Ecommerce firm waives set-up fees to help retailers in coronavirus crisis

  • Cloud-based ecommerce platform Kooomo has waived its set-up fees to help retailers sell online during the COVID-19 pandemic.

    The company which has offices in England, Ireland, Spain and Italy, normally operates on a revenue-share model once a merchant is set-up.

    These set-up fees usually cost around €40,000, but during the coronavirus crisis the firm said its only cost to the retailer will be "a fixed fee or revenue share on goods sold."

    Kooomo added that its aim in doing so is to “help retailers who have faced some of the most difficult trading times in history. This support will enable any retailer medium or large to get their products online without incurring any costs.”

    RELATED: i3 Digital Shortlisted for Best eCommerce Site of the Year

    Ciaran Bollard, CEO said: “We made this decision to help support retailers in this trying and uncertain time. No one knows when current restriction measures will be lifted or if a second wave of this deadly virus may be expected.

    “This is a great opportunity for retailers and brands to utilise this support in conjunction with government aid packages COVID-19 impact scheme. We all must help each other out in these trying times and accelerating eCommerce initiatives is a great way to kick-start trade and future proof your business.”

    Request a consultation with Kooomo here.

    RELATED: Holywood businesses create community COVID-19 free support site

    Source: Written from press release

    About the author

    Niamh is a Sync NI writer with a previous background of working in FinTech and financial crime. She has a special interest in sports and emerging technologies. To connect with Niamh, feel free to send her an email or connect on Twitter.

    Got a news-related tip you’d like to see covered on Sync NI? Email the editorial team for our consideration.

    Sign up now for a FREE weekly newsletter showcasing the latest news, jobs and events in NI’s tech sector.

Share this story