When you’re just starting out with selling online, marketplace might seem like a good option. Setting up your own website and listing products might seem a lot. Because then you have to manage all aspects of the website including creating offers, altering the price, taking care of the payment gateway and more. But, all that is put to rest when you start selling on Flipkart.
Flipkart is one of the most popular marketplace on the Internet. Most sellers prefer selling on a marketplace as it is a safer option. This is because when you sell on a marketplace, you don’t have to go through the hassle of building a website. In addition to this, you don’t have to spend on the maintenance or manage the coding aspect yourself.
Here’s what else you can do when you sell on a marketplace-
- No need to build a store from scratch
- Forget the worry of setting up a payment gateway
- No need of website maintenance
- Any risk of security issues are ruled out
Selling on Flipkart can be one of the biggest breakthroughs for your online business. It is a platform that has transformed the entire ecommerce scenario in the past few years. In fact it has become one of the frontrunning platforms in India where a majority of customers go to make a purchase. With Flipkart as one of the market titans of the industry, it might seem like a lucrative option for your online business.
Getting started with the platform can seem like a challenging task. However, there is nothing to worry about. We’ve got the best tips and tricks for you to excel on the platform. Read on more to find out how!
Why Start Selling on Flipkart?
Ever since the platform was established in the year 2007, it has grown tremendously. While it started only with a handful of features, soon it has provisions like 24 * 7 online selling and more. All of this attracted ecommerce sellers and customers. Sellers liked the selling options and convenience while customers liked the variety of products and offers to shop.
Selling on Flipkart is one of the safest ways to sell online. Most sellers are often afraid to sll online because of fraudulent activities. Online stores are prone to cyber attacks. This means that all your hard earned money and reputation can just be flushed due to no mistake of yours. When you sell on Flipkart, being a reliable store, website security is taken care of.
Easy to Set Up
On Flipkart you can set up your business within minutes. You won’t even realize the short duration of time when you register your website and start listing your products. Moreover, you have a lot of options that you can leverage to lure your customers. From creating offers to providing occasional discounts and ease of browsing, you can make the most of the platform.
Over the years Flipkart has managed to establish its reputation. Therefore, customers love to shop from the platform. Due to the lucrative offers, fast delivery options and the range of products being offered. Millions of customers make purchases on a daily basis on the platform. Therefore, sellers have great many opportunities to capitalize on these customers and make sales.
24 * 7 Availability
When you sell on Flipkart, you are available to sell your products 24 * 7. Therefore, you can make money even when you’re sleeping. You don’t have to worry about the maintenance or anything regarding. All you have to work on is your pricing and then customers from all over India can make a purchase anytime of the day.
Flipkart is host to one of the largest categories of products. From heavy appliances like refrigerators and washing machines to handicraft items, apparels and more. There’s barely anything that you can’t buy on the platform. Therefore, this brings in a huge opportunity for sellers to make the most of their platform. When selling on Flipkart, you can sell anything and everything and make profits.
How to Start Selling on Flipkart?
Make sure you follow all the steps mentioned below as you start selling on the platform.
Step 1: Signing Up
Start by signing up on the platform. For this you will need to head to Flipkart Seller Central. Here you will need to register using your phone number and email id. Once you enter all the required information, you need to click on ‘Start Selling’.
You will now be redirected to a window where you will have to enter more information. In this step you have to create your complete seller account. You will be asked to verify your email and phone number. Next, enter your full name and password in the provided fields. This will help you sign up on the platform and get started with selling on Flipkart.
Step 2: Business Information
Once you sign up on the platform, you will have to start adding your business information. Start by providing your area pin code for verification. This pin code helps Flipkart understand your pickup information. Based on this, the platform decides whether picking up products from your location is possible or not.
The next step on Selling on Flipkart is to enter your GSTIN number. Remember that GSTIN is necessary for selling online as per the government norms. Flipkart provides you with three options to add your GSTIN-
- I have a GSTIN
- The seller will only sell in GSTIN exempt categories like books
- I have applied/will apply for a GSTIN
Once you select these options, you can enter the GSTIN number in the field provided below. Then click on ‘Continue’. If you select the second options where you don’t provide any GSTIN, you can sell those products that are exempted from GSTIN. Then you can directly enter your business information and set up your business account for selling on Flipkart. The following details are asked on the platform-
- Business name
- Pan number
- Business type
- Address of your business
- Address Proofs
- Bank Details
Remember to enter correct information in these fields so that your seller account is accurately set up. Enter your bank account details where your transactions can be processed from there. This way you will receive your money in your bank.
Step 3: Listing Products
Now you have to list our products on the platform. Start by searching products that you want to sell on the platform. You can choose to sell an existing product on the platform. Or you can add a product to your account using the brand and FSN.
The next step to selling on Flipkart is to enter your store details and description. Remember to add SEO friendly keywords in your description. This will help your customers find your products more easily and also help you rank better. Once you list your products, you can begin selling on Flipkart successfully!
What Does the Flipkart Dashboard Look Like?
When you start selling on Flipkart, you get a dashboard to begin with. This dashboard consists of all the information you need to know about your business. For example, it will tell you about your listings, payments, order details, analytics as well as your advertising.
Here’ all that you can find on the dashboard-
- Find all the information related to your orders. View your active orders, return orders and more.
- View the details of all your payments. Every payment processed through the marketplace along with their invoices can be seen on your dashboard.
- There is a growth section on the dashboard. Here you can take a look at the performance of your Flipkart store. Understand how your promotions are doing for your business and whether you’re making the right choices.
What are the Charges Involved in Selling on Flipkart?
When you sell on Flipkart, you have to pay some fee. But the selling fee has a breakdown on Flipkart so that you understand what you are paying for. Take a look at the fee structure below-
- Order Value Item: This is the order selling fee on the platform. The customer pays for it in exchange for the product. This might include the shipping fee as well.
- Marketplace fee: This is the selling commission on the platform. From the order value item, Flipkart charges a commission for letting you sell. The marketplace fee is further broken down into the shipping fee, commission fee, collection fee, and fixed fee.
- GST: When you sell on Flipkart, you need to pay an 18 percent tax. This is as per the norms of selling online.
- Shipping: Depending on the weight of your parcel and destination, Flipkart provides you with a shipping service. The charges are based on several factors.
Now that you know how to start selling on Flipkart, you can get started with the platform right away. Make sure you do the research well about the kind of products you want to sell. Identify which customers you want to appeal to and then make the most of the platform. Remember to add the focus keywords so that your products rank well when customers search for it. Then go onto delivering what you promised and how you promised. Leverage a reliable logistics partner like Dash101 Logistics that can help you deliver to 26000+ pin codes at the lowest delivery costs. Increase your profit margins as you deliver for as low as Rs 23/500 gms with 8+ courier partners.