With the evolution of internet technology, the whole wide world has changed. All our old time practices of selling in shops and visiting bazaars for shopping seem old-school now. E-commerce sites have flourished to a great extent, e-commerce portals like Flipkart, Amazon, Snapdeal, Jabong have changed the face of online shopping in India.
It is very easy to shop from these websites but when it comes to selling products on these sites, it puts you in a fix. Selling on these e-commerce sites involves a procedure which must be followed. Almost all these sites have almost the same procedure with minor alterations here and there.
Flipkart is an e-commerce marketplace unicorn company founded in 2007 by Sachin Bansal and Binny Bansal. The company is registered in Singapore, but has its headquarters in Bangalore and Karnataka in India. Flipkart ships over 50 lakhs shipments each month and generates over 80 lakh daily page visits. Therefore the business opportunity on flipkart is very massive.
Selling on flipkart involves five major steps:
The process of signing in on flipkart is easy and can be started from the Flipkart Seller Homepage. The person or business may signup thereafter and some of the details asked on registration on this maybe the following:
The requisites for different type of business entities differ from one another to an extent to sell on flipkart:
On registering a suitable business entity, tax registrations must be complied with, the following tax registration and bank account details must be required:
Once the promoters of the business have provided the above information, documents and registrations, the business can commence selling its products on flipkart. The business can set up the store front and list product to sell on flipkart.
If we talk about other e-commerce sites then to get associated with Snapdeal, you just need to visit the Snapdeal website "http://Snapdeal.com" and click on the "Sell on Snapdeal" tab available at the top right corner. Or either, you can give a missed call to their Toll Free number of Business Development team -1800-200-3988. They will approach you and help you with the On-Boarding process.
Sellers need to pay Marketing Fee (depending on category of the product). Snapdeal has partnered with 90% of leading Courier Companies. These courier partners pick the parcels from sellers and deliver them to customer.
The profit margins vary based on the product category and the marketplace. Here's a quick look at the charges:
These are the documents you would need for the major platforms: