China Naming Network - Solar terms knowledge - What does Jubaoge lottery mean?

What does Jubaoge lottery mean?

Jubaoge's lucky draw period is to prevent goods from being spiked at low prices for other reasons, such as pricing errors and subsequent recycling.

The lottery period can prevent the goods from being killed at a low price by improper means and maintain the fairness of the shopping environment in Jubaoge. Buyers can compete fairly for more cost-effective goods by drawing lots; The seller obtains the income higher than the pricing through the lottery function, which solves the worries of mispricing.

After the lottery is completed, the seller can get 90% extra income after deducting the information fee from the value-added part (actual transaction price-consignment price), and the platform only extracts 10% of the value-added part as the lottery fee. If the goods are not sold by lottery, the platform will not charge any extra fees.

Precautions for drawing lots:

1) After participating in the cross-service product lottery, you can't place an order to buy other cross-service products before the end of the lottery. Please make reasonable arrangements.

2) If the buyer has participated in the lottery during the lottery, the goods cannot be changed in price or removed from the shelf. If no buyer participates in the lucky draw, the price can be changed and removed from the shelf, but the lucky draw period will not be suspended, and the remaining time of the lucky draw will continue after the goods are re-shelved.

3) If the order is placed within the lucky draw period but the payment is unsuccessful, it means that the participation in the lucky draw is unsuccessful. Therefore, please make sure that the payment is successful during the lucky draw period. If no one participates in the lucky draw, the buyer can also buy at the price when placing the order after the lucky draw period, or cancel the order by himself and buy at the original price of the goods.