In the last few years, the Indian eCommerce industry is flourishing very well. Giant online shopping brands like Amazon, Flipkart, Snapdeal, Paytm Mall, and many other names have brought a revolution in the people shop in India. The brainchild of Sachin Bansal and Binny Bansal, Flipkart has been the flag barter of this Indian eCommerce era. With its innovative moulds like cash on delivery and same-day delivery backed by low prices have brought more potential customers and today Flipkart has become India's largest electronic commerce store.
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Today, Flipkart has an excellent market appearance, enticing users from all over the nation. So as a seller, being a part of Flipkart is nothing less than a great entrepreneur. You can start selling on Flipkart as a full-time business or can also add it as a support income to your family's main source of income. Here is the step by step guide on how to join Flipkart seller and sell your products on Flipkart successfully:
To sell on Flipkart, first, you need to sign on as a Flipkart seller from the Flipkart Seller Homepage. Provides all the information about your business and the products you are going to sell through Flipkart. Some of the major information you do not provide during the Flipkart Seller registration process:
Name
Email Address
Phone Number
Pickup Address/Business Address
Categories of product that you will sell through Flipkart
Business registration documents
Tax Registration documents
Business Registration
Apart from the basic information, the follow business-related information and document you need to submit during the registration price. Some of the documents to be submitted will vary according to the type of business registration, as follows:
If you want to sell on Flipkart on your own name and legal standing, your business will be perceived to be a Sole Proprietorship business. A sole proprietorship business does not provide limited liability protection to the promoter, is transferable easily, cannot have investors or partners, has a limited capacity for taking loans, and also not very scalable.
Signed declaration on the business letterhead, stating that the individual owns and manages the bank account held in the name of the business.
Statement of bank accounting registered on Flipkart payment gateway.
Passport
PAN Card
Voters ID
Driving License
Any other photo identity card
Letter from a recognized Public Authority or Public Servant verifying identity.
Telephone bill (Fixed line) in the name of the Proprietorship firm
Electricity bill in the name of the Proprietorship firm
Bank Account Statement in the name of the Proprietorship
Letter from Employer
Ration card
Lease or license agreement
Becoming a Flipkart seller as a Private Limited Company is one of the most preferred methods. It enables limited liability protection to it promote, with a separate legal entity, also passing the transfer rights is a simple process. With private limited, you can also add investors and partners to grow your business. These are documents that need to be submitted to sell the product as a private limited company:
Certificate Copy of Incorporation of Private Limited Company
Copy of Memorandum of Association
Company PAN Card
Company Electricity bill
Company Telephone bill (Fixed line)
Lease or rental agreement
Another preferred option when it comes to how to join Flipkart sellers. Registering as an LLP on Flipkart brings multiple benefits like limited liability protection, easy transferability, being a separate legal entity. Here are the major documents to become a Flipkart seller as an LLP
LLP Incorporation Certificate or Partnership registration
Partnership deed
Power of Attorney granted to a Partner or an Employee of the LLP or Partnership firm to transact business on its behalf
Any document identifying Partners and the person holding the Power of Attorney with their photographs
PAN Card of the LLP or Partnership Firm
Any officially valid document confirming the address of the Partners and the persons holding the Power of Attorney
Firm/Partner's Telephone bill
Firm/Partner's Electricity bill
Lease or Rental agreement
Lease or License agreement
Apart from the above three methods, you can also become a seller on Flipkart if you are a trust or foundation. In order to register on Flipkart as a trust or foundation, you need to submit the above documents in the name of the Trust or Foundation to set up the legal identity of the Trust/Foundation and the address of the Trust Foundation.
First of all, you need to verify your personal contact details, business contact details, account details etc. to list your products on Flipkart.
There are no rules or regulations to apply for Flipkart Seller registration; here the most important factor is to have a minimum one product to offer. Following person meeting all the minimum criteria can become an applicant for Flipkart Seller Registration:
Individual
Partnership Firm
Company
Limited Liability Partnership
Any other organization registered under other Act or legislation
Minimum Requirements for Flipkart Seller Registration
In order to apply for the Flipkart Seller registration the vendor needs to meet the following minimum requirements:
You must have valid GST registration as the Goods and Service Tax Identification Number is to provided to Flipkart
PAN is mandatory. If you are planning to work as a Flipkart seller as Sole Proprietorship, you need to submit a personal Pan Card. In case, you want to register a business entity, you need to submit your personal PAN card as well as PAN card of your organization.
If your business is not registered as a sole proprietorship basis then documents related to business registration are also required.
You must have a current bank account on your name. It is essential as in the online market all the transaction is done directly through online transfers.
As mentioned above, you should have a minimum of one product to offer on the platform.
Along with the above requirements, you also need to provide an active mobile number and email ID for communication purposes.
Flipkart charges a small commission on each sale according to the percentage of the value of the products. Shipping fees are to be paid by the seller. You can add shipping in your price or include it, it depends on you. The platform also charges a collection fee and it varies as per the mode of payment like prepare or cash on delivery. Basis, it takes the sum of the amount on a fixed fee based on slabs of order values.
Flipkart also provides a seller protection program in case products are lost or damaged aside from courier's fault or fraudulent customer claims. You can sell your products with peace of mind as even if any customer returns your product in damaged condition, the platform will repay you.
Another great advantage of joining a Flipkart seller is that it offers funding at fair rates so you can stock more products in your inventory. If you have just started selling on Flipkart, you can take training offered by the platform on how to sell on Flipkart and learn online.
If you have any doubts or questions relating to the process of looking for more information on any other topic, let us know in the comment section below.
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