Kooomo waives costs to support retailers online during Coronavirus crisis

This article is brought to you by Retail Technology Review: Kooomo waives costs to support retailers online during Coronavirus crisis.

Cloud-based eCommerce platform Kooomo has waived setup fees to aid retailers to sell online. Through this initiative, Kooomo aims 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.

Ciaran Bollard, CEO of Kooomo says “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.”

Kooomo - which normally operates on a revenue-share model once a merchant is set-up - has agreed to waive its setup fees that usually consist of about €40,000. The only cost to the retailer is a fixed fee or revenue share on goods sold.