Fyndiq DropShipping
Based in Sweden, Fyndiq was created with the vision of creating ‘small moments of joy’ for customers, with sellers offering low-priced overstock items. Brand awareness is incredibly high, with over 75% of the population being aware of the website. The website gets 3.1 million unique visits every single month – which when you consider the population is just over 7.3 million, that’s a pretty high proportion of Swedes heading for the marketplace each month looking for products that you can provide.
How is Fyndiq different from other marketplaces?
Fyndiq is based purely in Sweden, and has the largest eCommerce market in the Nordic region – more than 95% of the population shop online, with 67% making online purchases each month.
Fyndiq is a great platform if you’re selling items that are low priced – under £20 is the sweet spot. Pretty much every category except food items sell well on Fyndiq, so if you have fast fashion and accessories, health and beauty products, children’s item, toys, home & living, gifts, or gadgets (including refurbished items) then Fyndiq can be a great way to break into the Swedish market.
Why Dropship with Fyndiq?
90% of Swedish adults are fluent English speakers, meaning that UK sellers should find it easy to make sales in Sweden with Fyndiq. Once you’ve done your product research and found a supplier, it is easy to get started selling on Fyndiq – you simply need to sign up for your merchant account. There are no start-up fees, just a low-cost sales charge and a category fee on completion of your sales.
Pros and Cons of Fyndiq DropShipping business
Once your account is set up, it is smooth running with Fyndiq. Their customer support team handle all aspects of customer service, and only make contact with sellers only when necessary – and they deal with other aspects of your business too, from marketing to payment solutions. This means all you need to do is find the products, ensure the product information is of high quality. There are plenty of tools to help you succeed on the platform too, with analytics to help you determine which products are selling well and which aren’t, and to help you to identify trending products.
Although Fyndiq handle your customer service, you still need to respond quickly if they do email you, otherwise you may find your sales suspended. The challenge for sellers that are DropShipping is to ensure that your supplier is able to dispatch orders to Sweden – which means you need to contact your supplier ahead of time to avoid needing to cancel orders.
