Bonanza  is a fast-growing online marketplace headquartered in Seattle Washington which provides a variety of tools to help your business grow. If you want to be a Bonanza seller, you need to do a Bonanza seller login. Do you want to know how to be a Bonanza seller and the difference between Bonanza and another marketplace like ecrater? Read this article for more information needed. Let’s check this article out!

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What Are the Costs to Sell on Bonanza?

Before we go directly to the cost to sell on Bonanza. You need to know what Bonanza Malaysia is. Bonanza marketplace was created in 2007 in Seattle. Bonanza has improved and now has transformed into a full-fledged marketplace. It reached success in 2017 and is now constantly growing.

Bonanza is considered a niche platform. You can find everything here. You can categorize your products which allows shoppers to quickly find what they are looking for. Bonanza selling site is the ideal space for the products of Craftsmen,Traders of design items,Toys, Home appliances, Cosmetics,Household utensil accessories and Jewelry.

Here is the Bonanza seller fee you need to know:

  • If you sale products under $500, the seller fee is 3.5%.
  • If you sale products over $500, the seller fee is 3.5% + 1.5% of the value over $500.
  • The Minimum Commission Fee is$0.50.

Read also: The Pros And Cons Of Using An Online Marketplace In Malaysia

How Do You Make A Bonanza Account?

If you become a Bonanza seller, It is better to do some research about Bonanza monthly visitors, Bonanza reviews and you can also compare it with another ecommerce platform. You can try to search Bonanza vs eBay to see the difference between them and which one is profitable.

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In some FB Bonanza review saying that Bonanza is a great place to sell things due to this reason such as:

  • In the vast amount of daily transactions, no anomalies are found and the reviews clearly speak of a safe commercial space.
  • Bonanza is very active in identifying them and promptly blocks fraud attempts.
  • Sellers and buyers themselves are required to report any suspicious activity, allowing the platform to remain the safe and legit place it is.

You can see many searchers find Bonanza and eBay which means Bonanza is one of eBay competitor. Due to Bonanza’s popularity nowadays, many eBay sellers have turned away from eBay to choose a Bonanza MY app instead. So what are the benefits I will get when becoming a Bonanza seller?Here are the benefits you will get when selling on Bonanza 2021:

  • Commissions are lower and are applied only in case of sale.
  • It is a community-oriented marketplace. It favors direct communication and immediate chat dialogue between seller and buyer who can even chat during the purchase.
  • It has a simple sales system, ideal for those who want to save time.
  • It allows you to modify groups of products simultaneously in an automatic way.
  • Encourages the choice of multiple advertising plans or paid advertising on Google.
  • The neutral background creation tool helps give a professional look to products.
  • It has a high level of security.
  • It is possible to synchronize the sale with other platforms.
  • The drop-down ‘Categories’ menu is a practical way for the customer to find products quickly.
  • By analyzing sales, there is a high possibility of intercepting target customers because they can quickly find items they are looking for.

How to make an account on Bonanza and do Bonanza login? Here are the steps you need to take to make your selling account.

  • Sign up on the “start selling” page
  • Choose a name for your booth or webstore
  • Click “open your booth”
  • Enter bank/payment details
  • Enter your personal information
  • Choose to advertise or not through Bonanza which you can change this at anytime
  • You can also select membership at this stage
  • Go – Get selling!

How Do You Become A Seller On Bonanza?

Selling things in Bonanza is actually the same on how you sell in other marketplace. Here are the tips on how to sell on Bonanza including doing Bonanza seller login:

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  • Step 1 Sign in your seller account and do the Bonanza selling login
  • Step 2 Click on the start selling page and indicate if you already sell on another online store.
  • Step 3 Choose the name of your favorite Booth, where your shop panel will appear.
  • Step 4 Click on “Open Your Booth”.
  • Step 5 Set your booth title, username, contact email and password. You can also use your Facebook or Google login to create an account.
  • Step 6 Enter your personal details and the way you want to get paid.
  • Step 7 Provide your credit card details. 
  • Step 8 Choose if you want to pay for extra advertising on other online platforms which you can change at any time.
  • Step 9 finalize your booth set up.

You can sell many things at Bonanza. Bonanza targeted audiences are almost universal. People of all gender and age can go to Bonanza sites to shop for their favorite items. The most popular categories products at Bonanza are:

  • Women’s Fashion
  • Men’s Fashion
  • Home & Garden
  • Health & Beauty
  • Collectibles and art
  • Jewelry
  • Handbags and so on

Read also: Introducing eCommerce Website In Malaysia For Online Business

Conclusion

Bonanza is an online shopping mall that connects buyers and sellers from all over the world to transact directly. Bonanza provides a variety of tools to help your business grow such as Customer Marketing Tool, Seller Stats Dashboard and Webstores. With Webstores, you can introduce buyers from your booth to your Webstore inventory, where you pay zero fees on all sales made in your Bonanza shop.

Many ebid sellers move to be Bonanza because of features that Bonanza has such as :

  • In Bonanza.com, the sellers can import listings from eBay or Etsy.
  • The store can be set up easily and quickly.
  • It requires minimal fees which only apply when the user makes a sale.
  • Bonanza.com includes booth and item traffic statistics which helps in monitoring the booth.

Ginee Malaysia

If you have online stores registered in different marketplaces or ecommerces, you can use Ginee Malaysia to help you manage all your online stores in a single dashboard. Ginee Malaysia has features such as product management, stock, order, promotion, sales report, Ginee Ads, Ginee Chat, Ginee WMS, and many more. Sign up to Ginee Malaysia now for free forever!

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