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Indian Flipkart to win new sellers of Rs 12,000 by December 2021

Indian e-commerce company Flipkart continues to strengthen its seller base and plans to add a new seller of Rs 12,000 to the platform by December 2021. MSME and small business entrepreneurs are engrossed in the possibilities of e-commerce ahead of the festive season.

Currently, the Flipkart Marketplace supports digital commerce for 3.75 Rakı sellers and is steadily working to make this number 4.2 Rakı sellers on the platform by the end of the year. Since the pandemic, Flipkart Marketplace has seen encouraging reactions from MSMEs who want to bring their business online in e-commerce. New sellers and MSME bases come primarily from Tier 2 and Tier 3 markets such as Agra, Indole, Jaipur, Panipat, Rajkot and Surat. The Flipkart Marketplace platform has also witnessed an increase in categories such as general merchandise, home and kitchen, and personal care, Flipkart said in a press release.

Each of these 1.2 rack new sellers has the potential to create an additional 4 racks of direct and indirect jobs in the ecosystem, unleashing the potential of e-commerce as a sector that contributes to economic growth. To support the business continuity and growth of these sellers during the holiday season, Flipkart has enabled a next-day payment program that allows sellers to receive payments for their orders within one day. Sellers have access to a 30-day free trial with this program. If the seller chooses to continue using the program beyond this period, a small transaction fee will apply for the extended period. This configuration allows the seller to continuously flow working capital. Many sellers face financial challenges that impede business growth.

Indian e-commerce company Flipkart continues to strengthen its seller base and plans to add a new seller of Rs 12,000 to the platform by December 2021. MSME and small business entrepreneurs are engrossed in the possibilities of e-commerce ahead of the festive season.

In addition, as part of the company’s Growth Capital Seller Financing Program, Flipkart offers sellers customized products from lenders based on projected growth. This not only guarantees the financial support sellers need to increase their supply for the holiday season, but also allows them to reach the potential they desire during the upcoming Big Billion Days sale. These loans are offered at low interest rates to make them accessible to MSMEs selling on the platform. Flipkart will also host a 45-day learning development event for seller bases across India to boost business during the upcoming festive season and boost business to sellers, MSMEs, micro-enterprise, female entrepreneurs and craftsmen. Provided best practices and insights. , Weavers and handicraft makers offer the opportunity to grow their business further and enjoy the benefits of e-commerce.

“The value of digital commerce and its potential to enable rapid growth for SMEs is well known and accepted. SMEs continue to rely on the Flipkart e-commerce market for growth. It’s encouraging to see it accelerating. During this festive season, the national MSME and seller ecosystem has become even more resilient and revitalized, offering a wide range of products on the platform. We are pleased to be able to support your learning, financial, operational and business needs. Our ongoing efforts are markers for all small businesses, MSMEs, female entrepreneurs, craftsmen, weavers, or handicrafts. Is to ensure that we are actively involved in the next holiday season, and we are very pleased to see the rapid expansion of our partnership with Kiranas as part of our Last Mile Delivery Program. ” Rajneesh Kumar, CEO of Flipkart Said.

Fiber2Fashion News Desk (GK)



Indian Flipkart to win new sellers of Rs 12,000 by December 2021

Source link Indian Flipkart to win new sellers of Rs 12,000 by December 2021

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