefit from the marketplace's established infrastructure and customer base, making it an attractive option for those looking to expand their online presence and grow their business.

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