How to Earn Money from Flipkart Affiliate.
Flipkart has been positioned as #1 eCommerce site in India for some selected products and categories. Numerous of the online venders from all over India are registering great sales over Flipkart. That is the reason there is a lot of buzz and interest among new online sellers about the eCommerce selling platform offered by Flipkart. We will talk about and provide all the necessary details about how to sell your items on Flipkart in this article. Ecommerce sector is likely to see a 7% growth in average annual spend per individual on online purchases, the study says.
Why and How to Sell on Flipkart?
According to assocham Price water house Coopers study India’s ecommerce industry is likely to cross the $100- billion mark over the following five years, from $17 billion at present. Top eCommerce portals like Flipkart, Snapdeal, Shopclues, etc have enabled the Indian retailers to enter online field.
During 2013-14 Flipkart sold merchandize worth more than 1 billion USD and present ships over 50 lakh shipments every month. With 4.5 crore clients and more than 30,000 sellers Flipkart has become a haven for sellers to start selling online and develop their business.
In this article we will figure out how to become a seller on Flipkart and explore tremendous business opportunity.
Product Listing and commission
The item listing on Flipkart is totally free and you cost the price of your products. However Flipkart charges a commission on every sale that you make. For each sale by a seller on Flipkart the amount is credited in seller’s bank account within 5-7 business days of dispatch. Selling Commission Percentage of selling commission depends on class and subcategory. It ranges from 4% – 20 % depending upon the item category.
Shipping Fee: To guarantee smooth selling as well as the best possible client experience, Flipkart mandates delivery to all customers through their logistics partners.
The delivery cost is deducted from the selling cost before making a payment to the seller.
Shipping charge is calculated based on genuine weight or volumetric weight (whichever is higher).
Volumetric weight is calculated as under:
Volumetric Weight (kg) = L X B X H (Length x Breadth x Height)/6000 where L, B & H are in cm
The following rates are exclusive of all taxes.
Closing Fee: No closing fee is charged on product with cost under Rs 250. Closing fee of Rs 5 is charged for items in price range 250 to 500 and a closing is of Rs 10 for the items priced above Rs 500.
Return and Damage Policy
For the security of sellers Flipkart has set up a Seller Protection Fund (SPF). Sellers can request for claim under SPF through the vendor dashboard.
SPF can be claimed under the following two circumstances:
- When buyer is at fault
- When the logistic partner is at fault
If the fault is at dealers end he needs to bear the loss.
Sellers can raise a claim through Seller Protection Fund and depending on the case and class they will be stated a refund.
For example if the product was damaged by the logistic partners or the client, the seller has to give a sufficient proof stating, he has shipped an undamaged product and he can get the refund under SPF in his favour. To start selling on Flipkart you need to become a seller on Flipkart seller hub.
To start selling on Flipkart you need to become a seller on Flipkart seller hub. The registration process for the same is quite an easy three step registration.
The basic information to be entered during the registration process include:
- Email id.
- Address/ Business Address.
- Product category/ies to be sold.
- Business registration details/documents.
- Tax registration documents like PAN, TAN, TIN, VAT/CST. according to your category.
- Type of products/brands, etc
There are different charges like transportation charges and fixed closing expense all named under a single umbrella as Marketplace expense. There is 14% of service tax on marketplace charge. Fixed closing charge is a small charge that Flipkart charges on each sales other than selling commission.