What is Flipkart seller Registration?

If a vendor wants to sell their products through the e-commerce portal ‘Flipkart’ and gets himself listed as a seller that is known as' Flipkart seller registration '. This is a wise method of promoting your company’s products through e-commerce channels because it enables you to penetrate larger markets without having to open outlets in such locations. It means that right from stocking of your products to the dispatch and collection of money from consumers and passing it to the suppliers, everything is done by the e-commerce portal.

About Flipkart 

Sachin Bansal and Binny Bansal had set up the online shopping company Flipkart in the year of 2007. Having started photographing books many years ago it slowly expanded on the range of products it advertised. The IT firm now sells products in the likes of lifestyle, fashion, electronics etc. 

It has expanded to include many new organisations over the years including among them digital distribution, on-line content library, and a number of online retailers. Among such acquisitions, the most striking example could be Myntra. The company renders a plethora of support services to its registered sellers/vendors; training, workshops among others in order to empower the sellers.

Why opt for Flipkart Seller Registration?

E-marketing of your products is a smart idea that helps you grow fast. All you are required to ensure is the product quality; everything else is up to such e-commerce portals. In today’s date Flipkart delivers products at more than 39,000 pin codes and approximately 5 million parcels are being shipped on a monthly basis. 

 Such features like cash/card on delivery, one day delivery have made online shopping to become very popular. In this e-marketing generation, it is a very wise decision to put your products out there on e- shopping websites. It is a very rewarding business venture for the vendors as we see from the description above. Apart from this major advantage, Flipkart also offers Seller Protection Program against fraud and other things and in so doing they have also established a seller protection fund for compensation.

Is GST registration mandatory for Flipkart Seller Registration?

Answer to this question is, of course, yes. If you want to market your products online it is mandatory that you are registered under the Goods and Service Tax Act. This has already been elaborated under the provisions of the GST registrations. Therefore, at the time of Flipkart seller Registration the applicant is needed to produce its GSTIN, which is Goods and Service Tax Identification Number.

Benefits of Flipkart Seller Registration

Since Flipkart is one of the biggest e-commerce companies in India, there are a lot of benefits of using this form of a marketplace. Sellers on the other hand would receive varying advantages of engaging this form of market place. The following are the benefits of Flipkart Seller Registration:

• Growth and Expansion- 

 Through this form of registration, sellers are in a position to avail opportunities that are on the rise and varied forms of demand from the consumers. This could only be made possible if the analysis takes into consideration the process of registration. 

• Low Cost of Business- 

 To secure this form of registration, it is rather easy. Also, the financial cost of compliance is relatively constrained after this registration has been acquired by the business. 

• Transparency- 

 As pointed out above, obtaining this registration is pretty easy. On the other hand, the moment that registration is received, the handling of consumers is quite clear. 

• Ease of Doing Business- 

 There is therefore the ease of doing business when using this form of registration. Any business which has registered on this e-commerce platform would agree with me that it will be so easy to run the business. 

•  Consumer Surveys- 

 Consumers who patronised sellers on this platform were to receive surveys and their preferences. By this, the standard of services offered and delivered to the consumer by the seller can without doubt be enhanced. 

• Increases Advertising- 

 Selling the products on Flipkart site will enhance the sale of the seller. It directly leads to enhancement of the reputation of the seller.

What is the fee for Flipkart seller registration?

For those who are planning to sell on Flipkart and if you are apprehensive that you will have to pay a fixed amount then be rest assured. They do not quote any fixed amount that you need to invest or contribute in any way however, you have to pay for an order if you get any through the website. Following are the fee charged by them:

• Referral fee is charged for sale of product as well as for displaying the product. They vary depending on the product but they start as low as 3%. 

• Some firms charge commission on the confirmation of the order. This depends on the price variant of the product that has been sold. It is a non-percentage price floor; it is a fixed amount per unit cost that cannot be less than a particular percentage of the price. 

• Shipping Fee is not charged by Flipkart, hence Fos was not able to bask in the consumer delight it often provides its customers. Since you are not concerned with the collection and delivery of the product the e-commerce company charges you for this service. Fixed Minimum Shipping fee is Rs. 30 for any product offered through the portal. This fee will however depend on two parameters, the size of the package to be sent and the distance that is likely to be taken to deliver such a package.

Who can apply for Flipkart Seller registration?

To register as Flipkart Seller, it is most crucial to have at least one product which they intend to sell. Following person meeting all the minimum requirements can become an applicant for Flipkart Seller registration:Following person meeting all the minimum requirements can become an applicant for Flipkart Seller registration: 

• Individual 

•  Partnership Firm 

• Limited Liability Partnership 

• Company 

• Any other organisation which is registered under any other Act or Legislation.

Minimum Requirements for Flipkart Seller Registration

In order to apply for Flipkart seller registration the vendor must meet the following minimum requirements:

• The applicant must be valid for GST since the Goods and Service Tax Identification Number is to be furnished toFlipkart. 

• PAN Card of the applicant is mandatory for these cases except in cases where applicants are below the age of 10 years. In case of Sole proprietorship the personal Pan card of the proprietor is required. And if the applicant is a registered business entity then both the PAN Card of the authorised representative of the applicant as well as organisation PAN Card is to be submitted. 

• In case the business is not to be managed on a sole proprietorship basis, then registration of the business is also compulsory. 

• The applicant must have an existing current account which should be operated by the applicant. This is very useful because in online marketing all the transactions occur directly online including the transfer of funds. 

• The vendor must be registered to sell one product on the site or as many as they want to sell. 

• What is equally important as the above mentioned minimum requirements is the active Mobile number and email ID for the communication.

How Flipkart Seller registration Works

You are be up and selling on Flipkart by following these simple steps:

• Step 1: Business Registration 

 If you are interested in joining the e-commerce bandwagon and also market your specialised products through the same then the first step you have to take is to have your business legally established. 

• Step 2: Open a Bank Account 

At this point, a person may decide to open a formal bank account in this case, the broker will assist. 

 Business registration is followed by opening of a current business account in the name of the business. 

• Step 3: GST Registration 

 For the operation of e-commerce portals and selling products it has been mandatory to register under Goods and Service Tax. This GSTIN about your business is to be provided to Flipkart. 

• Step 4: Registration on Flipkart website

 In order to participate in the operations, the first operation launching on Flipkart website is the registration process. 

 Once you have fulfilled all the minimum means you can proceed to register with Snapdeal by visiting the seller. flipkart. com. To this end you are expected to enter all the required details mentioned and all contact details which are validated through One Time Passwords. 

•  Step 5 : Products List 

 After all registration formalities are fulfilled you can create your dashboard and list all the products that you want to provide under their respective product categories. 

•  Step 6: Start Selling 

 That is all there is to the setup; now you can start selling. Whenever and wherever you get any order confirmation pack the particular product for dispatch and label it ‘Ready for Dispatch’. Then executives of Flipkart will pick it from you and take it to the customer. We are ready is the response given by the executive. 

• Step 7: Payment Done 

 Once the order is successfully delivered the e-commerce site will settle your order within 10 to 15 days. 

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