Jet.com--Building Low-Price Retail Jet.com--Building Low-Price Retail

Jet.com--Building Low-Price Retail

What is Jet.com?

Jet.com is a retail platform that sells products at the lowest prices. The website was publicly launched in July 2015.

Jet.com’s development history:

-As of July 2015, Jet.com had 4.5 million products available for sale. After the testing period, the website was officially launched on July 21, 2015.

-In October 2015, the membership fee model was cancelled.

-In August 2016, Walmart spent $3.3 billion to acquire Jet.com, including $3 billion in cash and $300 million in stock, making it the largest e-commerce startup in U.S. history.

Jet.com entry requirements:

Jet.com is specifically for US users. Sellers who want to join Jet.com must meet one of the following two conditions:

1. It must be a local U.S. company with a U.S. business license;

2. If the headquarters is not in the United States, but the company has a valid U.S. business license, it can also apply.

At the same time, sellers also need to meet the following requirements to successfully enter Jet.com:

An approved authorized dealer of Jet products (Note: Jet does not currently accept used or refurbished products or prohibited products);

The seller must be able to ship products to the 48 U.S. states (preferably with a warehouse in the U.S.);

Have a valid US tax ID number (9 digits);

Meet the customer's requirement to ship within 5 working days after placing an order;

It is best to have sales experience on other third-party e-commerce platforms.

This is the end of the information about Jet.com in this issue. If you want to get more information about Jet.com, please continue to pay attention~