What is FanMart? FanMart Review, Features

FanMart is an e-commerce shopping app under Chongqing Global E-Commerce Co., Ltd. (referred to as "Global"). It was officially launched in August 2018. It is currently ranked among the top three e-commerce shopping apps in many countries in Southeast Asia. It has an independent R&D team and an experienced operation team, with more than 500,000 monthly active users, a repurchase rate of 12-15% in the current month, and a repurchase rate of more than 35% in the next month.

About FanMart

FanMart supports iOS and Android devices, and covers Southeast Asia, the Middle East and North Africa, Europe, North America, and South Asia.

Company Introduction

Chongqing Global E-commerce Co., Ltd. (Global) was established in early 2018. It is a company focusing on international trade B2C e-commerce. It was transformed from its predecessor Guangzhou YouMobi Information Technology Co., Ltd. (YouMobi). Global has currently established companies and offices in Guangzhou, Chongqing, Chengdu, Qingdao, Hong Kong, Shenzhen, Malaysia, Jordan and other places, and now has an elite team of hundreds of employees. The business content in the early stage included: overseas Internet traffic services and traffic monetization. Since July 2018, the focus has shifted to a comprehensive online shopping mall.

Entry conditions

1. Have a business license from mainland China or Hong Kong.

2. Own 1,688 stores.

3. The product information is complete.

4. Good collaboration and cooperation.

5. Have experience in cross-border e-commerce.

Advantages

1. No deposit required: No deposit is required, free entry and zero risk.

2. No loss due to return or exchange: No need to return or exchange goods, reducing losses.

3. Zero operating cost: professional team maintenance, easy system operation.

4. Convenient freight checkout: no overseas freight is required for shipment to the domestic warehouse (Dongguan), and the refund will be made within 15 days.

5. Strong capabilities: Financing from listed companies and rich experience in localization team.

FAQ

Q: Do I need an invoice?

A: No invoice is required, new products will be added simultaneously.

Q: Will the payment be automatically transferred to the designated account?

A: The supplier manually applies for cash withdrawal in the background. After the cash withdrawal is made in the background, it will generally arrive in the account within 3-5 working days.

Q: When can I apply for payment?

A: After the goods arrive at FanMart Dongguan warehouse and are inspected and put into storage, the system can apply for payment 15 days later.

Q: How are products priced?

A: Merchants who launch new products independently set and fill in the product supply price (including reasonable profit) in the background, and the sales price is automatically calculated by the platform algorithm. The platform sales price will add warehousing and logistics and local fulfillment costs on top of the merchant's price. The supplier supply price of new products launched simultaneously will be synchronized with the price, style and inventory of the online store.

Q: Does the platform need to charge a commission? Is there a profit-sharing system?

A: FanMart does not charge any commission, service fee or advertising fee at the moment, nor does it have a profit-sharing system. All settlements are based on the backend supply price.