The price for products on Fyndiq is set by the merchant selling the product. The following should be noted:
- The currency of products listed on Fyndiq is always in local currency.
- Shipping cost to send the product from the place the product is stored to the customer’s address is to be completely included in the product price. No shipping fees can be added after a sale occurs.
- VAT is to be applied according to local tax law on the product price including the shipping cost.
Example: (90 kr net product price + 10 kr shipping cost) * 25% VAT = 125 kr product price listed on Fyndiq
The price level does not have to be equal to or lower than the price level in the other sales channels you as a merchant use, but please remember that Fyndiq's target group consists of bargain hunters, for whom a low price often becomes the decisive factor in a purchase decision.
Fyndiq's work with price comparisons
To maintain our position as the Nordic's largest bargain marketplace, we work actively with price comparisons and we monitor pricing to ensure that Fyndiq's image as a bargain marketplace is not misused. We therefore encourage you to ensure that your prices are competitive so that we can continue to fulfill our promise to our customers. Pricerunner and Prisjakt are good channels for price comparisons, so use them to get a good picture of the competition.
Fyndiq can block a product if the price is considered too high in relation to the same or a similar product that can be found on the market. If your item has been blocked for this reason, we urge you to review the price and get back to us and we will make a new assessment of whether it can be put up for sale again.
We would like to remind you that if you have products for sale where you have stated a pre-price (regular price) in the product card you have to ensure that the price is correct and realistic in relation to the market. According to Fyndiq’s guidelines you have to align with the rules and regulations regarding pre-prices on the Swedish market.
A too high pre-price results in a misleading customer experience related to the quality, safety, properties and durability of the product. Further, it will also result in unfair competition among our merchants. In cases where we observe products having incorrect pre-prices for sale at the Fyndiq platform there is a risk that these products will be removed without any warning.
Read more about prices and sale here.