Overview on Flipkart Seller Registration
Flipkart seller registration refers to the process by which a vendor registers as a seller with the goal of marketing their goods on the e-commerce platform Flipkart. This is a clever technique to market your goods through an online store because it allows you to reach a larger audience without having to open physical storefronts there. The e-commerce system handles everything, from shipping your products to collecting payments from clients and sending them to vendors.
History of Flipkart
The e-commerce portal Flipkart was founded in 2007 by the brothers Sachin and Binny Bansal. It started out by promoting books, but as the years went on, it expanded the range of goods it sold. It currently sells goods in the leisure, fashion, technology, etc. categories.
It has purchased numerous new businesses over the years, including those involved in digital distribution, online content libraries, and other online retailers. The most important of these purchases was with Myntra. To empower and support the sellers, the company provides a variety of support services, including workshops, training, etc., to its registered sellers and vendors.
Why choose to register as a Flipkart seller?
All you need to worry about is the product quality; the rest is up to these e-commerce sites. E-marketing your products is a wise move that helps you expand quickly. More than 39000 pin codes are being served by Flipkart, and about 5 million items are delivered each month.
Online shopping has become extremely popular because of features like cash/card on delivery and same-day delivery. Flipkart seller registration is a very wise decision to take your products on the e-commerce portals in current era of electronic marketing.
For the suppliers, this is a tremendously lucrative economic opportunity. Together with this significant benefit, Flipkart also offers a programme to safeguard sellers from fraud and other problems, and in the process, they established a seller protection fund for compensation.
Does Flipkart Seller Registration require GST registration?
The answer to this is yes. You must be registered under the Goods and Service Tax Act in order to sell your goods online. The GST registrations contain details on this need. Thus, the applicant must provide its Goods and Service Tax Identification Number when registering as a Flipkart merchant (GSTIN).
Advantages of Registering as a Flipkart Seller
Using this type of marketplace has several benefits because Flipkart is one of the biggest e-commerce hubs in India. Using this type of marketplace would provide sellers with a variety of advantages. Benefits of Flipkart Seller Registration include the following:
Growth and Expansion
Sellers who register in this manner can benefit from expanding prospects and various consumer demand patterns. Only by taking into account the registration process would this be feasible.
Minimal Business Costs
Obtaining this type of registration is a simple process. Also, once the organisation has this registration, the cost of compliance is constrained.
Securing this registration is easy, as was already indicated. After registration is obtained, working with customers is open and honest.
Ease of doing business
The simplicity of conducting business is another benefit of this registration method. It would be simple to run any firm that is registered on this e-commerce platform.
On this platform, sellers who have enrolled will receive consumer preference questionnaires. This will undoubtedly raise the calibre of services the seller offers the customer.
Product advertising on Flipkart will boost the seller's sales. This directly improves the seller's reputation.
Who may submit a Flipkart Seller registration application?
The most crucial need for submitting an application for Flipkart Seller registration is having a minimum of one product to sell. The following person can apply for registration as a Flipkart Seller if they meet all the necessary requirements:
A sole proprietorship will be automatically identified whenever someone wants to sell on Flipkart using their own name and legal authority. A sole proprietorship offers the promoters little protection from liability, is difficult to transfer, cannot have shares or partnerships, is difficult to customise, and has few legal rights to obtain bank financing. Expert guidance therefore advises against signing up as a Flipkart vendor through a sole proprietorship company.
Limited Liability Company
One of the most well-liked ways to sell on Flipkart is to register as a Private Limited company. It provides limited liability protection for organisers. A corporation is a free-standing entity with straightforward generalizability, the ability to add shareholders or associates, and the potential to quickly scale business operations. The key paperwork below must be submitted for a private limited company.
Partnership or LLP Firm
A general partnership business can also sell products on Flipkart. Hence, it is preferable to set up a limited liability partnership before joining the Flipkart marketplace. It provides statutory protection, easy generalizability, a unique legal structure, and other crucial papers for quickly joining the Flipkart seller community.
Trust & Foundation
Trust & Foundation Charities and nonprofit organisations are also eligible to sell on Flipkart. To demonstrate the legitimate authenticity of the documents, they must be submitted under the name of the foundation.
List of Goods on Flipkart
Comparatively easy compared to other marketplaces, listing on Flipkart whenever you wish to sell online. There is a website for customer service at Flipkart. To list and sell items on Flipkart, you must have at least ten products. You may have items images on hand and upload them combined with description and pricing information. Choose the category that best fits your products.
Minimum Conditions for Registration as a Flipkart Seller
Vendors who want to register for Flipkart seller registration must adhere to the following minimal standards:
How to Register a Seller on Flipkart?
By taking these easy steps, you may start selling on Flipkart:-
Step 1: Register your business
The first step in exploring the e-commerce boom and marketing your distinctive goods through it is to have your company officially registered.
Step 2: Open a bank account
The next crucial step after completing business registration is to open a current bank account in the company's name.
Step 3: Register for GST
A registration under the Goods and Service Tax is required in order to sell through an e-commerce portal. Your company's GSTIN must be provided to Flipkart.
Step 4: Create a Flipkart account.
On seller.flipkart.com, you can apply for Snapdeal seller registration once you have satisfied all the basic requirements. You must submit the information listed above as well as your contact information, which One Time Passwords will use to verify.
Step 5: Create a Product List.
After completing the registration process, you may establish your dashboard and include all the products you want to sell under the relevant product categories.
Step 6: Start selling.
You can now begin selling. If you ever receive order confirmation, pack the appropriate product for delivery and mark it "Ready for Dispatch" as soon as possible. Then Flipkart executives will pick it up from you and deliver it to the customer.
Step 7: Completed payment.
The e-commerce site will pay your order within 10 to 15 days after it is successfully delivered.
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What is the registration fee for a Flipkart seller?
If you intend to sell on Flipkart but are concerned that you would have to pay a set fee, you need not be. They don't specify any fixed charges; the only time payment is necessary is when you get an order placed through the internet. The fees that they charge are as follows:
Frequently Asked Questions
For registration as a Flipkart vendor, the following details must be given:
Every company is permitted to offer products on Flipkart. However, in order for a product to be sold on Flipkart, the following details must be provided:
- Returned Cheques
- Bank Statement
- Data pertaining to GSTIN
- Sample of a signature.