Cratejoy Marketplace is an online marketplace for a business that package items such as gifts items in a box and delivers to the person. This is what is trending now, so if you are interested in the trend to let’s see this review and how it will explain better to our understanding.
Cratejoy Marketplace started in 2014 by Elaguizy. The marketplace is majorly a subscription-based Marketplace that a lot of organized merchandise for certain audiences. Individuals are free to browse and discover a specific type of collection that they admire, subscribe or can cancel at any time.
However, it acts as a platform hosting small business owners to list all its new products to its consumers in a peculiar and less stressful way. Just like the Esty Marketplace, the exception here is that Cratejoy is dealing mainly with subscription boxes.
Currently, the record has it that the site has about 1.4 million visitors each month. The greater percentage of visitors up to 65% is from the USA. 6% from Canada and from the UK 5.7%. Also, a lot of people get to know about Cratejoyvia the YouTube Channel and the search engines.
Cratejoy Products Categories
When the marketplace commences, there was no such collection. But now there are many interesting features added and also many improvised features on the marketplace that IA now making the marketplace more interesting and business-friendly.
Here are the product categories that are presently offered:
- Book for adults, fantasy, romance, etc
- Art and culture including arts & crafts, spiritual, etc
- Pets such as dogs and cats
- Food and beverage including coffee, meal delivery snacks, etc
- Geek and gaming which includes videos, comic books, nerd, etc
- Fitness and Outdoors such as sport, weight loss and outdoor, etc
- Family and kids including, toys, kids educational, etc
- Women stuff including Jewelry, clothing, maternity, etc.
- Beauty and skincare including, organic, makeup, bath & soaps, etc
- Men stuff including accessories, clothing, shaving, etc.
- Novelty (adult)
- Home and Living (gardening, candles, home accessories and etc.
How to Make Money With Cratejoy As a Seller
To make a listing in the Cratejoy marketplace is a great platform to expose your product. Also, you can create a customized checkout or a website to make more offers that will meet your customer’s needs. The platform charges you fees based on what you want and what you need as a business owner. The higher the price, the more tools, and support you will have.
Cratejoy Marketplace Fees
To list on the marketplace is free but to sell any item, you will be charged a fee of 11.25% +$0.10 each transaction. Your items are products that are submitted to affiliate promotion and CratejoyCan sometimes selects the brand to place on their blog.
To make provision for additional customized checkout process. The fee is $19 per month and 1.28% + $0.10 each transaction. Marketplace listing is free + 10% transaction fee and gets other support tools.
Also, to own a custom website and to sell on theCratejoyMarketplace plus10% transaction fee all at the same time is $39 each month and 1.25% +$0.10 for a transaction. This will cause help your business to be more expose via search engines.
Requirements For The Opening of a Merchant Account
- You experience since you started selling
- A business address
- The description of the business, subscription schedules, photos, videos, etc
- The business website link and your social links.
As soon as the team has all your information, it will take 2-4 working days to grant approval for the product to be sold by Cratejoy Marketplace. The process is very easy especially if you are an experienced, seller.
The Pros and Cons of Selling or Listing in Cratejoy Marketplace
- The platform has over 1.4 million visitors in a month, this means that your target audience concept is achievable. A lot of eyes sill get to see your business from the grassroots.
- Every seller is given a 14- days free trial duration for new sellers this will be the time to test-run your business to know if the platform Will
- Custom-made boxes are given to the seller that needs it. With Cratejoy partnership with BoxUp to get a good quality 25 boxes of different sizes just the way, you like it. On this platform, you can also order in small volumes.
- The marketplace charges a high performance for Marketplace listing
- The Cratejoy Marketplace is strictly for US residences only
- Just like every other Marketplace, there is competition within the businesses on the marketplace that is within the same niche