How to Sell Under Minimum Order Quantity- Boost Your Sales on Shopsy

Are you a seller on Shopsy looking to maximise your sales potential? One effective strategy is to list your products under Minimum Order Quantity (MOQ). In this blog, we will explain what MOQ is, provide examples of trending products under MOQ, guide you on how to list under MOQ and highlight the benefit for sellers.

What is Minimum Order Quantity?
A brand-new feature on your seller dashboard called Minimum Order Quantity (MOQ) allows you to set a minimum purchase quantity for your products. MOQs vary depending on the product and the Shopsy vendor and are often set to ensure production efficiency and cost-effectiveness. By listing under MOQ, you can tap into a broader range of products and offer buyers more options.

Shopsy’s MOQ feature enables you to set the minimum quantity requirement, typically ranging from 2 to 10 units, depending on your product. By setting an MOQ, you can encourage customers to buy in larger quantities, leading to increased sales volumes.

Trending Products Examples under MOQ

1. Fashion Accessories: Scarves, hats, sunglasses, and jewellery are popular products with low MOQ requirements. These items are often purchased in multiples and make for great add-on purchases.
2. Electronics: Phone accessories, headphones, and Bluetooth speakers are in high demand. Suppliers often have MOQs that allow sellers to offer these products to customers at competitive prices.
3. Home Decor: Candles, decorative pillows, wall art, and small furniture pieces are frequently listed under MOQ. These items appeal to many customers and can enhance any living space.

How to List Under MOQ
Listing your products under MOQ is a breeze on Shopsy. Simply follow these steps:

• Go to the Listing Tab > My Listings
• Click on Edit Listing > Set MinOQ

Benefits for Sellers

1. Big Cost Savings on per Unit Shipping Charges: When customers buy more units, you can ship multiple items together, reducing shipping costs per unit and increasing your overall profit margin.
2. Better Margins on Low-Priced Products: By setting an MOQ, you can ensure that low-priced items, which might have had smaller profit margins before, become more profitable when purchased in larger quantities.
3. Higher Conversion Rate: Customers often find value in buying multiple units at a discounted price. The enticing offer of a minimum quantity order can boost your conversion rate and drive more sales.
4. Benefits in Rate Card: Shopsy recognises and rewards sellers who offer products under MOQ with improved visibility and placement on the platform. This can lead to increased exposure and a higher chance of making sales.

Listing products under Minimum Order Quantity on Shopsy can be a game-changer for your sales. The array of products available under MOQ allows you to cater to different customer needs and preferences. By following the steps outlined in this blog, you can list more products under MOQ, increase your sales potential, and enjoy the benefits of offering your customers a diverse range of products. Embrace MOQ as a strategy and watch your sales soar on Shopsy!