On July 15th (Thursday) from 20:00 to 21:30, go to the Airwallex live broadcast room to learn about Wayfair’s investment promotion and entry introduction in 2018 and Wayfair’s “exclusive” solution for product liability insurance!
#AboutWayfair
Founded in 2002, Wayfair is a pioneering e-commerce brand with nearly 20 years of experience. The platform has brought together 22 million items from more than 16,000 global suppliers, has more than 31 million active users worldwide, and currently has a market value of US$32.6 billion. As a US listed company, it rose 131 places in the just-released Fortune 500 list, making it one of the fastest-growing and most promising companies.
#Platform Achievements
It became the sales champion of home furnishing e-commerce in North America and leapt into the largest vertical home furnishing e-commerce in North America
Annual sales exceeded $14 billion ($14bn), an increase of more than 55% year-on-year, and reached $3.5 billion in the first quarter of the year, an increase of about 50% year-on-year
Customer base: exceeded 31 million in the previous year and exceeded 33 million in the first quarter of the year. According to platform surveys, most of our customers are female consumers with strong purchasing power, high stickiness and high return rate.
Wayfair currently has four websites, namely the United States, Canada, the United Kingdom and Germany. Its business covers the entire North America (United States, Canada), the United Kingdom, Germany, Ireland and Austria. Sellers can also download the App version
#Platform Advantages
Huge market potential: The total size of the European and American home furnishing market is estimated to be US$840 billion, and will exceed US$1 trillion by 2030; as European and American consumers turn to online habits, Wayfair, as a professional home furnishing category platform, has huge development potential. The platform currently sells up to 50 categories of products, not just large furniture
Platform entry type: The platform does not charge a monthly fee; the platform and sellers cooperate in a wholesale price model, the seller sets the wholesale price, and the platform sets the retail price based on this.
Wayfair is responsible for the final logistics: Wayfair has a long-term logistics partner and will also prepay the final freight and return freight. After the customer places an order, they only need to print the prepaid waybill. Wayfair is responsible for delivering the goods from the seller's European overseas warehouse to the customer.
Chinese sellers can quickly settle in: Wayfair's Asian supplier group has established a Chinese team to help Chinese sellers settle in without worrying about the language; Chinese companies can settle in the platform directly without setting up additional US/European companies to settle in Wayfair
#Event Introduction
On July 15th (Thursday) from 20:00 to 21:30, Airwallex and Wayfair will hold a live broadcast for platform investment promotion to help all sellers join the home furnishing products market with a capacity of over 800 billion US dollars and embark on the fast lane of rapid development of European and American furniture and home furnishing e-commerce platforms!
Get a comprehensive understanding of the Wayfair platform, cooperation model, and onboarding process; get an introduction to product liability insurance, insurance interpretation, and insurance claims procedures with one click; Wayfair official online Q&A, etc. This live broadcast has it all!
Live broadcast benefits
Wayfair’s fast entry channel: exclusive entry QR code for the live broadcast room, Wayfair’s fast processing, you will receive an entry invitation letter 1-2 working days after the live broadcast.
Documentation for this live broadcast: Help you gain a deeper understanding of the Wayfair platform, and save valuable information for the future!
Long press to identify or scan the QR code to sign up for the live broadcast↓
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